The 6 Unexpected Industries Taking Advantage of Asset Management Software

When you think of asset management software, you probably think about industries like commercial foodservice, construction, or even mining – sectors that heavily depend on expensive, heavy machinery and equipment to be working at all times. But recently, there’s been a shift. More and more, we’re seeing multi-site organisations from all kinds of industries discover the value of smarter asset management. From better inventory management to keeping track of preventative maintenance and compliance, asset management software is becoming the secret weapon in sectors that you might not expect.

1. Supermarkets

Supermarkets have complex, high-cost refrigeration systems made up of many interconnected parts, and maintaining them is no small task. It’s not just the few fridges you see – behind the scenes they manage massive central refrigeration units that are crucial to the business. But while refrigeration may be a supermarket’s biggest concern, there are also cash registers, meat scales, combi ovens, fish displays, compactors, baking ovens, utilities, toilets, deep fryers, bain maries, juicers, and much more. With so many assets to keep track of, supermarkets are turning to asset management software to have more control over costs, track maintenance, and minimise downtime.

2. Universities and Schools

On first glance, educational institutions might not appear asset-heavy. In reality, it’s the opposite. Campuses are full of expensive lab equipment, IT hardware, classroom technology like smart boards, and countless utilities to consider. On their quest to simplify managing it all, schools and universities are turning to asset management software. From quick and easy maintenance requests, to keeping track of costly lab machines, this software is helping to create a better learning and working environment for students and teachers.

3. Coffee Suppliers, Roasters, and Solution Providers

The coffee industry might be a surprising one, but asset management software is changing the game here too. On top of just the roasting equipment, coffee suppliers will often manage an entire fleet of commercial coffee machines, usually installed in cafés or restaurants. For them, asset management software gives them the ability to schedule servicing proactively, remotely monitor performance, and keep track of any warranties. It means fewer machine breakdowns, less downtime, and happy, caffeinated customers.

4. Gyms and Fitness Centres

Take a walk through any gym and you’ll see dozens of high-value assets – from ellipticals and weight machines to treadmills and exercise bikes. Breakdowns of equipment like this isn’t just an inconvenience for customers, it can also be a safety risk. By incorporating asset management software into their processes, gym owners can stay on top of regular servicing, cut down on emergency repair costs, and ultimately extend the lifespan of their expensive equipment.

5. Department Stores

Large, multi-site retailers like David Jones have far more to consider than just the floor stock. From lifts and escalators to air-conditioning units and lighting, there is a web of assets to monitor. Not to mention the huge digital screens used for branded advertising. By adopting asset management software, department stores get complete oversight of all facilities and assets, giving them greater control and helping management to make smarter, data-driven decisions.

6. Aged Care Facilities

Safety is the number one priority when it comes to aged care. These facilities need to manage and keep clear records of everything, from critical medical equipment and mobility and lifting devices to kitchens, laundry, utilities, and general building maintenance. Asset management software helps multi-site aged care facilities to keep compliant with health and safety regulations, keep all critical equipment running smoother for longer, and to ultimately create a safer environment for residents.

To wrap up

Asset management software is no longer confined to a single industry – it’s proving its value in environments across every sector, where compliance, uptime, and efficiency are essential. Whether it’s ensuring a treadmill is safe to use, helping a coffee solution provider track a machine, or extending the lifespan of costly lab equipment, more industries are discovering that asset management software is the right tool to help them get organised and get ahead.