Chapter 6: Application and Best Practices

Title: Through-life Management of Asset Information

Author(s): M. Z. Ouertani, A. Parlikad, D. McFarlane

Address: University of Cambridge 16 Mill Lane, Cambridge CB2 1RX, UK | University of Cambridge 16 Mill Lane, Cambridge CB2 1RX, UK | University of Cambridge 16 Mill Lane, Cambridge CB2 1RX, UK

Reference: International Conference on Product Lifecycle Management 2008 pp. 438 - 448

Abstract/Summary: The question of asset management (AM) has never been more important in today's world of globalization. The management of assets such as facilities and equipment can be a challenging task and optimizing their usage is critical. The emergence of automated data capture technologies such as RFID and sensors could greatly improve asset lifecycle management. In this paper, we identified a set of requirements for asset management, i.e. asset location monitoring and asset condition monitoring. We also examined the benefit of different ID technologies-based approaches for asset management regarding these requirements. For this purpose, data capture technologies and data management methods were contemplated.

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