Easily track and manage your assets anytime, anywhere
In our fast-moving world, businesses and organizations are constantly on the go, juggling a variety of physical assets like Returnable Transport Items (RTIs), Unit Load Devices (ULDs), tools, equipment, vehicles, and valuable products. Staying on top of these assets is key to keeping everything running smoothly and avoiding any hiccups. That’s where asset tracking comes in.
Think of asset tracking as your ultimate asset buddy - it’s not just about knowing what you have, but also where it is, how it’s holding up, and how it’s being used. With the right tech in place, asset tracking helps you cut down on losses, use your resources smartly, and boost your overall efficiency and management.
The two main areas of asset tracking
Asset tracking revolves around two fundamental concepts, identification and localization. These principles are crucial for effectively managing and monitoring your assets. Both are key to keeping a handle on your assets.
Asset identification:
Tagging and tracking made engaging
Imagine having a personal assistant for each of your assets - this is what asset identification provides. By tagging each item with a unique identifier like a barcode, RFID tag, QR code, or serial number, you create a digital fingerprint for your assets. This tag isn't just a label, it's a gateway to a wealth of information.
It links to everything you need to know - its type, manufacturer, model, purchase date, and even its maintenance history. With this system in place, managing your assets becomes effortless. Simply scan the tag to access a detailed profile instantly. This streamlined approach not only ensures you never mix up items but also helps you manage maintenance proactively, extending the life of your assets and keeping everything in great shape.
Asset localization:
Real-time tracking for ultimate efficiency
Asset localization takes tracking to the next level. Think of it as a live map for your assets. Technologies like RFID, Bluetooth Low Energy (BLE), and GPS allow you to pinpoint the exact location of your assets as they move through warehouses, distribution centres, or across the supply chain. Imagine having the ability to see exactly where every piece of equipment or inventory is at any given moment.
This real-time visibility ensures your assets are always in the right place and helps you swiftly tackle any unexpected movements or discrepancies. It’s not just about keeping track; it’s about boosting security and ensuring that only authorized personnel can access or relocate your assets. This meticulous tracking not only safeguards against theft and loss but also sharpens your inventory management by reducing errors.
Combining identification and localization
Combining asset identification with localization creates a dynamic duo for asset management. It’s like adding a powerful layer of insight to your asset tracking. This integration delivers unparalleled visibility and control, cutting down on losses and mismanagement while streamlining operations.
With real-time data at your fingertips, you gain the ability to make smarter, more informed decisions, optimizing asset management and enhancing overall efficiency. It's not just about knowing where your assets are, it's about leveraging that knowledge to elevate your entire operational strategy.
Sector specific solutions
Lyngsoe Systems supports various sectors through advanced asset tracking solutions. Delivering substantial benefits such as reduced costs and improved efficiency in supply chain and logistics, enhanced transport optimization and delivery accuracy in postal services, better patient care and regulatory compliance in healthcare, and streamlined baggage handling and increased asset utilization in airports and airlines. While the mechanics and intricacies of each sector differ, the outcome is consistently the same - improved visibility and a more efficient, cost-effective organisation.
A successful case study:
How Swiss Post improved asset tracking
Take Swiss Post as an example. They wanted to get better at tracking their assets, so we set them up with a cutting-edge, automated RFID-based material management system. This included 600 quick-mount RFID portals across 47 sorting centres.
The result? Their asset tracking efficiency skyrocketed, and they gained better visibility over their operations.
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