20 July 2020 
Corinne Merriman, Events Manager
How important are your Assets? Are you effectively using the Asset Management capabilities in your IWMS/CMMS/CAFM system? Assets are, simply put, the most important setup within these systems. They are the foundation to a properly planned implementation and provide the blueprint for future metrics and analysis.
When you purchase and install facility equipment and assets that are designed to last longer than most of your staff’s careers, it is easy to lose visibility into when you need to plan for those high cost replacements unless you are funding and performing assessments. Meanwhile, every day your maintenance staff is visiting, maintaining, updating and replacing those assets and/or their components. Wouldn’t it be great if you had a process and the tools to manage your capital renewal planning while you are doing your day-to-day maintenance operations and constantly update your needs, so you always know exactly where you stand?
