What Is Asset Inventory?
Asset inventory is a process of identifying, documenting, and tracking all the physical and digital assets of a business or an organization. It includes a comprehensive list of all the assets such as hardware, software, applications, network devices, personnel devices, and other resources that are essential for the smooth operation of the organization. The primary objective of asset inventory is to provide an accurate count of all the assets that the organization owns and their respective locations, so that they can be managed efficiently, secured properly, and utilized effectively.