Asset tracking is a way to keep tabs on a company’s physical stuff. This can be done by scanning barcode labels stuck on things or using GPS or RFID tags to show where they are. Asset tracking gives real-time and accurate info about what a company owns, how they use (or don’t) their stuff, and how it affects their money. It’s like having a system to oversee and manage a company’s physical things, like tools, equipment, and supplies. This system uses technology to keep an eye on stuff from when a company gets it to when they don’t need it anymore. Using Asset Tracking Device helps businesses see and control their property better, making them work more efficiently, get more done, and save money. An asset tracking device makes keeping an eye on your stuff much easier. It tells you exactly where your things are at any time. Because it helps with things like getting more work done, simplifying tasks, and giving you real-time info, more and more managers are using these systems.
Here are three good things about Asset Tracking Device:
Managing Inventory Better: Asset tracking helps businesses keep a close watch on how much stuff they have, where it is, and where it’s going. This allows them not to have too much or too little of something, saving them a lot of money.
Using Things Wisely: Asset tracking shows how stuff is used and if it’s available. This means businesses can use their property better. It also means less time when things are not working and more time when they are.
Keeping Things Safe: Asset tracking also helps keep things safe. It tells you where your stuff is and if it’s okay. This allows businesses to stop things from being stolen, lost, or broken.
But, picking the right asset tracking device can be tricky. That’s why we’re here to help. This blog explains an asset tracker, how it works, what problems it can solve, and, most importantly, how to choose the right one for your business.
The best asset tracking device doesn’t just tell you what you have and where it is. It also gives you useful information about how well you use your things. Some of the good features of a great asset tracker include:
- Checking the condition of vehicles
- Making sure vehicles get fixed before they break
- Figuring out how much your cars are worth over time
- Following rules and laws about your vehicles
How Do Asset Tracking Device Work?
An asset tracker connects to three things:
The Engine’s Computer: Asset trackers connect to a special part inside a vehicle or equipment called the engine’s computer. This computer is like the brain of the car. It tells the tracker important things like how fast the vehicle is going, where it’s heading, and even if it needs maintenance. The tracker listens to all this information and sends it to the next stop.
GPS Satellites: You might have heard of GPS on your phone for finding directions. Well, asset trackers use GPS, too, but for a different purpose. They talk to satellites in space to figure out exactly where they are. It’s like magic! This helps businesses know the exact location of their vehicles or equipment, whether parked at the office or on a highway.
The Internet: Once the asset tracker knows what’s happening with the vehicle or equipment, it sends all that information to the Internet. That’s where the real power comes in. Businesses can check this information on their computers or phones from anywhere. They can see where their vehicles are, their use, and if everything is running smoothly. It’s like having a helpful friend who keeps you informed about your belongings, no matter where you are.
So, Asset Tracking Device connect to the vehicle’s computer, talk to satellites, and share all that important information on the Internet for businesses to see and use.
What Problems Can an Asset Tracking Device Solve?
An asset tracking system is like having a helpful friend in fleet management. It’s not just about knowing where your vehicles are; it can tackle many other challenges, too.
Not Using Stuff Enough: Sometimes, some vehicles or equipment are used a lot, while others sit around doing nothing. Asset tracking helps spot this and makes sure everything gets used properly. It’s like ensuring everyone shares the toys in the playground so no toy feels left out.
Stopping Thieves: Losing stuff to thieves is a big problem, especially trucking. Asset tracking can help prevent theft. It’s like having a secret spy that tells you if someone’s trying to take your things. This way, you can find your stuff quickly if it goes missing.
Hiding Equipment: Sometimes, people hide equipment and forget about it. This could be a good use of money. Asset tracking shows you where all your stuff is hiding so you can use it when needed. It’s like having a treasure map to find all your hidden treasures.
An asset tracking device is more than just locating items; it ensures efficient usage, prevents theft, and reveals valuable assets within your business. It’s akin to having a problem-solving ally by your side!
Asset Tracker Buying Checklist
Before you go out to buy an asset tracking device, here are seven important things to think about:
How Often it Updates: Find out how often the device tells you where your stuff is. Make sure it matches how you run your business. If you need to know where things are, but the device only updates once an hour, you might need something else.
Works with Your Vehicles: Make sure the tracker you pick can connect with all your vehicles.
Does More Than Just Location: Some trackers can do more than show where things are. They can help with things like telling you when a vehicle needs maintenance or if there’s an emergency. Look for one with these extra features.
Stays Connected: Vehicles can go to places where the Internet could be stronger. Check if the tracker can still send you info even in areas with weak Internet.
Battery Life: The tracker is only good if powered up. Check how long its battery lasts.
Geofencing: This cool feature lets you set a virtual boundary. You get a message if your stuff goes in or out of this area. Make sure your tracker can do this if it’s something you need.
Power Source: Find out how the tracker gets its power. If it’s from a battery, ensure it lasts a long time. If it plugs into your vehicle, ensure it won’t drain your vehicle’s battery.
These will help you choose the right asset tracking device for your business.
SnapTrax Asset Tracking Device provide businesses with the power of real-time control over their physical assets. Utilizing technology like GPS and RFID offers efficiency, savings, and insights that enable companies to make informed decisions, reduce costs, and ensure the optimal use of their resources.