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Journal articles on the topic 'Asset management'

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Published: 4 June 2021
Last updated: 4 May 2024

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1

Nasir, Amalin A’ishah Mohd, Suhaibah Azri, and Uznir Ujang. "Asset Management in Malaysia: Current Status." IOP Conference Series: Earth and Environmental Science 1064, no. 1 (July 1, 2022): 012035. http://dx.doi.org/10.1088/1755-1315/1064/1/012035.

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Abstract Asset management is a rapidly growing practice in response to changes in urban development and becoming one of the important practices in Malaysia. As a result, the Malaysian government has raised awareness of asset management to manage and maintain government assets. Thus, the Malaysian government has established MySPATA, a fixed asset management system used by all government ministries to help agencies standardize, manage, and monitor fixed assets. The four asset management documents used in MySPATA are the Government Asset Management Policy (DPAK), Government Comprehensive Asset Management Manual (MPAM), Government Immovable Asset Management Procedures (TPATA), and Immovable Asset Management System. Asset management is concerned mainly with operating assets in Malaysia, including their management, monitoring, maintenance, and disposal. Government agencies are charged with supervising governments and enabling the delivery of public services. Thus, asset management policies and processes are critical for delivering and assisting in effective asset management. Asset management must be effective and efficient to ensure that the assets provided can be handled and utilized for the intended purpose. This study examines Malaysia’s current asset management practices and identifies the advantages and disadvantages of the current approach.
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Zeb, Jehan. "An eco asset ontology towards effective eco asset management." Built Environment Project and Asset Management 7, no. 4 (September 14, 2017): 388–99. http://dx.doi.org/10.1108/bepam-11-2016-0061.

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Purpose The purpose of this paper is to develop an ontology of eco or natural assets to represent eco asset knowledge at two levels: eco asset metal model and eco asset ontology (EA_Onto). The three objectives of this paper are to: define eco assets explicitly to reach a common understanding of the terms; evaluate the ontology; and discuss a potential area of application. Design/methodology/approach A seven-step methodology was used to develop the proposed ontology: define the scope; develop the eco asset meta model (EA_MM), define taxonomy, code ontology, capture ontology, evaluate ontology and document ontology. Findings The EA_MM was developed to represent eco asset domain knowledge, which was further extended to develop the EA_Onto, explicitly defining the eco asset knowledge in asset management. As a part of evaluation, it was found that the knowledge representation is consistent, concise, clear, complete and correct. Practical implications Theoretically, the proposed ontology is a significant contribution to the body of knowledge in asset management. Practically, the knowledge representation provides a common understanding of eco assets for asset management experts. In addition, it will be used in applications for effective eco asset management. Originality/value The current literature lacks explicit declaration of eco assets, how they are related to built environment for effective integration and how asset management functions are to be applied to accomplish effective eco asset management. Presently, eco assets are managed on an ad hoc basis, which need to be explicitly defined through developing an EA_Onto for implementation in applications for effective eco asset management.
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Dewan, Shameem A., and Roger E. Smith. "Creating Asset Management Reports from a Local Agency Pavement Management System." Transportation Research Record: Journal of the Transportation Research Board 1853, no. 1 (January 2003): 13–20. http://dx.doi.org/10.3141/1853-02.

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Reporting assets is an essential component of an asset management system. While asset management covers management of the whole range of assets an agency owns, several types of reports need to be produced depending on the types of assets and the purpose of reporting. These reports are used to convince lawmakers and taxpayers to allocate funds needed to keep the assets in a desirable condition. Reports produced from an individual management system, such as a pavement management system (PMS), a bridge management system, or a sewer management system, can be combined to support reporting on all assets combined. A study was conducted to demonstrate the production of asset management reports by using a local agency PMS. The study was conducted by using the Metropolitan Transportation Commission PMS, which is used by many local agencies to support managing pavement networks of cities and counties. It is evident from the study that several useful reports supporting an overall asset management system can be created by using this PMS.
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Rachmawati, Rima, Ferry Mulyawan, Remon Gunanta, and Daniel Nababan. "Asset Management Competencies and Organizational Structure on the Effectiveness of Village Asset Management." International Journal of Engineering & Technology 7, no. 4.34 (December 13, 2018): 227. http://dx.doi.org/10.14419/ijet.v7i4.34.23896.

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The purpose of this study is to determine the effect of asset management competence with the effectiveness of village asset management. The research was conducted on the existing village in the city of Bandung with the technique of purposive sampling. The result of this research concludes that asset management competence influence the effectiveness of asset management of village with the variability of effectivity of asset management of village formed by competence of asset management equal to 27,9% and increase after organizational structure as variable the moderate both competence relation to effectively of asset management of village. Description analysis concludes that there are still obstacles in managing village assets such as that there is no accurate recording and documentation of assets so that they are controlled by other parties because the low proof of ownership and report does not reflect accountability. It is that causes Audit Board of the Republic of Indonesia to provide a Fair Exception Opinion.
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o'g'li, Meliboyev Ibroxim Mavlon. "MANAGEMENT OF FINANCIAL ASSETS IN BUSINESS ENTITIES." American Journal of Management and Economics Innovations 5, no. 9 (September 1, 2023): 21–24. http://dx.doi.org/10.37547/tajmei/volume05issue09-04.

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This article shows the importance of financial asset management for enterprises, the entire business depends on the availability and turnover of financial assets, what are financial assets, and how to organize financial asset management. of the article relevance today's in the day financial assets of management theoretical aspects according to our scientists by enough research works take not going therefore for financial assets of management theoretical studies deepening and the first in line, him set giver important comprehensive features _ seeing requires exit.
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Stratford, D., T. Stevens, M. Hamilton, and A. Dray. "Strategic asset management modelling of infrastructure assets." Proceedings of the Institution of Civil Engineers - Engineering and Computational Mechanics 163, no. 2 (June 2010): 111–22. http://dx.doi.org/10.1680/eacm.2010.163.2.111.

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Nowak, Christopher G. "Asset Management: Securing the Most Vulnerable Assets." Biomedical Instrumentation & Technology 42, no. 3 (May 2008): 219–21. http://dx.doi.org/10.2345/0899-8205(2008)42[219:amstmv]2.0.co;2.

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M, Dr Renuka Devi S., Vulli Varshini, Thotakuri Shruthi, Palem Nandini, and Lanka Bhavyasri. "Asset Tracking and Management System." International Journal for Research in Applied Science and Engineering Technology 11, no. 6 (June 30, 2023): 3679–84. http://dx.doi.org/10.22214/ijraset.2023.54185.

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Abstract: This abstract presents an overview of an IoT-based asset tracking and management system. The system utilizes Internet of Things (IoT) technologies to enable real-time monitoring and tracking of assets in diverse industries. Today, the growth of technology is rapid and provides all necessary and effective solutions for their requirements. One of the most important areas of concern is security. In this scenario, IoT asset tracking is developed to increase the safety of any valuable items. The Internet of Things technology (IoT) can track and monitor an asset in the outdoor and indoor environment. This empowers business and end-users with the information and opportunity to run their operations effectively and make educated decisions respectively. The management of assets is a critical process for businesses to ensure that they are operating effectively. The system provides organizations with valuable insights into the location and utilization of their assets. It highlights the advantages of adopting this technology such as improved asset visibility and enhanced security. Furthermore, the abstract explores potential applications of IoT-based asset tracking in sectors such as logistics, transportation, and inventory management. Overall, this abstract demonstrates the significance of IoT in revolutionizing asset tracking and management processes ultimately leading to cost savings
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Carpenter, Natasha, Sage Vernall, Matt Rivers, Jo Morriss, Richard Reinen-Hamill, Nancy Baines, Emma Singh, and Josie Robison. "AUCKLAND COUNCIL’S PROGRESS ON SUSTAINABLE SHORELINE ADAPTATION PLANS." Coastal Engineering Proceedings, no. 37 (September 1, 2023): 173. http://dx.doi.org/10.9753/icce.v37.management.173.

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Auckland Council is currently developing shoreline adaptation plans across the Auckland region to support the sustainable management of public assets into the future with increasing coastal hazard risks. These build upon the Coastal Management Framework (Carpenter et al. 2017) and are being developed as 20 phased plans. At the time of writing the ‘Whangaparāoa’ and ‘Beachlands and East’ Shoreline Adaptation Plans (SAP) have been completed. The ‘Āwhitu Peninsula’ and ‘Manukau South’ SAPs are well underway, and the remaining SAPs are programmed to be completed over the next 4 years. To inform the development of the adaptation strategies numerous datasets were required. Coastal erosion and coastal flooding predictions have been mapped for the Auckland region to assess the evolving coastal hazards. Up-to-date coastal asset information was gathered through hundreds of coastal asset inspections for each SAP area. This asset data fed into adaptation strategy decisions as well as being incorporated into a regional risk assessment to assess the relative risk across Auckland’s SAP units.
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Feldman, Deborah S. "Asset Management." Cornell Hotel and Restaurant Administration Quarterly 36, no. 5 (October 1995): 36–51. http://dx.doi.org/10.1177/001088049503600522.

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MAY, PAUL. "ASSET MANAGEMENT." Australian Planner 35, no. 1 (January 1998): 10–14. http://dx.doi.org/10.1080/07293682.1998.9657803.

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Feldman, D. "Asset management." Cornell Hotel and Restaurant Administration Quarterly 36, no. 5 (October 1995): 36–51. http://dx.doi.org/10.1016/0010-8804(95)92249-m.

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Supriati, Ruli, Diah Aryani, and Siti Maesaroh. "Asset Management Using a Web-Based Accounting Online System To Maintain Value of Company Assets." Aptisi Transactions on Management (ATM) 1, no. 1 (January 1, 2017): 31–37. http://dx.doi.org/10.33050/atm.v1i1.683.

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Assets are entities that are tangible or intangible and have economic value. In a company, assets are important, because assets are assets that must be managed properly to provide good benefits also to the company. Companies must be able to keep the value of each company's assets to always be at a high level, avoiding damage so that the value of the asset does not fall in the selling price. With asset management, companies are increasingly eager in planning outgoing expenses to maintain the value of existing assets, monitoring assets that are bought, sold, or otherwise depreciated. Asset management based on this online accounting system, companies get asset data reports, accumulated depreciation of each asset until the asset value is updated or real-time. Any assets that have been added in the system can be archived, edited or deleted. Import feature on this system also facilitate the company in doing penginputan asset data in large quantity. Thus, with the asset management system directly synchronized with the company's financial data, will provide work efficiency in monitoring each company's assets. Keywords​: Asset Management, Real-time, Entities, and Asset Values
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Kusumojati, Putri Pramestiwi, and Elis Mediawati. "Web-Based Asset Management Information Systems in Higher Education." International Journal of Business, Law, and Education 5, no. 1 (January 21, 2024): 398–411. http://dx.doi.org/10.56442/ijble.v5i1.382.

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This study aims to determine the Asset Management Information System in Higher Education. The research method used in this study is the SLR (Systematic Literature Review) method. In this study, SLR (Systematic Literature Review) is used to identify, review, evaluate, and interpret previous studies on the Google scholar database with a period of the last 10 years, namely 2013-2023. The results showed that universities do not yet have an internal information system to control their assets. The absence of an asset management information system will have difficulty in tracing asset data. Solutions to overcome existing problems require a web-based asset management information system that can carry out asset management to be more efficient and organized, and make it easier to collect the number of assets, data about assets based on their condition, grouping assets by type, and make it easier to search asset data.
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Liang, Qiyi, and Ma Visitacion Gumabay. "Computer Laboratory Asset Management System with Analytics." Journal of Sustainable Urbanization Planning and Progress 6, no. 1 (2022): 1–5. http://dx.doi.org/10.26789/jsupp.2022.01.001.

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With the development of computer information technology, the information revolution permeates every corner of life. Colleges and universities are the frontiers of information development, and their hardware infrastructure construction is relatively perfect. Due to the large number of people in colleges and universities, the computer room and computer training room equipment are also required. Traditional computer asset management methods are inefficient, especially the management of computer laboratory assets, which is not standardized and difficult to manage and count online. Therefore, we need to develop a set of online computer training rooms asset management system, equipment management, assets input, assets, to solve the online query, asset service, asset leasing, fault statistics, maintenance records, etc., at the same time, through the system specification work of the staff of computer room, computer lab asset management more standardized and efficient.
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Dwi Nurul Huda, Nurul Saepul, and Saiful Najib. "Aplikasi Manajemen Aset Dengan Penyusutan Menggunakan Metode Straight Line Pada Tv Kepri Tanjungpinang." Jurnal Bangkit Indonesia 7, no. 2 (October 4, 2018): 80–86. http://dx.doi.org/10.52771/bangkitindonesia.v7i2.176.

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Kepri TV is an agency engaged in television and audio-visual broadcasting. In this case, Kepri TV has many assets. Asset Management at Kepri TV is still not owned, so that asset data collection, borrowing and depreciation reporting are still done manually. This can be anticipated by using applications and calculating depreciation of assets using the Straight Line Method. Therefore we need an information system that can assist in the management of company assets. This application can assist in asset management, annual asset reporting, asset value monitoring, more recorded asset management data collection and managed and controlled asset borrowing and depreciation.
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Eachempati, Prajwal. "Change Management in Information Asset." Journal of Global Information Management 25, no. 2 (April 2017): 68–87. http://dx.doi.org/10.4018/jgim.2017040105.

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We are passing through information age with lightning communication speed. Information asset storage in Cloud and retrieval in the net has become the new invisible corporate voyage into the information space. Information Assets are a valuable source of Knowledge for both Information asset creator as well as the user. These are fluid assets that change overtime based on several internal and environmental factors! This paper seeks to address these aspects of Change that impacts such “fluid” Information Assets and the need to raise up to the changing expectations of the millions of users by satisfying the ever growing information hungry businesses. Providing unreliable information and sub-optimal analytical tools can destroy the user in the first instance and can lead to self-destruction as Information asset provider will find no takers in the long run. In this context this assorted information on Change management is chosen carefully and it is hoped, will benefit the reader who may be a technical expert in his field.
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Athoillah, Ibid, and Firda Pratiwi. "Development of an Asset Management System Integrated with GIS and K-Means Algorithm for Large Industrial Area." International Journal of Engineering & Technology 7, no. 4.1 (September 12, 2018): 113. http://dx.doi.org/10.14419/ijet.v7i4.1.28237.

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The large industrial area has more than a thousand assets that make asset management activities to become more challenging. However, the current asset management in several industrial companies still records the asset information in paper-based documents. Therefore, the technical problems found in current practices in the field are the difficulties in determining the actual position of assets and which group of asset belongs accurately. To overcome those problems and to improve the asset management activities, an asset management system using GIS (Geographic Information System) and K-Means Algorithm is proposed. GIS to visualize the asset coordinate and condition on a geographical map, manage and store the assets detail information and K-Means Clustering Algorithm to cluster the assets based on their coordinate and simplifies the scattered asset. The system is developed using the Waterfall model. The system is native applications built using electron framework and can be accessed within industrial area network only, to keep the user convenience and security of asset data. The Leaflet used as interactive map software frameworks to visualize the industrial map, manage the geospatial data and mapped the industrial asset, including machinery, equipment, land, and building. For the initial operation, the system contains more than 700 assets data with 6 categories and 4 clusters. This system improves the assets accuracy, reduces the time of asset management practices, and the asset clusters can be used as decision support for industrial asset management activities.
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Sastrawiria, Risma Putra Pratama, and Nasu Seigo. "The Intention of Bridge Asset Management Implementation in Indonesia." Buildings 14, no. 3 (February 27, 2024): 622. http://dx.doi.org/10.3390/buildings14030622.

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The need for effective bridge asset management in Indonesia has become crucial. Currently, the number of bridge assets in Indonesia is continuously increasing, parallel to the rising budget allocations for infrastructure development in the road and bridge sectors to enhance regional connectivity more efficiently. This situation places demands on asset managers to work harder and possess expertise in bridge asset management. However, the reality reveals persistent issues related to the inability of bridge asset managers in various regions to manage their assets effectively. This raises the question of whether asset managers have the intention to implement asset management or what factors might drive their appeal to have an intention towards effective asset management. To address these questions, a survey was conducted involving asset managers and experts to evaluate the current state of bridge asset management in Indonesia. The research findings provide insights into the relationships among factors associated with bridge asset management, such as budget, data, policy, resources, and system, and the intentions of asset managers. The model’s solutions show that data and system are anticipated to achieve effective and efficient implementation of bridge asset management. It is hoped that this research will assist asset managers in Indonesia in enhancing their intention towards better bridge asset management.
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Dedeke, Adenekan. "Assessing the Maturity of the Asset Lifecycle Management in the Case of the Massachusetts Bay Transportation Authority (MBTA)." Information Resources Management Journal 35, no. 1 (January 2022): 1–27. http://dx.doi.org/10.4018/irmj.287906.

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Asset management is a central capability that organizations have to perform well. Asset management is concerned about the management of assets that are valuable or potentially valuable to an organization. This article focuses on asset management as it is performed in the railway transit industry. The past decade has seen a number of positive changes in the way that transit agencies manage their assets. While many transit agencies have introduced asset management approaches, work still needs to be done in the area of how we assess the maturity of asset management programs. This article proposes a framework for assessing the maturity of asset management programs, especially those that are used to manage individual assets according to their lifecycles. To illustrate the value of the proposed asset management maturity framework, we describe the asset management transformation at a transit agency and use the proposed framework to document the gains of the improvement effort.
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Munir, Mustapha, Arto Kiviniemi, Stephen Finnegan, and Stephen W. Jones. "BIM business value for asset owners through effective asset information management." Facilities 38, no. 3/4 (September 25, 2019): 181–200. http://dx.doi.org/10.1108/f-03-2019-0036.

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Purpose The purpose of this paper is to investigate the processes, tools and techniques of strategic asset information management (AIM) for built assets, and how the asset information content enhances the proficiency of asset managers to effectively manage their assets throughout their life cycle by utilising building information modelling (BIM) and asset management (AM) systems. For most asset managers, the problem is not the lack of information about their assets, but the abundance of it, and most especially the absence of established processes and protocols to effectively manage large sets of asset data. Therefore, it is crucial to develop a strategy to control and manage this information in order for asset managers to harness its potential and realise value from their organisation’s information assets.. Design/methodology/approach A qualitative case study strategy was used to investigate the effective management of asset data in an AIM system. Seven sets of interviews were conducted and nine respondents were interviewed. These were analysed through qualitative thematic analysis using the NVivo software. Findings The paper identifies six dimensions of value that BIM contributes to AM, which are: management, commerce, efficiency, industry, user and technology value. Also, the paper demonstrates that there is real value to be derived by the asset owner from the effective management of asset information. The study highlights that the value of BIM is not inherent but would require many other processes to deliver value to the organisation. Originality/value The key value of the paper is that it identifies important techniques for managing asset data and how asset information is collected, organised, stored, controlled, analysed, secured, shared and reported within a virtual AIM system for strategic management-based decisions.
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Linuhung, Tiara Setra, and Elis Mediawati. "Asset Management, Optimization of Asset Use, and its Effect on Local Own-Source Revenue." International Journal of Business, Law, and Education 4, no. 2 (December 22, 2023): 1475–87. http://dx.doi.org/10.56442/ijble.v4i2.346.

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Assets are one of the tools to generate revenue for a country. Given the important role of assets, this study aims to comprehensively determine the effect of asset management and asset optimization on PAD. The method used is literature study with descriptive analysis. The research results from 13 regions, 6 of which show that asset management has an effect on PAD, 2 regions state that asset management has no effect on PAD, 2 regions prove that asset optimization has an effect on PAD, and 3 regions state that asset management has no effect on PAD. The author can also conclude that asset management/management and asset optimization are closely related and affect each other.
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Hsiao, David W., Amy J. C. Trappey, Lin Ma, Yat Chih Fan, and Yen Chieh Mao. "Agent-Based Integrated and Collaborative Engineering Asset Management." Materials Science Forum 594 (August 2008): 481–93. http://dx.doi.org/10.4028/www.scientific.net/msf.594.481.

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Engineering assets are fundamentally important to enterprises. Thus, making the best use of engineering assets attracts equipment and system engineers’ attention. The state-of-the-art researches contribute to asset condition monitoring, asset symptom diagnosis, asset health prognosis, and the integration of above knowledge. However, they still lack the combination with enterprise resources to determine the best maintenance/renewal time for the optimization of total enterprise benefits. Consequently, this paper proposes the integrated architectural framework, activity and process models of a multi-agent system called agent-based integrated engineering asset management (AIEAM) based on agent techniques to build collaborative environment for asset manager, diagnosis expert, prognosis expert and enterprise resource manager. An engineering asset management case (for repair and maintenance of automatic parking tower) applying the proposed architecture and models is depicted in the paper.
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Mohd Nasir, Amalin A’ishah, Suhaibah Azri, and Uznir Ujang. "MANAGING 3D ASSET MANAGEMENT USING CITYGML CONCEPT." Journal of Information System and Technology Management 7, no. 25 (March 7, 2022): 139–47. http://dx.doi.org/10.35631/jistm.725011.

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In the last decades, three-dimensional asset management is one of the significant practices that is rapidly being used nowadays. Nowadays, 3D GIS has been applied in various applications, especially asset management. A major problem that faces the country at present is the lack of effective tools for managing and maintaining the assets. Currently, in Malaysia, there has been a system that develop by the government named Malaysia Immovable Asset Management System (MySPATA) that is used for the recording, managing, and monitoring government immovable assets. However, this system has not been very successfully utilized due to data complexity and complication in the documentation. This also happens because there are issues involving the management of spatial data due to the growing complexity in infrastructure and limitation of applications. In the surge of digitized economies and industrial improvement, the usefulness of data visualization is becoming increasingly significant in sectors such as smart city planning, construction, management, and services. Therefore, for this to happen, integration between 3D asset management and the CityGML concept is needed This paper focuses on managing 3D asset management using the CityGML concept. CityGML is an independent geospatial information model for semantic 3D city and landscape models that contain various features and modules such as spatial information, data integration, and data visualization. Integration of current technology which is Geographical Information System (GIS) and CityGML concept being employed for 3D asset management. A 3D asset management modeling is being developed using the CityGML standard to track spatial assets, maintain asset records, and sustain an accurate inventory of assets. Thus, in the future, an effective GIS database management will be developed to ensure adequate system performance and operational.
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Walker, David. "Asset management: listening to your asset." APPEA Journal 59, no. 2 (2019): 824. http://dx.doi.org/10.1071/aj18157.

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The ability to measure large amounts of data at high frequency, and the increasing ability to process these data close to the source at the edge, has opened up a new frontier in asset management. Until now, analysis of high-frequency data in real time has been the domain of a few, very expensive devices. However, this is rapidly changing, with the increasing capabilities of sensors and edge devices providing flexible, low-cost solutions that can be deployed across all site machinery to provide predictive and detailed information about these assets. All machinery vibrates at multiple frequencies when running. If you listen to this vibration, it can tell you a lot about the condition of the machine and its components. In fact, it is surprising how rich and detailed this information can be. Cavitation, insufficient lubrication, failing bearings and faulty impellers all have different vibration signatures, and by listening for these signatures it is possible to identify issues before they occur, and even predict when they will occur. It is also possible to feed this information (e.g. cavitation) to the control system so that process decisions can be made to avoid machine damage. This paper discusses solutions that are available now and currently being developed in terms of edge computing devices and advances in the algorithms that analyse the vibration data, and how they can be applied in the oil and gas industry to ensure assets are optimised and downtime is minimised.
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Nahuddin, Yusuf Eko, Romli SA, and Muhammad Maghfur Agung. "Problems of a New Paradigm in the Legal Village Asset Management." Nurani: Jurnal Kajian Syari'ah dan Masyarakat 23, no. 1 (June 30, 2023): 153–62. http://dx.doi.org/10.19109/nurani.v23i1.13373.

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Independent management of village assets in order to make the village the main locomotive for the welfare of the village community is a necessity, while the purpose of this study is to find out how the new paradigm in village asset management and what is a problem in village asset management. This research method uses a type of normative legal research with a statutory approach and a conceptual approach. By collecting legal materials that are relevant to the issues raised and read and then grouped before being interpreted and analyzed using qualitative methods. This research concluded that the new paradigm in village asset management must be understood by all village asset management power holders so that village assets can be managed optimally to increase the potential source of village income so that it becomes an independent village. However, the new paradigm still causes problems including the old mindset in managing village assets and the still weak supervision in the management of village assets and the data collection of village assets that are not optimal, not to mention the conditions where inhumanity in the management of village assets by the holders of village asset management power For this reason, it is necessary to encourage technology-based village asset management management (digitalization) so that there are the same standards, the same perspective in village asset management , so as to give birth to the creativity of village asset management power holders in optimizing the potential of their village assets independently so that the village becomes a locomotive of development and equitable distribution of the welfare of the rural community.
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Clarke, M., and K. J. Woolley. "ASSET KNOWLEDGE INTEGRITY MANAGEMENT (ASSET INTEGRITY MANAGEMENT FORTHETHIRD MILLENNIUM)." APPEA Journal 40, no. 1 (2000): 531. http://dx.doi.org/10.1071/aj99033.

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This paper presents a framework for introducing effective knowledge transfer across departments and disciplines at all stages of a project lifecycle, with the aim of improving the process of asset integrity in the Third Millennium.The tools of building a learning organisation are presented as a starting point for promoting a knowledge management culture that recognises that most of the valuable information resides with the people and needs a mechanism for capture.All too often, vital information remains with key people on the job because they simply do not have a means to transfer that knowledge into a system.Asset integrity knowledge management provides a framework to identify the key stages in the life cycle of an asset and how to share and capture knowledge at all stages to lead to significant benefits in managing asset integrity.
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Iorsh, Vladimir. "How to implement an asset management system in an enterprise." Upravlenie kachestvom (Quality management), no. 1 (January 1, 2021): 8–15. http://dx.doi.org/10.33920/pro-1-2101-02.

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The main idea of asset management is to find a balance between the performance of assets, the risks and costs associated with assets. This is not an easy optimization task that requires continuous solution, since the point of this balance shifts during the asset lifecycle. To solve it, the company needs an asset management system. About the introduction of an automated asset management system, processes of diagnostics of automated process control system equipment
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Biswas, Sukalpa, John Proust, Tadas Andriejauskas, Alex Wright, Carl van Geem, Darko Kokot, António Antunes, et al. "CoDEC: Connected Data For Road Infrastructure Asset Management." IOP Conference Series: Materials Science and Engineering 1202, no. 1 (November 1, 2021): 012002. http://dx.doi.org/10.1088/1757-899x/1202/1/012002.

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Abstract Road infrastructure asset management is rapidly transforming into a digital environment where data accessibility, effective integration and collaboration and accessibility from different sources and assets are key. However, current asset management processes are not yet fully integrated or linked, and there are incompatibilities between various systems and platforms that limit the ability to integrate asset management with BIM. The CoDEC project has sought to understand the current status of information management for assets, including inventory, condition and new data sources such as sensors and scanning systems, to identify the challenges and needs for linking and integrating different data sets to support effective asset management. As a result, CoDEC has developed a data dictionary framework to help link/integrate static and dynamic data for the “key” infrastructure assets (road pavements, bridges, tunnels). This will enable BIM and Asset Management Systems (AMS) to exchange data and help optimise and integrate data management across systems and throughout the different asset lifecycle phases, from build to operation. This work will be followed up with three pilot projects to demonstrate the feasibility of integrating asset data from various sources through linked data/semantic web technology to build the connection between AMS and BIM platforms.
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Pandiangan, Saut Maruli Tua, Hotbona Novandi Tambunan, Josua Alexander Gultom, and Thomas Firdaus Hutahaean. "Analysis of Asset Management Ratio and Solvency Management Ratio." Journal of Corporate Finance Management and Banking System, no. 42 (February 1, 2024): 35–46. http://dx.doi.org/10.55529/jcfmbs.42.35.46.

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Profit is total income after deducting company costs or what can be called net profit. Profits generated by a company can be a benchmark for a company's success. To gain large profits, a company must be able to manage assets effectively and efficiently, because this can show that the company has good financial performance. One of the ratios that investors most often consider is the total assets turnover ratio. However, often a high asset management ratio does not indicate the company's effectiveness in managing high assets, but because inventory levels are low. A company is said to be insolvent when its debt position is greater than the total assets owned by the company. To find out whether it is solvable or not, it can be calculated using the debt to equity ratio. PT FKS Food Sejahtera Tbk (IDX: AISA) is a food producing company headquartered in Jakarta, Indonesia. This company was founded in 1990, with the main products being various types of ready-made food. The purpose of this research is to analyze asset management ratio and solvency management ratio PT FKS Food Sejahtera Tbk. The type of research in this research uses qualitative descriptive research. The subject of this research is PT FKS Food Sejahtera Tbk whose financial report data is from 2015 to 2021. The object of this research is asset management ratio and solvency management at PT FKS Food Sejahtera Tbk. The analysis method in this research uses a time series analysis approach. The results of this research show that the average fixed asset turnover of PT FKS Food Sejahtera Tbk is 1.15 times. The average total asset turnover of PT FKS Food Sejahtera Tbk is 0.7 times. The average debt ratio at PT FKS Food Sejahtera Tbk from 2015 to 2017 has a value of 1.38 which becomes unsafe in 2017, 2018, and 2019. The multiple that received the highest profit was in 2019 with a multiple of 12.15.
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Mety Andriani Baitanu and Ni Luh Putu Wiagustini. "PENGARUH MANAJEMEN ASET TERHADAP OPTIMALISASI PEMANFAATAN ASET TETAP DI KABUPATEN KARANGASEM." Journal of Applied Management Studies 2, no. 1 (January 27, 2021): 38–48. http://dx.doi.org/10.51713/jamms.v2i1.22.

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The purpose of this research is to analyze the effect of asset management on optimizing the utilization of fixed assets in Karangasem Regency. This research is an associative research, namely the causality relationship between asset inventory, asset valuation, asset control and control to the level of optimization of fixed assets (land and buildings) owned by Karangasem Regency government. Data collection methods used in this study are through questionnaires / questionnaires. The data analysis technique in this study was quantitative statistical analysis using multiple linear regression models that were completed with the SPSS (Statistical Package for the Social Science) for windows The results of hypothesis testing conducted using multiple linear regression models indicate that: 1). Asset inventory has a positive and significant effect on optimizing the management of fixed assets. 2). Asset valuation has a positive and significant effect on optimizing asset management and 3). Asset control and supervision has a positive and significant effect on optimizing the management of the Karangasem Regency Government assets which shows that any improvement in asset control and supervision will be followed by increased optimization of asset management still the Karangasem Regency government. The implications of this study are a) Asset Inventory has a positive and significant effect on Asset Optimization. This proves that with the implementation of the inventory includes data collection, codification / labeling, grouping and bookkeeping / good administration, it will provide an optimal utilization of assets. b) Asset Valuation has a positive and significant effect on Asset Optimization. Asset valuation conducted by an independent institution is needed by the local government of Karangasem Regency, where the results of this value will be used to determine the value of wealth and information for the application of prices for the assets to be sold. c) Asset Monitoring and Control has a positive and significant effect on Asset Optimization. Supervision and Control have been carried out well by the Karangasem Regency government through the development of the Asset Management Information System.
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Storonyanska, Iryna, and Liliya Benovska. "Asset-оriented management of territorial communities: theoretical approaches." Regional Economy, no. 1(95) (2020): 5–13. http://dx.doi.org/10.36818/1562-0905-2020-1-1.

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With the implementation of the reform of administrative and financial decentralization in Ukraine, the changes have occurred in managing the development of territorial communities in the direction of providing their self-development. Each territorial community has some resource potential, but the success of the development of community depends not only on the availability of resources, but on the ability to turn them into development assets. Therefore, when talking about the management of the assets of territorial communities, it is advisable to focus on two aspects: the own resource potential of the territorial community and the effective management aimed at transforming this resource into a community asset. The purpose of the article is to compare conceptual approaches to management with a focus on asset-oriented management of territorial community. Methods. The following methods were used for the study of asset-oriented management of the territorial community: historical, abstract and logical, systematic and comparative analysis. Results. The article analyzes the conceptual approaches to management: problem-oriented management, resource-oriented management, value-oriented management, asset-oriented management. Comparisons are made and the opportunities and expediency of their application for management of territorial community are analyzed. The necessity of using asset-oriented management of territorial community in the conditions of administrative and financial decentralization is substantiated. The features of asset-oriented management of the territorial community are characterized. It is stated that the goal of asset-oriented management is to increase the capacity of territorial communities by mobilizing their own resources and transforming them into community development assets. The assets of the territorial community were identified with grouping them into tangible and intangible assets. The technology of management of assets of territorial communities with separation of stages of management, purpose, subjects and objects of management, interconnections is developed.
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Stratford, David, Tom Stevens, Mary Hamilton, Alan Dray, Mervyn Carter, and Marius Sultan. "Discussion: Strategic asset management modelling of infrastructure assets." Proceedings of the Institution of Civil Engineers - Engineering and Computational Mechanics 165, no. 3 (September 2012): 217–18. http://dx.doi.org/10.1680/eacm.12.00005.

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GÂRLEANU, NICOLAE, and LASSE HEJE PEDERSEN. "Efficiently Inefficient Markets for Assets and Asset Management." Journal of Finance 73, no. 4 (August 2018): 1663–712. http://dx.doi.org/10.1111/jofi.12696.

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Wicaksana, Arif, Harmono Harmono, and Sari Yuniarti. "Pengaruh inventarisasi aset, penggunaan aset, pengamanan dan pemeliharaan aset terhadap optimalisasi aset tetap tanah pada pemerintah Kabupaten Malang." Publisia: Jurnal Ilmu Administrasi Publik 6, no. 1 (April 30, 2021): 1–14. http://dx.doi.org/10.26905/pjiap.v6i1.5514.

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In the era of national transformation and regional autonomy, there have been many breakthroughs in the management of land fixed assets, but many financial problems and land assets have not been implemented optimally, effectively and efficiently in their management. This study was used to analyze the effect of asset management on the optimization of fixed land assets in Malang Regency Government. The independent variables used in this study were asset inventory, asset use, asset security, and maintenance, while the dependent variable used asset utilization and asset optimization with a sample of 62 respondents. This type of research is quantitative using multiple regression analysis and path analysis method. The results showed that there was an indirect effect of asset inventory, asset use, and asset security and maintenance on asset optimization through asset utilization where security and asset maintenance had a significant and positive effect, while asset inventory and asset use had no effect on asset optimization. The direct effect of asset inventory, asset use, asset security, and maintenance on asset optimization shows that asset inventory and asset security have a significant and positive effect on asset optimization, while asset use has no effect on asset optimization. In addition, asset utilization has a significant and positive effect on asset optimization.
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Masya, Fajar, Joko Triloka, and Hary Sabita. "ASSET MANAGEMENT SYSTEM IN HIGHER EDUCATION INSTITUTION USING TDWI BIG DATA MATURITY MODEL." International Research Journal of Computer Science 9, no. 7 (July 31, 2022): 141–45. http://dx.doi.org/10.26562/irjcs.2022.v0907.001.

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Asset management is the process of recording, collecting data, reporting and documenting assets at a specific time based on existing provisions, proper asset management can support operational activities especially in the maintenance, repair, and procurement of assets for the organization. This study aims to addition to acquiring additional assets data and calculating devaluation of assets, including tracking their location, collating data regarding their operation and maintenance status, with the aim of improving the overall utilization of the assets The methodology used in this research is TDWI Big Data Maturity, which can accommodate changes during the system design process, by taking samples based on the business process of asset management in one of the private institution. This study produced a web-based asset management information system that can assist in managing and tracking asset data and logistic items.
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John A, Shibu. "Asset Inspection Management System as a Reliable Inspection/ Monitoring Tool." Materials Evaluation 78, no. 12 (December 1, 2020): 1276–85. http://dx.doi.org/10.32548/2020.me-04125.

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Enterprise asset management (EAM) systems are used by asset owners and/or operators to manage the maintenance of their physical assets. These assets, including equipment, facilities, vehicles, and infrastructure, need maintenance to sustain their operations. An EAM system provides the means to have less unplanned downtime and extended asset longevity, which offers clear business benefits that improve the profit and loss statement and balance sheet. Particularly for capital-intensive industries, like drilling and exploration, the failure of on-time delivery of critical equipment or processes is disruptive and costs nonproductive time and customer satisfaction. Organizations understand these issues and employ an appropriate asset management system to engineer their asset maintenance and management. An EAM system is needed to manage the people, assets/equipment, and processes. EAMs are used to plan, optimize, execute, and track the needed maintenance activities with associated priorities, skills, materials, tools, and information. Similarly, nondestructive testing (NDT) is used as a tool for integrity assessment of assets in drilling and exploration. The main advantage of using NDT is that the item’s intended use or serviceability is not affected. The selection of a specific technique should be based on knowledge and skills that include design, material processing, and material evaluation. Validating the purpose of this paper, we emphasize the importance of optimizing the asset utilization and serviceability to enhance overall efficiency by integrating EAM software that manages assets, the operation management system (OMS) controlling the processes, and asset inspection management systems (AIMSs).
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Somia Alfatih, M. S., M. Salman Leong, and Lim Meng Hee. "Definition of Engineering Asset Management: A Review." Applied Mechanics and Materials 773-774 (July 2015): 794–98. http://dx.doi.org/10.4028/www.scientific.net/amm.773-774.794.

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The terminology of "Asset Management" (AM) has been widely used in many organizations. It has been generally accepted and defined as a cost effective approach for asset operation, maintenance, upgrade, and disposal. It covers many scopes and topics spanning from financial, IT, human resources, and also physical engineered assets. Engineering asset management (EAM) is the management of engineering assets and it provides guidelines on the effective usage of all the physical engineered assets within the organization. It is deemed essential to understand the concept of effective EAM and practices in an organization. This paper provides a review on the definition and concepts of AM and EAM with the aim of providing good insights and understanding on this topics.
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Pardosi, Dolly Parlindungan, and Harlyn L. Siagian. "Debt to Assets Ratio and Management Asset on Financial Performance: an Evidence of Chemical Companies in Indonesia Stock Exchange." Ekonomis: Journal of Economics and Business 5, no. 2 (September 15, 2021): 417. http://dx.doi.org/10.33087/ekonomis.v5i2.387.

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This study aims to analyze the effect of Debt to Asset Ratio and Management Asset on Financial Performance in chemical companies listed on the Indonesia Stock Exchange. The population used in this study are chemical companies listed on the Indonesia Stock Exchange. The sample used in this study was 9 companies in 2015-2019, so that 36 research samples were obtained. In this study, Management Asset is measured using the Inventory Turnover proxy and Financial Performance using the Return on Assets proxy. Based on research, simultaneously, Debt to Asset Ratio and Management Asset have a significant effect on Financial Performance. While partially the Debt to Asset Ratio has an influence on the Return on Asset and Management Asset has no effect on the Return on Asset. Debt to Assets and Inventory Turnover ratios contributed 53.8% to Return on Asset.
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Cao, Dan, and Jérôme Teïletche. "Reconsidering asset allocation involving illiquid assets." Journal of Asset Management 8, no. 4 (October 15, 2007): 267–82. http://dx.doi.org/10.1057/palgrave.jam.2250077.

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Oktavia, Tanty. "Implementasi Sistem Asset Manajemen Sebagai Penunjang Operasional Laboratorium Komputer." Jurnal ULTIMA InfoSys 5, no. 2 (December 1, 2014): 99–105. http://dx.doi.org/10.31937/si.v5i2.271.

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Currently most organization have assets to support operational processes. Although a number of organizations tend to use outsourcing and leasing services to organize their assets, but some organization prefer to buy their own and manage their assets with a particular reason. Asset management is not a simple job. It’s very difficult to manage assets without information systems as support media. Integrating asset management into information system can help organization to record and update the status of assets, maintenance and repair of assets, calculate asset depreciation, and asset reallocation among divisions. ABC as part of the computer laboratory at a well known University in Jakarta is currently had many problems to manage their assets. The composition of their assets consists of hardware, software, and other supporting devices. Based on these problems, the research carried out in order to solve the problem. The research perform an analysis of the process in asset management as well as to formulate and implement a model of information system that can support the management of existing assets, so that all data can be integrated and managed with the system. The method for this research is based on analysis and design of object-oriented. The result of this research is an asset management system to support operational process that can be used to control all the assets that exist in the computer laboratory Keywords: asset management, information system, computer laboratory
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Suparman, Nanang, and Arumsekarsari Dasanova Sangadji. "PENGELOLAAN ASET DAERAH DALAM MEWUJUDKAN TERTIB ADMINISTRASI PADA DPPKAD KABUPATEN SERAM BAGIAN BARAT PROVINSI MALUKU." Jurnal Kelola : Jurnal Ilmu Sosial 1, no. 2 (December 12, 2018): 74–97. http://dx.doi.org/10.15575/jk.v1i2.3777.

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This study examines the areas of asset management at the Department of Revenue Financial Management and Regional Asset West Seram Regency. Based on data from the First Semester Examination Results Summary In 2012, accountability reports Budget West Seram Regency received a disclaimer opinion by the Supreme Audit Agency from 2006 to 2010. Based on the results, it can be concluded that the asset management DPPKAD West Seram Regency has not gone well, judging from the aspects of asset management is an inventory of assets that have not been going well, legal audit has not been performed optimally, the valuation of assets that have not been completed, asset optimization is not maximal, and weak supervision and control of assets.
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Gumelar, Marga. "THE IMPORTANCE OF DATA: DEVELOPING SMART ASSET MANAGEMENT FRAMEWORK IN IOT ERA." Airlangga Development Journal 1, no. 1 (March 4, 2020): 1. http://dx.doi.org/10.20473/adj.v1i1.10577.

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ABSTRACTMunicipal assets become hard problems that lasted a long time. In the fiscal year 2015, from total asset amount of Rp 2,048.88 trillion, the Audit Board of the Republic of Indonesia found some problems on the audit of the local government financial report that 1,010 issues were related to asset registration. There were also 48 problems related to unknown assets and potential losses of Rp 289,281.23 million. This paper aims to develop municipal asset management framework by focusing on asset inventory system through the application of information technology. A case study is presented based on the findings of the Audit Board of the Republic of Indonesia. The result is a practical asset inventory system framework to improve current asset inventory performance. The use of information technology can support the improvement of municipal asset management. But the tools are not enough without collaboration with employees. Since some regions in Indonesia inadequately have information technology infrastructure facilities, such as internet access and electricity network, this framework has obvious limitation.Keywords—asset inventory; sustainable asset management; municipal asset; data management; IoT
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Maharjan, Sweta. "Effect of working capital management and credit management policy on financial performance of commercial bank in Nepal." Lumbini Journal of Business and Economics 11, no. 1 (April 25, 2023): 266–84. http://dx.doi.org/10.3126/ljbe.v11i1.54333.

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This study analyzes the impact of working capital management and credit management policy on the financial performance of Nepalese commercial banks. The study uses data from 16 commercial banks, collected from their annual reports, over the period from 2014/15 to 2021/22. The dependent variables considered are return on asset and return on equity, while the independent variables are working capital, loan to deposit ratio, capital adequacy ratio, non-performing loan, cash asset ratio, operating cash flow to total asset, and rate of bank’s ability to return deposits. The study finds that working capital, cash asset ratio, operating cash flow to total assets, and rate of bank’s ability to return deposits have a positive impact on bank return on assets and return on equity. On the other hand, loan to deposit ratio, capital adequacy ratio, and non-performing loan have a negative impact on both return on assets and return on equity. The study provides insights for the management of commercial banks to enhance their financial performance.
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Tao, Zongwei, F. Gordon Zophy, and John Wiegmann. "Asset Management Model and Systems Integration Approach." Transportation Research Record: Journal of the Transportation Research Board 1719, no. 1 (January 2000): 191–99. http://dx.doi.org/10.3141/1719-25.

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Transportation asset management is an integrated set of best practices and systems that achieve optimal and cost-effective investment and use of transportation assets throughout their service life cycle. Most infrastructure management programs and systems contain certain elements of asset management functions. However, they lack a strong capacity to accomplish the overall asset management goal. Presented is an asset management model together with an approach for systems integration. The asset management model illustrates basic asset management goals, strategies, principles, and analysis methods. An example of an integrated maintenance program incorporates the features of the model. Supporting the asset management model is a systems integration approach that demonstrates how component asset management systems can be integrated at different stages of their development life cycles. The integration process is needed to ensure that system interoperability truly supports an effective asset management program. The approach can be defined in five phases: ( a) business integration, ( b) system requirements integration, ( c) logical design integration, ( d) physical design and development integration, and ( e) implementation integration. Each phase carries a particular integration objective and develops unique integration products. An operational scenario tool is introduced as an implementation strategy for asset management.
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Larno, Sularno, and Nori Sahrun. "PERANCANGAN DAN IMPLEMENTASI SISTEM INFORMASI MANAJEMEN ASET PADA PEMERINTAH KABUPATEN MERANGIN MENGGUNAKAN BAHASA PEMROGRAMAN PHP DAN MYSQL." Jurnal Teknologi Dan Sistem Informasi Bisnis 1, no. 1 (January 4, 2019): 1–6. http://dx.doi.org/10.47233/jteksis.v1i1.1.

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Asset managements is most needed by every businessm especially in recording asset at the local government agencies. Setting is done so that each asset procurement of equipment and goods in these institutions can be properly maintained. In the presence of an inegrated asset management system within the scope of government Merangin to perform data collection and monitoring of assets that can be used as guidelines for decision-making in procurement and rejuvenation of government asset.
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Vidakovic, Slobodan, Milan Ljubojevic, and Izet Banda. "Fixed asset management." Poslovna ekonomija 9, no. 1 (2015): 35–56. http://dx.doi.org/10.5937/poseko1501035v.

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Vidakovic, Slobodan, Milan Ljubojevic, and Izet Banda. "Current asset management." Poslovna ekonomija 10, no. 1 (2016): 87–99. http://dx.doi.org/10.5937/poseko1601087v.

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Shaked, Israel, Jarl G. Kallberg, and Kenneth L. Parkinson. "Current Asset Management." Journal of Finance 40, no. 2 (June 1985): 613. http://dx.doi.org/10.2307/2327911.

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Gilmore, William B., Peter Fairchild, and Stephen R. Kellogg. "MANAGING ASSET MANAGEMENT." Proceedings of the Water Environment Federation 2002, no. 11 (January 1, 2002): 831–40. http://dx.doi.org/10.2175/193864702784900336.

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