Today is Saturday, 8th December 2012

Asset Tracking: Enhancing Inventory Management and Business Processes

For most businesses that carry or offer products, inventory keeping is an essential business process that must be accurate and consistent. Inventory Management is all about keeping track of your products, their status, quantity, and even their location. Any error in the inventory can mean over-production or on the other hand, create shortages and greater costs to a business. Since it is critical for your business to get this information correct and exact, there are many solutions available that help verify and keep track of your assets.

A good example of an IT based solution that benefits inventory management is Asset Tracking. As a location intelligence solution, Asset Tracking is extremely useful when you are keeping track of all your inventory and trying to locate all of your assets using different means like the barcode or tracking the location on delivery trucks when distributing products to different stores, using Global Positioning System (GPS) technology.

Asset Tracking also features many other benefits that complements not only inventory management, but also other business aspects including delivery route planning, real time, vehicle tracking, monitoring the storage condition of goods carried by the vehicle (e.g. cold chain compliance), reduce vehicle maintenance costs, and improve driver behavior and customer service.

Paperless Trail Inc. provides Asset Tracker – a vehicle tracking and monitoring solution that provides information concerning the efficiency and currents status of a vehicle or asset. Users can interact with the system via a web services application that allows fleet management staff to monitor vehicle status (engine on/off, idling, speed, fuel levels, location, door open/closed etc.)

Click here to inquire about Asset Tracker

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