ELI5: Explain Like I'm 5

Mobile asset management

Mobile asset management is like playing hide and seek, but instead of hiding people, you hide things that a company uses to do their work. These things could be cars, trucks, machines, or any equipment that a company uses to get things done.

Now, the people who manage these things need to find them and keep track of them, just like in hide and seek. But, it can be tricky when companies have lots of different things in different locations. This is where mobile asset management comes in!

With mobile asset management, people can use their phones or computers to track where things are, who's using them and how they're being used. This way, companies can make sure that their things are not lost, damaged or stolen. They can also make sure that everything is being used properly and being looked after well.

Like in hide and seek, the person who's 'it' needs to tag everyone they find. In the same way, people who manage assets can 'tag' them in a mobile asset management system. This makes it easier for them to keep track of who is using what and when it's due to be returned.

So, in simple terms, mobile asset management makes it easier for companies to keep track of all the things they need to run their business, just like how it's easier to play hide and seek when you know where everyone is hiding.
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