BIFT Consulting

 Most of the manufacturing companies have lately explored that fixed asset management should be the main part of the success of a business. It is now understood that fixed asset management leads to economy of operation and production. This in turn can enhance the profits by 10 to 15 percent, which can’t be neglected as it makes a substantial contribution to the bottom line of success.   It is undeniable that production management and inventory management deserves the main emphasis of the management for efficient functioning in the manufacturing enterprise.  If asset management is neglected, then fixed assets were not being efficiently and effectively handled. But lately, it has been realized that effective management of the fixed assets such as machinery and plant and other movable and immovable fixed assets may lead to economies of scale. For this you require quality asset management consulting services .   Generally in fixed asset management, the assets are responsible for production