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Title: The Latest Trends In Technology Asset Management: Total Life-Cycle Integration Across The Enterprise
Author: Christopher J. Campbell
Source: 2005 Measurement Science Conference
Year Published: 2005
Abstract: This paper outlines the latest industry trends and resultant benefits associated with extending beyond conventional lab-centric information management tools and business processes, and achieving true asset life-cycle integration across the planning, procurement, tracking, service management, redeployment, and disposal phases. In a competitive technology enterprise, a unified asset management system and business process provides everyone from the production foreman to the CEO with crucial decision-making information and total asset visibility across multiple facilities. Key points covered in this paper include: o Having the right assets in the right place at the right time to support lean manufacturing and minimize production and test operations downtime. o Standardizing life-cycle management processes, service procedures and asset data attributes across multiple facilities or labs. o Optimizing asset utilization to reduce capital expenditures and cost-of-ownership, thereby increasing earnings. o Leveraging email, web browsers, handheld computing devices, and other modern communication technologies to provide access to timely and accurate information from anywhere in the world. o Choosing an appropriate strategy to implement this model and overcoming the challenges entailed.

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