Physical Assets Analysis

Evaluating Tangible Assets

Physical Assets Analysis is the process of evaluating and managing an organisation’s tangible assets to ensure they are being used efficiently and contributing to the organisation’s overall performance and goals. Tangible assets include physical resources such as buildings, machinery, vehicles, equipment, and inventory.

Tracking and Categorizing Asset Details

Tracking asset details, including acquisition costs, depreciation, current value, and utilisation, to assess their impact on revenue and operational efficiency. Physical Assets Analysis involves analyzing physical transaction details, such as purchases, maintenance, and disposals, as well as categorising assets into current and fixed assets.

Optimizing Asset Usage for Strategic Decisions

Determine the cost of assets, monitor their performance over time, and optimize their use for better resource allocation. Ultimately, this analysis supports strategic decision-making by providing insights into physical assets’ financial and operational contributions.