OPTIMIZATION OF ASSET MANAGEMENT IN STATE UNIVERSITIES WITH PUBLIC SERVICE AGENCIES THROUGH DIGITAL TECHNOLOGY-BASED INFORMATION SYSTEMS

Abstract

This study aims to examine the influence of Asset Inventory on Asset Optimization through Supervision and Control at State Universities with Public Service Agencies (PTN-BLU) in Indonesia. Employing a quantitative research approach, both direct relationships and mediating effects among these variables were analyzed using SEM-PLS with SmartPLS software. Data were collected from 275 respondents across 55 PTN-BLU in Indonesia through a random survey. The findings reveal a significant relationship between Asset Inventory and Asset Optimization, mediated by Supervision and Control. This research provides new insights into asset inventory dynamics and their impact on asset optimization within PTN-BLU. The study also recommends that PTN-BLU adjust their supervision and control activities according to the level of asset inventory dynamics they encounter. Practically, the study highlights the need to strengthen asset inventory systems and supervision to enhance asset optimization, minimize misuse, and improve financial efficiency. Theoretically, this research enriches the literature on asset management in the public sector, particularly regarding the mediating role of supervision and control in asset optimization. These findings serve as a foundation for future research on supervision and control in asset management at state universities.