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S – create a centralized inventory
W- Dependency on Accurate Data- The program relies heavily on accurate and up-to-date information.
O -Innovation- Staying ahead with new technologies and practices can make the program a leader in ITAM
T- Cybersecurity Risks- Increased visibility can also mean more targets for cyber attacksAn asset manager sent an email telling two team members to “assign the same new laptop.” One team member assigned the laptop, while the other thought it was not assigned and searched for an asset for a long time. After realizing the confusion, they had a quick meeting to clarify the task. From then on, they started to specify tasks more clearly to avoid similar misunderstandings.
The Acquisition Manager oversees the procurement process within an organization. They evaluate suppliers, negotiate contracts, and ensure compliance with company policies. This role involves selecting vendors, managing budgets, and approving purchases to maintain a steady flow of quality goods and services while ensuring cost-efficiency.
Use communication and education KPA. make sure they understand the importance of different roles in Asset management
