Asset & Strategic Cost Management

asset and strategic cost managementAsset and strategic cost management is a broadly defined term that refers to systems which monitor and maintain resources of value to a business. It may apply to both tangible assets such as buildings and to intangible concepts such as intellectual property and goodwill. Asset management is the systematic process of operating, maintaining, upgrading, and disposing of assets cost-effectively. In this series of videos, we’ll take a look at how the practice of managing assets to achieve the greatest return on investment also achieves the objective of providing the best possible service. You’ll learn about supply chain concepts, elements of cost analysis, managing inventory, control points and accounts receivable/payables management.

 

Field of Study

Finance

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