Category: Process improvements

Asset Managers and Demilitarization

Demilitarization codes are used throughout an asset’s life cycle to identify control requirements necessary before the release of the item outside of Department of Defense (DoD) control. Demilitarization (DEMIL) refers to the act of eliminating functional capabilities. And inherent military design features that can range from the removal and destruction of critical features to the… Continue reading Asset Managers and Demilitarization

Should You Join an Industry Trade Association?

At the risk of getting straight to the point, the answer is YES. Are you familiar with your trade / industry association? Are you a part of one ? If you haven’t, here’s a few reasons why you should consider being a part of your industry association. As the recent pandemic has shown, external forces… Continue reading Should You Join an Industry Trade Association?

Promoting Asset Management Awareness Month (AMAM)

National Property Management Association (NPMA) founded Asset Management Awareness Month in 2015 to better inform organizations of resources and tools available to them to maximize their assets.  The Registrar at National Day Calendar declared Asset Management Awareness Month in 2016. Asset management is vital to any organization looking to grow its portfolio. No matter the… Continue reading Promoting Asset Management Awareness Month (AMAM)

Root Causes and Corrective Actions

Root cause analyses are great tools for asset management professionals. Root causes help identify systemic issues and areas of improvement by categorizing the causes of a noted deficiency. Root cause analysis are often used when evaluating: Discrepancies noted during internal audits and self-assessments  Asset management losses Inventory discrepancies Failure to reach performance metrics But not all… Continue reading Root Causes and Corrective Actions