Asset and equipment location inventory

Asset and equipment location inventory refers to the systematic identification, mapping, and documentation of the physical positions and attributes of machinery, technical devices, and infrastructure within an industrial or production environment. This includes information such as equipment type, location hierarchy, technical specifications, operational status, and maintenance history.

An accurate location inventory is a key element of modern asset management and facility maintenance. It supports:

• Optimised space and layout planning – by understanding where each device is located and how it interacts with surrounding infrastructure.
• Efficient troubleshooting and repairs – through up-to-date location data and maintenance logs.
• Improved safety and compliance – by ensuring that critical equipment is easily traceable and regularly inspected.

This data is typically managed in Computerised Maintenance Management Systems (CMMS) or integrated into digital twin platforms, enabling real-time updates and predictive maintenance. The inventory often uses standardised location codes and naming conventions to ensure clarity and consistency across departments and sites.

By visualising equipment positions in 3D or within facility models, organisations can significantly streamline operational planning, asset tracking, and lifecycle management.

See also: Maintenance, IoT data, Digital twin