Asset Tracking

Asset tracking is a process that involves monitoring and managing physical assets, equipment, inventory, or resources using various technologies and systems. The primary goal of asset tracking is to gain real-time visibility and control over valuable assets throughout their lifecycle, from procurement to disposal. This process is essential for improving operational efficiency, reducing losses, optimizing resource allocation, and ensuring compliance with regulations. Asset tracking systems can vary widely in complexity and features, but they generally share common components and benefits.