What is the process of HAM.

Question

Accepted Answer

HAM stands for Hard Asset Management. It is a process of managing physical assets of an organization.

HAM involves tracking and maintaining physical assets such as machinery, equipment, and vehicles.
It includes regular maintenance, repairs, and replacement of assets as needed.
HAM also involves keeping accurate records of asset information, such as purchase date, warranty information, and maintenance history.
The goal of HAM is to ensure that physical assets are functioning properly and efficiently, and to minimize downtime and repair costs.
HAM can be implemented through various software tools and systems, such as computerized maintenance management systems (CMMS) and enterprise asset management (EAM) systems.