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Integrating Supply Management With Finance and Asset Management
Author(s) -
James Felicia,
Baehr James M.
Publication year - 2021
Publication title -
journal ‐ american water works association
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.466
H-Index - 74
eISSN - 1551-8833
pISSN - 0003-150X
DOI - 10.1002/awwa.1748
Subject(s) - business , financial management , asset management , finance , it asset management , schedule , key (lock) , asset (computer security) , process management , computer science , economics , computer security , management
Key Takeaways Effective utility management focuses on implementing infrastructure management strategies, addressing financial viability, and optimizing operations. Allocating resources to renew critical infrastructure shifts them from optional budget items to mandatory expenditures. The well‐established management trio focused on budget–schedule–quality is evolving into a new paradigm of asset management–financial management–supply management.