Assets Tracking

Asset tracking and logistics solutions use geolocation sensors to monitor and manage the transportation, movement and security of assets and goods. Asset tracking covers multiple industries including retail trade, transportation of valuables by land and sea, livestock tracking, vehicle tracking and more.

It involves using various technologies, such as barcode scanning, RFID (Radio Frequency Identification), GPS (Global Positioning System), or IoT (Internet of Things) devices, to track and locate assets accurately.

The primary purpose of asset tracking is to gain real-time visibility.

Benefits of Assets Tracking

1. Inventory management: Asset tracking allows businesses to maintain accurate records of their assets, making it easier to know what they have, where it is, and when it’s due for maintenance or replacement.

2. Preventing loss and theft: Companies can prevent loss and theft by keeping an eye on their assets since they can easily see anything that has vanished or been transferred without permission.

3. Maintenance and efficiency: Equipment maintenance schedules are tracked with the use of Asset Tracking to make sure they are frequently maintained and in excellent operating order. This boosts productivity and cuts down on downtime.

4. Cost Control: Companies can optimize asset utilization and prevent wasteful acquisitions with enhanced asset insight, which will help them reduce cost.