Did you know that asset tracking can be beneficial to multiple industries? It’s useless for more than simply tracking construction equipment.
Asset Tracking Across Industries
Farms need to operate as efficiently as possible to stay in business. They also have so many pieces of equipment and moving parts to keep track of during their day-to-day routines. From tractors, front-end loaders, balers, plows, and more, the need to keep track of these equipment is a must. GPS Asset Tracking makes managing all the equipment easier. Benefits include having full control over all equipment, knowing their location 24/7, and alerts if they have moved out of their designated area, or have been stolen. Asset tracking greatly reduces the time needed to manage, store and retrieve any stolen assets.
The construction industry uses many heavy equipment and machinery that are very expensive on a daily basis. Asset Tracking in the construction industry can be very beneficial for many reasons. It can help monitor engine run time, locate stolen equipment, lower operating costs, prevent equipment misuse, monitor fuel and schedule maintenance. Theft in the construction industry is a huge issue, with millions of dollars’ worth of equipment stolen, each year and only about 21% being recovered.
Asset Tracking can be used for municipal fleets, emergency vehicles, hospitals and ambulances, snow removal, and public safety and security vehicles. With Asset Tracking, operators will be able to quickly see which emergency vehicle is closest to an emergency and dispatch accordingly. Using real-time alerts and geofences, you can quickly become aware of any unauthorized use or deviations from standard procedures and locations.
With operational budgets, equipment maintenance and repair costs at the top of mind for managers, getting the most out of your assets is a top priority in the retail industry. In this industry, assets are dispersed amongst various locations. But with Asset Tracking, employees can identify and fix any issues that arise, with real-time location and information, and access to historical data. Asset tracking allows for an increase in productivity, analytics and real-time data provides insights that allow for better operational decisions, which in the end will help the business cut costs and save money.
Hospitals and healthcare organizations manage large volumes of high-value assets every day. Using Asset Tracking, healthcare managers can monitor assets and their conditions, manage maintenance schedules, track costs associated with assets, etc. Healthcare asset tracking provides valuable data, which can inform managers of when assets need to be replaced, or more needs to be invested in. Investing in Asset tracking allows for better asset management, cut costs, and ultimately improve the delivery of healthcare provided.
Colleges and Universities
Often times, college and universities are on a budget and cannot afford to lose track of supplies, vehicles, and assets. Between the facilities, landscaping, maintenance, and other key departments on campus there can be hundreds of moveable and fixed assets. Keeping college and university campuses well-maintained for current students, staff, and visitors is important to the success of the school. With asset tracking solutions, all of those assets can be monitored to ensure proper use, loss and theft recovery, and more.