Real-Time Asset Tracking: the Essence

Tracking assets in real-time is a new way for companies to locate their physical assets. It also helps businesses monitor the condition of those assets, as well as optimize asset allocation. Tracking these assets is a crucial process that can integrate with ERP software, as well as enterprise asset management. All of these processes help companies achieve maximum utilization and increased ROI.

Real-Time Asset Tracking System Architecture

Physical layer - assets with barcodes or tags (RFID tags, GPS chips, Bluetooth Low Energy (BLE) tags, Ultra-Wideband (UWB) tags, etc.) and readers (barcode scanners, RFID readers, smartphones, etc.) to track them.

Benefits of a Real-Time Tracking System for Assets

Optimize your supply chain by utilizing real-time monitoring. Through accurate tracking, avoid asset shortages and stock outs. By analyzing utilization patterns, you can maintain maximum efficiency in storage and transportation. With geofencing, you can also minimize the risk of asset theft and misuse.

What is real time asset monitoring?
How do you keep track of assets?
How do you track asset movement?
What is asset tracking software?
What is IoT asset tracking?
What are solutions in asset management?