DESIGN AND IMPLEMENTATION OF ASSETS MANAGEMENT SYSTEM

ABSTRACT: Asset management is crucial in order for it to realize its goals and objectives. There are challenges facing many company such as uncoordinated asset declaration processes that lead to duplication of records and data redundancy, delays in serving the company, too much paper work that consumes a lot of space, poor decision making on restocking assets declared, and inability to track assets already declared. The goal of this study is to address the above problems by designing and implementing a prototype Asset management system capable of asset registration, track asset declared, and asset stock control.

There is a need to computerize the asset declaration processes for companies in order to minimize corruption to the lowest level, realize that companies meet with their goals, control and monitor assets, keep track of assets holders and their assets. 

The research achieved almost all the objectives set and the prototype designed could further be developed into a full working system that could be used by the company or any other business in their asset management. The strengths, weaknesses, opportunities and threats identified in this study could also be used to build on the company’s competence, boost its presence in the market, attract more customers, and thus realize the company goals and objectives.