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Rotating Asset / Rotating Item

ROTATING Intermediate Draft M02-011

An item that is stocked in a storeroom but also tracked individually as an asset with its own number and history, because it gets installed, removed, repaired and reused.

Where in Maximo

Item Master (Rotating checkbox); Assets app

At Riverbend Motor M-101 is a rotating item. When it fails it goes to repair, and a spare motor from CENTRAL is installed in its place, each keeping its own history.

Related Terms

Common Misconception

Rotating assets are counted in both the asset register and inventory balances, which surprises people the first time they reconcile numbers.