Asset Groups

Asset groups represent groups of assets that are virtually identical. Examples include Acme Model 123 Pump and Ford F150 2002 Truck. Note: If you have assets in your organization that are virtually identical (for example, the same manufacturer and model), consider creating an asset group for those assets. 

To set up asset groups: 1. Navigate to the Asset Groups page




2. Enter the name of the asset group.

3. Enter a Description for this asset group, up to 240 characters.

4. Select the @Asset Group Template to quickly apply attribute values, and to ensure that the appropriate attributes are applied.

Note: You can create asset groups using the template described above, or you can copy an asset group from an existing asset group (See: Defining Items, Oracle Inventory User's Guide)

The following table presents the required attribute values that are applied automatically to the asset group when using the template:

Attribute                            Value 

User Item Type                    Asset Group
Item Status                         Active
Inventory Item                    Enabled
Transactable                        Disabled
Serial Number Generation     Predefined
Effectivity Control                 Model/Unit Number
EAM Item Type                     Asset Group


5. In the Serial Generation region, select Predefined for the Generation value.

6. Define a Starting Prefix and Starting Number for this asset group. If Serial Generation is set at Item Level for the Organization, the system populates the prefix, along with the starting number sequence, when a new asset number is created for this asset group.

7. Save your work.