Whether it’s energy management, waste management, or water management, sustainable resource management is crucial to protecting – and enhancing – life, including future lives. Pivotal to sustainable resource management is asset evaluation, including condition and health evaluations.
Here are the key reasons for the importance of asset evaluation in resource management:
Informed Decision-Making Through Up-to-Date Information
The status of a natural resource lays the foundation for asset evaluation and resource management. With up-to-date information about the condition and health of natural resources or assets, organizations can make accurate decisions about resource allocation and conservation strategies, among other tasks.
For example, organizations like the National Institute of Environmental Health Sciences (NIEHS) might conduct energy usage audits. During the asset evaluation, they noticed that one neighborhood could benefit from more effective resource management for efficient heating and cooling systems.
Early Detection to Prevent Future Damage
Regularly scheduled asset evaluation can help monitor the health of resources and detect early signs of issues, such as degradation or disease. This allows for interventions, preventing further damage and maintaining resource quality.
For example, farmers may monitor the soil for changes they need to make for upcoming seasonal productions. Depending on their asset evaluation, they can adjust and prepare for potential pests and crop yield.
Sustainability Standards Through Asset Evaluation
Asset evaluations, such as health evaluations, enable managers and organizations to ensure that resources are managed sustainably. By comparing resources’ condition and growth rates, they can set sustainability standards that do not exceed the resources’ regenerative capacity.
Regulatory Compliance Thanks to Asset Evaluation
Resource management practices must comply with environmental regulations and standards. Regular asset evaluation is essential for avoiding legal penalties and maintaining public trust.
For example, under the Environmental Protection Agency (EPA), local governments can use varying regulations to ban plastic products or monitor plastic production, consumption, and disposal. Some local areas ban plastic bags, straws, and cutlery.
Economical Use of Resources
Healthy ecosystems intertwine with healthy economic activities. They have a symbiotic relationship in which both can thrive depending on the strength of the other. Sustainable resource management, thanks to asset evaluation, can lead to more efficient and economical resource use.
Community and Stakeholder Engagement
Transparency in asset evaluation builds trust with policymakers, the local community, and the public.
For example, an asset evaluation on water quality in one neighborhood can be followed by community-based water monitoring in which various local communities take water samples, share data, and contribute to the overall picture of a watershed’s health.
Gomocha’s Field Service Management (FSM) Technology Can Solve Common Asset Evaluation Problems
Asset management entails overseeing various data. Companies must effectively manage these assets to achieve successful resource management. Gomocha’s powerful FSM technology offers features that tackle common asset evaluation problems, such as:
Lack of Accurate Data and Information
Outdated, incomplete, or inaccurate information in an asset evaluation can hinder progress and lead to poor decision-making. Gomocha FSM is streamlined, providing real-time data collection and integration. Field technicians can use their mobile devices to capture accurate data during inspections.
Inadequate Maintenance
Gomocha FSM helps organizations avoid unexpected failures by supporting predictive and consistent maintenance. The platform can recommend proactive maintenance actions by leveraging data analytics and machine learning.
High Costs
Gomocha FSM technology enables companies to minimize costs, optimize resource allocation, and reduce operational costs through efficient scheduling and field technician routing.
For example, Gomocha FSM’s impressive cost-effective stats include a +19% first-time fix rate, ensuring technicians always get the job done right the first time.
Gomocha FSM features a +11% on-time job site arrival, increasing customer satisfaction with faster service times.
Gomocha FSM also includes +77% faster invoicing. Companies can accelerate business growth with shorter service-to-cash cycles and increased cross-selling.
Lack of Skills
Gomocha FSM includes features for technician training. From the comfort of their mobile devices, technicians can access everything from manuals to video tutorials to remote expert assistance 24/7.
Regulatory Compliance
Ensuring compliance is challenging as regulations are constantly changing. Disorganized and inefficient processes increase your chances of compliance issues.
Gomocha FSM technology can automate compliance reporting and documentation, ensuring you meet all regulatory requirements. Gomocha FSM features a -21% organizational and individual risk. Easily handle unique, industry-specific regulations to maintain safety and compliance.
Get a first-hand view of what Gomocha FSM can do for your organization.