Core Insights - The article highlights the hidden pain points in asset management within companies, emphasizing issues such as information chaos, asset loss, maintenance costs, and inter-departmental communication barriers [1][5][6][8] Group 1: Information Chaos - Many companies rely on Excel for asset tracking, often missing critical details like model, purchase date, and user, leading to confusion during maintenance and inventory checks [1] - Delays in updating asset records result in discrepancies during inventory, making it difficult for companies to accurately assess usable equipment [1][3] Group 2: Asset Loss - Common causes of asset loss include unrecorded asset usage and forgotten idle equipment, which can lead to significant cumulative losses over time [5] - Improper disposal of obsolete assets without documentation can result in both information loss and waste of potentially usable items [5] Group 3: Maintenance Costs - Companies often lack a maintenance strategy, leading to unexpected failures and high recovery costs, as well as unnecessary expenses from over-maintenance [6] - The absence of a proactive maintenance approach can turn asset upkeep into a financial drain for companies [6] Group 4: Inter-departmental Communication - Asset management is often hindered by poor communication between departments, resulting in delays in asset registration and maintenance notifications [6] - Lack of clarity in departmental responsibilities can lead to blame-shifting and inefficiencies in resolving asset-related issues [6][8] Group 5: Solutions - The article suggests that companies can improve asset management by establishing a structured information system, utilizing efficient inventory tools, and clarifying processes and responsibilities [8] - Effective asset management can enhance value creation and minimize unnecessary waste and losses for companies [8]