April 16, 2025
In many business operations, you want to keep your equipment running as long as possible. What happens when maintenance costs go beyond the investment of a new or replacement machine? By understanding how depreciation affects asset management, you have better oversight over those costs. In this article, we'll look at the following in discussing depreciation:
⮚ What is Depreciation and Why It Matters for Asset Management?
⮚ Key Factors in Depreciation: What Affects Asset Value Over Time
⮚ Common Depreciation Types and When to Use Them
⮚ Depreciation and Asset Management: How It Impacts Preventative Maintenance
⮚ Using a CMMS for Streamlined Depreciation Tracking
⮚ Why Depreciation Tracking Is Crucial for Business and Asset Efficiency
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