Tracking equipment.
WHAT THEY RECORD
What assets exist Where they are Who is responsible Condition and history Value and depreciation
WHY REGISTERS MATTER
Assets nobody tracks disappear.
WHAT TO RECORD AT ACQUISITION
Identification Location Cost and date Warranty Expected life
WHAT TO RECONCILE PERIODICALLY
The register against physical verification.
WHAT DISCREPANCIES INDICATE
Movement unrecorded, disposal unrecorded, or loss.
WHAT MAINTENANCE MANAGEMENT PROVIDES
Scheduled servicing Fault reporting Work orders and history Parts consumed
WHAT PREVENTIVE MAINTENANCE PREVENTS
Failure, which costs more than servicing.
WHAT TO SCHEDULE ON
Usage or condition, where measurable, rather than calendar alone.
WHAT HISTORY REVEALS
Assets costing more to maintain than to replace.
WHAT TO TRACK ABOUT DOWNTIME
Duration and cause.
WHY
It quantifies the cost of failure.
WHAT IT SUPPORTS
Decisions about replacement.
WHAT TO INTEGRATE
Asset records with accounting, for depreciation.
WHAT TO CONSIDER LOCALLY
Generators and power equipment, which require substantial maintenance Parts availability and lead times