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In this presentation, Arch Bitella, a functional consultant with Western Computer, introduces the asset management module in Dynamics 365. He emphasizes the importance of defining locations, which are a requirement for using this module. Arch demonstrates how to create a new location by setting up "Cal" for the Calgary campus, noting that it doesn’t have a parent location since it's the highest level. He explains that every location must belong to a type, such as area, line, or plant, and mentions that this is a testing environment with additional types available. The session focuses on the necessary setup for asset management within Dynamics 365.