ToolSense Glossary

Here is your go-to-resource for all terms relevant to asset operations. Acronyms, concepts, calculations—we got you covered.

Tax Glossar

Artificial Intelligence

Asset Lifecycle Management

Bluetooth Tracker

Corrective Maintenance

Facility Management

Fire Extinguisher Inspection

First Aid Kit Requirements

Forklift Checks

Inventory Management

Ladder Inspection

LOLER Inspection

Mean Time to Failure (MTTF)

Mean Time to Repair (MTTR)

Periodic Maintenance

Portable Appliance Testing

Predictive Maintenance

Preventive Maintenance

PUWER Regulations

Resource Management

ROI Calculation

Safety Harness Inspection

Sales Revenue

Scaffold Inspection

Service Scheduling Software

Site Manager

Supply Chain Management


Test and Tag

Total Cost of Ownership

Vehicle MOT Check

Wireless Sensor Network