... but under the wrong thread, unfortunately!

OK ... that's the way you do it there (I'm guessing), but it's by no means the
only way. Or put another way, what may work for your people there might not "cut the mustard" elsewhere.
Again, I cite the example of the bearing (one of many) in the Plant Room. I have seen places where each bearing is tagged. And even where some of the more critical ones are
monitored (using telemetry) for temperature and vibration.
On the other hand, no doubt we have all been in places where they don't even have a list of the kit they have ... and (worse yet) no handyman around to fix stuff anyway!
