Why is asset tracking important?
It is evident that assets are the backbone of every company, since they generate income that is used to compensate employee and to ensure continuity of business. So, it is a fundamental task for entrepreneurs to manage and maintain their assets in perfect condition and to comply with industry standards.
When an equipment goes missing in-transit or in the workplace, companies spend a lot of time searching for it, which often results in catastrophic delays, missed schedules, wasted workforce, and unsatisfied customers.
Currently, you can count on smart asset management combined with GPS trackers and IoT sensors, which allow you to easily and efficiently track assets around the world, no matter where they are!
Luckily, asset tracking system is here to do the task. These systems consist of high-tech software that monitors your physical assets allowing you to know their location in real time, their current condition and their use. It helps companies not only protect their assets, but also reduces administrative costs.
However, it is essential to consider the following factors to ensure success in asset tracking:
1.- Identify your Assets
It is crucial for a company to determine the kind of assets they own and want to track. The common assets that small and big businesses track include, among others, IT equipment, office apparatus and furniture, construction tools, vehicles and trailers.
2.-Label your assets
To facilitate the control, monitoring and supervision of assets, you can make use of conventional labels such as barcodes or QR codes along with the use of IoT sensors and GPS trackers which already have a unique serial number. This way, companies can track in real time specific information about their assets, without any human intervention. These IoT devices have the ability to send information to the monitoring platform via mobile or Wi-Fi networks and can be attached or installed on the assets that you wish to track.
A good asset tracking system must adapt and meet the present and future needs of the company in terms of monitoring and accuracy. Using the best technology to monitor your company’s assets offers more benefits than expected and allows owners to manage and maintain their facilities, equipment and vehicles more efficiently.
Don’t stay behind! Keep a closer eye on your valuable assets with Truway. Our GPS tracking devices, IoT sensors and our monitoring platform help you avoid unwanted circumstances, including damaged assets, loss and theft. We offer solutions that adapt to the needs of your company. Contact us Here! or call us at +1 (786) 808-7892 for more information.