Post by rabia994 on Mar 9, 2024 0:20:28 GMT -5
Monitoring a company's assets makes it possible to identify who has certain tools and who does not, as well as maintain them in order to extend their useful life, optimize costs, or, where appropriate, replace them, to be sure that each collaborator has what is necessary to the optimal execution of their tasks, as established by law. What are assets? The assets of a company are the assets, rights, securities or resources that a company owns, for example, furniture, offices, buildings, machinery, computer equipment and vehicles, among others. Investments, securities or bonds whose benefits are projected in the medium or long term are also considered assets. And although they do not translate into liquidity, they are assets. What is asset management? The ISO standard defines asset management as: “The coordination of the activities of an organization to create value through its assets.” That is to say, we could define it as monitoring the life cycle of a company's assets and managing their allocation, use or exploitation, maintenance or repair, and replacement.
Its objective is to maximize its use, extend its useful life, reduce costs, support the supply chain and improve return on investment. Benefits of asset management Asset management allows organizations to monitor their equipment, tools, or any assets they own, evaluate their condition, and keep track of whether they remain in good working order. In this way, they minimize inventory loss, equipment failures and downtime, and improve the lifetime value of an asset. By using an asset manage America Cell Phone Number List ment system, organizations can: Carry out more efficient financial planning. Track and track assets (know which collaborator has which tool). Supervise equipment and machinery in multiple locations (especially companies with different headquarters). Reduce maintenance costs. Improve operational efficiency. Maintain a record of assets handed over, unused, stolen or lost. Increase asset availability. Improve decision making (e.g. new acquisitions, investments, etc.) Compliance with procedures and technical standards. Why is fixed asset management important? Assets can represent a large part of a company's net worth, some even have up to % of their investment allocated to the purchase of equipment and vehicles.
Therefore, the better and more effective the asset management, the greater the possibilities of maximizing the value of those investments. Without asset management, an organization may experience: Unplanned downtime Equipment failures Lost equipment Non-compliance with legal regulations Low quality of products or services provided Financial losses due to late repairs or replacements. Affects the satisfaction of collaborators, clients or commercial reputation. What does the law say in Mexico? In accordance with article of the Federal Labor Law , section III, it is the employer's obligation to promptly provide workers with the tools, instruments and materials necessary for the execution of the work, which must be of good quality, in good condition and replaced when necessary. cease to be efficient, as long as they have not committed to using their own tools. In the case of home work, article mentions that employers are obliged to keep a Record Book that contains information about the materials and supplies that are provided to the worker on each occasion, their value and method of payment.
Its objective is to maximize its use, extend its useful life, reduce costs, support the supply chain and improve return on investment. Benefits of asset management Asset management allows organizations to monitor their equipment, tools, or any assets they own, evaluate their condition, and keep track of whether they remain in good working order. In this way, they minimize inventory loss, equipment failures and downtime, and improve the lifetime value of an asset. By using an asset manage America Cell Phone Number List ment system, organizations can: Carry out more efficient financial planning. Track and track assets (know which collaborator has which tool). Supervise equipment and machinery in multiple locations (especially companies with different headquarters). Reduce maintenance costs. Improve operational efficiency. Maintain a record of assets handed over, unused, stolen or lost. Increase asset availability. Improve decision making (e.g. new acquisitions, investments, etc.) Compliance with procedures and technical standards. Why is fixed asset management important? Assets can represent a large part of a company's net worth, some even have up to % of their investment allocated to the purchase of equipment and vehicles.
Therefore, the better and more effective the asset management, the greater the possibilities of maximizing the value of those investments. Without asset management, an organization may experience: Unplanned downtime Equipment failures Lost equipment Non-compliance with legal regulations Low quality of products or services provided Financial losses due to late repairs or replacements. Affects the satisfaction of collaborators, clients or commercial reputation. What does the law say in Mexico? In accordance with article of the Federal Labor Law , section III, it is the employer's obligation to promptly provide workers with the tools, instruments and materials necessary for the execution of the work, which must be of good quality, in good condition and replaced when necessary. cease to be efficient, as long as they have not committed to using their own tools. In the case of home work, article mentions that employers are obliged to keep a Record Book that contains information about the materials and supplies that are provided to the worker on each occasion, their value and method of payment.