Concepts

This chapter describes the following asset management concepts:
  • Assets and asset types
  • Asset properties, including cost centers, tags, priorities, and materials
  • Sub-assets and asset hierarchies
  • Asset categories
  • Asset states and state workflows
  • Asset state change reasons, reason sets, and reason groups
  • Asset locations and tool locations
  • Asset counters, tool counts, and counter sweeps
  • Reporting counts
  • Asset counter life
  • Asset inspections