Asset information is the information that is critical to maintaining assets through a maintenance management system and the information that is critical to efficient supply chain management.
Some asset information that is crucial to have:
Asset knowledge is an organization’s collective know-how and understanding about its asset management system and assets. Asset knowledge have to be available and accessible, otherwise it is only potential knowledge.
Asset information and knowledge management combine the information that is critical to efficient management with the knowledge that your organization need to have available.
Data-driven decision making (DDDM) is an approach to business governance that values decisions that can be backed up with verifiable data rather than making decisions that are intuitive or based on observation alone, supporting competitive advantage.
The success of the data-driven approach is reliant upon the quality of the data gathered and the effectiveness of its analysis and interpretation.
Asset knowledge is an organization’s collective know-how and understanding about its asset management system and assets. Asset knowledge have to be available and accessible, otherwise it is only potential knowledge.
Technology innovation are driving business to transform the traditional way of work in Asset Management using digitalization, in this case transforming asset information and knowledge on a centralized Asset e-Book.
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