Assets - Bold Factory

An asset is equipment or a physical space on which you can record maintenance. The asset gives context to history: what failed, what was done, how much it cost and when another intervention is advisable.

What it represents

Type in Bold	Examples
Equipment	Machine, tool, technical installation or auxiliary equipment.
Physical space	Shop floor, area, line, zone or room.

A machine is not a separate type: record it as Equipment. An installation or area does not create another type either: use Equipment if you maintain a technical element and Physical space if you want to represent a place.

Hierarchy

You can model assets in a hierarchy if you need to separate main equipment from its components.

Level	Example
Physical space	Assembly line 1
Equipment	Automatic screwdriver
Child equipment	Tightening head

Do not create levels your team will not use. A hierarchy that is too deep makes recording work orders harder.

Relationship with work orders

You record a work order on an asset. This lets you view history, times, materials, causes, actions and costs by asset.