An “Asset “ is an item, thing, or entity that value to the organization. Asset involves the balancing the cost, opportunities and risk against the performance of asset to achieve the organization goals.
Mapol - Asset Management System (AMS) is a system oriented managerial framework for particular company’s performance measurement or planning any commodities based operations, business strategy based on accessories used in organization, commercial calculations related with assets based on company thus are calculated, storage etc. Sometimes this system changes depending upon the size of the organization or creature of the company those wants to maintain the assets at the identical way of business. In another way to define this system is a systematic process of maintaining, upgrading, and operating physical assets and it enhances knowledge of capital assets and their respective values, establishes standard processes for investment decision-making. It guides development of infrastructure assets toward optimal benefit at minimal cost. Organizational mission is central to defining the benefits to be pursued.
Asset management software helps with this task by maintaining a record of all the assets you want to monitor. It can hold details of their service schedules, maintenance records, depreciated value and schedule for replacement. The software can be set to trigger warnings for any of these events, so you maintain regular cycles of repair and renewal.
In this Project we done several possible operations or common terms are processed by modules or certain tasks related with AMS. It contains not only related with assets or assets based processes, additionally related with the organization’s details such as departments, Transport details, Consumer details or Vendor details, what are the types used in company such as Type Master, restage details such as depreciation and Allocation and mainly used asset details performed in company. Alternatively added the commercial usage of business those are GRN, Sales details and Maintenance of machines or other assets are under catered with Purchase included in this process. Reports are included for viewing details individual way related with Assets in company or organization.