ASSET is a National Reinvention Laboratory initiated in 1994 by Oklahoma State University to address Department of Defense (DOD) procurement problems. ASSET is a government-academic-business partnership. Current principal partners include the Defense Logistics Agency, Oklahoma City Air Logistics Center, Oklahoma State University, Knowledge Base Engineering, Mercer Engineering Research Center and Sverdrup Technologies Inc. ASSET technology development, insertion activities and virtual manufacturering capabilities have resulted in grouped parts databases, parts-demand forecasting models, parts-on-demand manufacturing, new materials technologies for ceramic bearings, new processes for reducing corrosion of aging systems, and new training materials. The technologies and processes developed in the ASSET program increase the DOD supply base, reduce the time and cost associated with parts procurement, and enhance military readiness.
The Aging Systems Sustainment and Enabling Technologies (ASSET) program (prior to 2002, this program was known as CATT - Computer Assisted Technology Transfer) was initiated in 1994 to address procurement problems faced by the Department of Defense as it moves into an era marked by longer-lived weapon systems, the downsizing of traditional sources of supply, electronic data interchange, and electronic commerce. The ASSET Program has gone through seven program phases, marked by progressively more ambitious agendas and different coalitions of partners. The ASSET Program is an established government-academic-business partnership between the Defense Logistics Agency (DLA), Oklahoma State University Education, Research and Economic Development Foundation (OSU-EREDF), Inc, Mercer Engineering Research Center (MERC), and Knowledge Base Engineering (KBE).
