Sometimes some images need to be replaced or updated on a site. There is an option to replace an image on individual posts and pages; however, it creates another media asset instead of replacing the existing one. It can also be a long and tedious task to go through each page where the media asset is located to replace it, and an even longer process if the image is used across multiple pages.
The Enable Media Replace plugin is an excellent solution in replacing the media asset without creating a new item to store. It also allows replacing and updating links to the new item.