Learn what asset management is and how it can enhance your company’s productivity.

Sabia que a gestão de ativos está diretamente ligada à produtividade? Ela reúne uma série de práticas de gerenciamento que priorizam a qualidade dos processos por meio do bom funcionamento e condições de todos os ativos. Did you know that asset management is directly linked to productivity? It encompasses a series of management practices that prioritize process quality through the efficient functioning and condition of all assets.

In this article, we will discuss the key aspects related to asset management that can contribute to increased productivity in the workplace. Keep reading to find out more!

Asset Management and Increased Productivity – Understanding the Relationship

Achieving higher productivity translates to more results and greater profits for companies. That’s why investing in it is so significant. Asset management comprises a set of practices that align with this objective. Here’s why!

Maintenance of asset conditions

Asset management aims to maintain the company’s assets in excellent conditions for use and performance, avoiding failures, downtime, waste, and losses. This enables the extraction of maximum value from assets through resource optimization, identification of opportunities, and risk reduction.

Up-to-date information and regular reporting

Real-time information and regular reporting in asset management can contribute to increased productivity in several ways, such as:

  • Improving asset performance by identifying potential failures, bottlenecks, waste, or enhancement opportunities.
  • Facilitating accurate and objective decision-making based on reliable and up-to-date data.
  • Assisting in planning and executing preventive and corrective maintenance of assets, avoiding unplanned downtime and extending equipment lifespan.
  • Enhancing cost control of materials and labor involved in production processes.
  • visão global do Providing a global view of the company’s functioning by integrating different departments and areas involved in asset management.

All these benefits enable significant optimization of a company’s productivity.

Monitoring different sectors

Real-time monitoring of different sectors within the company is essential for asset management as it allows for an integrated and holistic view of the company’s operations. This facilitates aligning objectives and expectations of each area regarding assets and identifying their specific needs and demands.

Consider the following possibilities:

  • The inventory department can provide information on the quantity and quality of available products and raw materials, as well as incoming and outgoing goods.
  • The production department can report on production rate and capacity, equipment and machinery usage and condition.
  • The sales department can share insights on customer satisfaction and loyalty, as well as market trends and opportunities.

With this information at hand, asset management can better apply its practices, such as planning asset purchases and replacements, scheduling preventive and corrective maintenance, evaluating asset performance and value, controlling costs and risks, and striving for continuous process improvement.

Have you realized how asset management has become indispensable for companies aiming to enhance productivity in the workplace? By implementing it, you will benefit from qualified teams integrated into the processes, overseeing and balancing costs, materials, labor, and risks.

If you want to learn more about implementing effective and efficient asset management in your company, check out Manusis4, an asset management software that offers comprehensive and integrated solutions for your business.