Assets & Tooling

Assets & Tooling management involves the collaborative administration of budgets and lifecycles in conjunction with suppliers. This comprehensive approach includes capturing essential asset details such as asset number, images, labels, and other metadata. The process extends to meticulous tracking of depreciation, maintenance activities, and asset usage, ensuring a holistic understanding of asset performance.

Efficient Assets & Tooling management also involves the strategic linking of suppliers or contractors who are physically in possession of the assets. This collaborative approach fosters transparency and accountability in the overall management process.

Learn more about Ivalua's Supplier Management Software Solutions.