Asset Management Data Cycle Michiganltap Form

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in this video i'm going to discuss asset management topics i have discussed are what is asset management types of asset management development of a strategic asset management plan importance of asset management benefits of automating asset management and popular asset management tools let's start the video asset management remains to be one of the primary concerns of organizations all over the world because assets drive businesses modern businesses rely heavily on physical assets to sustain effectively asset management process also helps businesses derive more value from an asset and achieve business goals so what is asset management asset management refers to the process of developing operating maintaining and selling assets in a cost-effective manner [Music] every company needs to keep track of its assets that way its stakeholders will know which assets are available to be employed to provide optimal returns [Music] the assets owned by any business fall into two main categories fixed