20 Certification Study Guide Series: IBM Maximo Asset Management V7.1 To create a location, click New Location. The main fields will be ready to be populated. The status for new locations can be: Not Ready, Operating, Decommissioned, Maintenance, or Out of Service. By default, the initial status is Not Ready. An asset can be moved between sites and organizations regardless of being a rotating item. The difference exists only when moving or swapping the assets. 2.2.1 Move/ Modify Assets See the icon of Move/ Modify Assets in Figure 2- 9. Figure 2- 9 Move/ Modify Assets You cannot move an asset if the asset has work orders associated with it. Use the Move/ Modify function to move an asset from a non- inventory location to another non- inventory location or a storeroom. You can move assets within your current site, to another site within your organization, or to a site in a different organization of the company. The Move/ Modify Assets function allows you to move or modify assets individually or using the Massive Move. When you move multiple assets, you have to specify the same information for the assets. For example, you might specify the same location for the assets that you are moving. Use Move/ Modify Assets to perform the following tasks: Move assets grouped or not for a location, site, or bin. Work, create, and update users and custodians. Modify a single or multiple assets attributes.