Creating a well-run facility isn’t as simple as it appears. It requires meticulous planning, dedicated resources, and a keen eye for detail to ensure that all elements, from the largest machines to the smallest fixtures, function as intended.

All these aspects fall under the umbrella term of facility asset management. Let’s explore which assets, benefits, and key processes hide behind this term.

What is facility asset management?

Facility asset management is the strategic practice of managing, maintaining, and optimizing a facility’s physical assets and infrastructure. Its effective implementation leads to lower operating costs and increased asset longevity, creating a highly functional facility that is safe, sustainable, and presentable.

Facility asset management takes care of all physical assets, each playing a crucial role in the facility’s overall functionality:
• Facility-related assets: HVAC systems, lighting, elevators, break room appliances, and all other physical infrastructure
• Personnel-related assets: Vehicles, uniforms, mobile devices
• IT-related assets: Copiers, printers, data infrastructure, software licenses

 …