Capital Asset Management

Capital Asset Management refers to the process of strategically overseeing a company's physical and financial resources to maximize their value and ensure they contribute effectively to the business's goals. This includes managing assets such as buildings, machinery, technology, and investments, ensuring they are used efficiently and maintained well. Effective capital asset management helps organizations reduce costs, optimize performance, and improve decision-making, ultimately leading to better financial health and growth potential. It involves planning, tracking, and evaluating assets throughout their lifecycle to make informed decisions about purchases, maintenance, or disposal.