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EAM: Enterprise asset management (counting and recording assets, then the outsourced management thereof)
This is the optimal management of the physical assets of an organization to maximize value; across departments, locations, facilities and, in some cases, business units.
By managing assets across the facility, organizations can:
• Improve utilisation and performance
• Reduce capital costs
• Reduce asset-related operating costs
Extend asset life
Functions that Beyond Outsourcing covers include:
• Asset location
• Barcoding and tagging
• Database creation
• Ongoing outsourced management
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