A2X Consulting

There are many benefits to tracking your assets annually. No matter what industry you work in, whether it’s construction, medicine, military, or IT, tracking assets is an important practice. With advancements in technology, business and staffs are becoming more and more spread out with the ability to work remotely. For this reason and many others, tracking your assets can protect you against loss in assets or finances and prevent you from ever having an inventory surplus. Asset tracking can also help you make sure your employees are working as productively as possible.

Almost anything, even your cat or dog, can now be equipped with GPS tracking systems. There are a ton of different applications developed for all kinds of assets using GPS technology. This would be a great way to monitor any of your assets that travel like cars, semi trucks, tractors, and other machinery. Using a GPS tracking system for these kinds of assets will help you ensure your staff is doing what they’re supposed to be doing with your precious assets. Using this kind of tracking is also beneficial in the medical world so doctors can know exactly where a donated organ is in transit or be able to find the closest piece of machinery needed to save a life. For companies whose assets travel, GPS tracking can also help you recover stolen property.

Keeping track of your assets also helps you keep them on a proper maintenance schedule. Especially for companies that require a lot of machinery, tools, and other high tech devices, keeping them on a regular maintenance schedule can extend their lives and give you a way to check in with them every so often. You’ll save money the better care you take of assets like these.

For companies with complex data centers, asset tracking is also vital to improving a company’s efficiency. IT asset management means managing the company’s network of computers. Tracking assets like this goes far beyond only tracking the servers in the data center. It goes into every single computer connected to the network and monitors activity. This can show the company who is using their assets and where and what they’re using them for. Most companies with a computer network use this these days to ensure their employees aren’t taking advantage of company time or property to waste time on the Internet or use it for inappropriate matters. This helps a company stay productive and better able to serve its customers.

Using asset tracking systems will also increase any company’s overall productivity because it takes the job of monitoring assets and employees off the boss. The manager or owner can focus on other areas if he can know the location and quality of his assets. It’s one less thing he has to worry about so that energy can go toward other problems or customer service.

There are no downsides to tracking your company’s assets. And with all the different technology and software available these days, it’s a no-brainer.