Asset Tracking Software

For transporters and manufacturers, their assets are their most prized possession. This is because it is the one bringing in profits and also conducting business. Their safety is the topmost requirement. For that, tracking and monitoring becomes inevitable and what better than asset tracking software to help?  Read this article to ensure the safety of your precious cargo! What is Asset Tracking? Asset tracking involves keeping track of the position or movement of anything important to a business that is considered an asset. It might be anything, including workers, cars, or consignments. However, if we are discussing the logistics sector, the shipment and the trucks transporting it will be the assets. Asset tracking can be done via electronic tags that broadcast their location (GPS, RFID, elocks) or by scanning the barcodes or other labels attached to the containers. The most recent asset monitoring system enables the business owner and management to keep track of the location, conditi

High-value truck consignments, vehicles, and equipment are prone to fraudulent theft or expropriation. Assets or equipment not reaching the intended recipient is a big nightmare. With the rising risks of theft of truck consignments, asset owners need virtual security tools like white label asset tracking software . What is an Asset Tracking Software? Asset management software is a tool that helps track the movement of a company’s assets of great value like consignments, vehicles, and goods in transit. The best asset tracking solutions provide real-time data on the location, status, and condition of assets, which helps companies optimise asset utilisation and avoid risks of theft and prevent downtime. By harnessing the power of geospatial analytics, telematics, GSM, and IoT, the asset tracking system collects real-time asset movement and operational data or any anomalies during the route. Asset management software also helps companies to improve inventory management, reduce costs, and i

Imagine having 200 vehicles in your fleets and only having trips worth 150 of them! 50 vehicles… wasting away with depreciation costs! Nobody would like to invest much more than required - it’s unrealistic and unideal! But how can you make sure that all your vehicles are working at the best of their capabilities? Through proper asset management systems ! So, if you want to bid adieu to wasteful assets in your fleet - because these unused ones are also more susceptible to theft - and want to make the best use of the ones you keep, continue reading! In this article, we’ll talk about the importance of asset management, and how you can use it to boost your business ROI! What is Asset Management in Fleet Business? Asset tracking in fleet management is monitoring and managing the location, status, and usage of assets within a fleet. These assets include, but are not limited to vehicles, equipment, consignment, containers, or even drivers - basically anything valuable to the business that can

For dynamic businesses, their success is primarily defined by how well they are able to manage and control their valuable assets. Real-time asset tracking software has emerged as a powerful solution offering real-time insights, streamlining operations and improving resource allocation. Let’s delve into know how embracing this technology empowers businesses to reduce costs, enhance productivity, and ensure optimal asset management for sustainable growth. But before that, let’s understand what asset tracking software is. What is an Asset Tracking Software? Asset tracking software is a comprehensive technology that has made it easy for businesses to monitor and manage their physical assets in real time. Business assets can be vehicles, machinery, equipment, IT devices, tools, etc.   The asset tracking software is guided by advanced GPS, video telematics , route planning features, and more. All this, together, uniquely helps identify and record each asset’s real-time movement and status.