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Asset Management

Optimizing Aircraft Maintenance Through Effective Tool Management

on October 5, 2023 | By Jay Palter
It might not seem so to outsiders, but effective tool management is critical in the aviation industry. Here, safety, efficiency, and strict regulatory compliance are non-negotiable, so it is no wonder that rigorous tool management practices are important under such restrictions. They can be the linchpin that preserves aircraft integrity and...
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Asset Management

Optimizing Asset Maintenance Management for Growth

on September 27, 2023 | By Jay Palter
What is asset maintenance management? Asset maintenance is the business practice of preserving a company's assets. Those assets could be anything from equipment and facilities to machinery and vehicles. Asset maintenance strategies aim to ensure those assets operate at peak efficiency without disrupting daily operations.
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Asset Management

Asset Management in the Age of the BYOD Workplace

on September 21, 2023 | By Jay Palter
Managing electronic assets at your business is difficult enough without having to worry about your staff’s devices. However, personal phones and laptops in the workplace have become a common problem with the advent of Bring Your Own Device (BYOD) expectations at many companies. Sometimes, the expectation is pushed by employees, but sometimes, it’s...
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Physical Security

10 Proven Strategies for Effective Equipment Lifecycle Management

on August 16, 2023 | By Jay Palter
Today’s volatile economy makes it difficult to plan equipment budgets. So it is no surprise that many organizations are actively seeking any new methods to make their equipment costs more predictable. Equipment lifecycle management (ELM) practices can be pivotal in streamlining your material costs and operations.
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Physical Security

The Importance of Managing Mission Critical Assets and Keys

on August 10, 2023 | By Jay Palter
[Definition] What are mission-critical assets? Amission critical asset is essential for a business or organization's survival. When a mission critical asset fails or is otherwise unavailable, it significantly impacts business operations. In emergencies, it is essential to prioritize mission critical assets when making triage decisions under tight...
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Physical Security

Everything You Need to Know About Enterprise Asset Management (EAM)

on July 27, 2023 | By Jay Palter
What is enterprise asset management? Enterprise asset management (EAM) is the practice of optimizing asset utilization and maintaining an asset’s condition throughout its lifecycle in your organization. The goals of EAM are to boost productivity, reduce operating expenses, and increase asset availability. Enterprise asset management systems exist...
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Key Management System

NERC Compliance: The Role of Asset and Key Management Systems

on July 6, 2023 | By Jay Palter
Electricity has been essential for over a century in major North American cities. It has been used in even the most remote rural regions for over fifty years. It only took a few decades for governments and those electrical utilities to realize just how essential this one-time novel service had become to businesses and citizens everywhere.
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