If you want more automation for your asset tracking, GPS asset tracking is the way to go. The best thing about GPS asset tracking is that it can easily integrate into your existing asset management operations.

Therefore, if you already have asset tracking operations, adding GPS asset tracking allows you to increase your accountability and transparency over assets further.

You’ll be able to mix and match your asset tracking efforts, too, meaning you’ll be able to track higher value assets with GPS trackers and keep the rest of your asset register maintained with QR code asset tags.

What Is GPS Asset Tracking?

GPS asset tracking is the use of GPS trackers to manage asset movements. Asset tracking in itself is the procedure of logging unique asset profiles and adding data to them.

With asset tracking, you’ll be able to view asset issues and financial information, for example. As asset profiles are unique, you’ll be able to see which assets have faults and, with GPS trackers, where they are.

So, if you’re implementing IT asset management in your business, you’ll have a unique asset profile for each of your laptops. Then, if you’ve tagged your laptops with QR code asset tags, you’ll be able to scan the tag to open the profile.

Every time you scan a QR code in your asset tracking app, the last seen location will also update. GPS asset tracking takes this one step further, allowing you to view where assets are at a given moment.

Which Assets Should I Track With GPS?

Assets are most likely to go missing when they’re in transit. Therefore, if you have assets that move around frequently between locations, such as construction sites, it’s a good idea to track these using GPS.

This way, asset retrieval becomes much simpler and much faster as you’ll be able to view where assets are when action is needed. 

It is recommended to start using GPS trackers on your high-value assets that can’t go missing. Therefore, you can ensure an ROI with your asset tracking software just from fewer missing assets alone. Then, the additional features and functionality asset tracking software provides simply adds to this ROI.

If there are any assets that are at a high risk of theft, too, it’s a good idea to use GPS asset tracking to mitigate this risk. Theft on construction sites is a huge issue and reducing this is a huge and tangible way to decrease any losses in your revenue.

How Does GPS Asset Tracking Work?

Your GPS trackers will periodically ping your asset tracking software. They can be set up so that assets ping more frequently while in motion, so you’ll get an asset’s location every 15 minutes, for example, if an asset is moving and every hour if an asset is stationary.

As you can mix and match your asset tracking processes, too, you can use GPS trackers to track asset locations and use QR code asset management to report issues and streamline auditing procedures.

Overall, GPS asset tracking gives you more accountability, more automation, and more transparency over where your assets are and how they’re behaving.

If you want to purchase GPS trackers, you’ll be able to use the button below. We’ll help make sure that they’re set up properly and working effectively within your itemit account.

You can also contact the team at team@itemit.com, or fill in the form below to start your very own 14-day free trial of our asset tracking system.

Instant access. No credit card details required.

or, download the itemit app to get started

If you’re looking at asset management software in the UK, you’ll know there are a lot of things to consider. You’ll want a system which is applicable to your assets and your industry. 

Therefore, if you’re looking for better construction equipment tracking, you’ll need a software which can handle routine and reactive maintenance, equipment bookings for hires, and location tracking.

It’s important to remember, therefore, why asset tracking is so important and work backwards. This way, you’ll know exactly what your needs and specifications are and have the ability to search more proficiently for your asset tracking software.

What Is Asset Tracking Software?

Asset tracking software is a system where you can log, monitor, and track your business’ critical assets. Therefore, you’ll be able to know exactly what you own and where everything is.

You’ll be able to use asset tags to improve your location tracking and speed up a lot of your operations, too. You’ll stick your asset tags on your physical equipment and link it to a digital profile of the asset with your asset tracking app.

This way, every time you scan the QR code within your app, the last seen location will update and the asset’s profile will open.

If you need to report that an asset requires maintenance, you’ll be able to use this system to speed up this process. Simply scan the assets tag in your asset tracking app and report the issue with your software’s issues management feature.

Why Is UK Asset Management Software Essential?

UK asset management software is essential because of all the savings you get from it. 

With asset management software, you will:

• Lose fewer assets
• Have an automated and accurate fixed asset register
• Know which assets you own
• Avoid the risk of purchasing duplicates
• Save time and, therefore, money on your operations

As your fixed asset register is automatically created and maintained as you’re tracking your assets. Therefore, you’ll be able to use this data to claim accurate tax breaks and to improve and streamline your insurance operations.

You can also use these reports to view which assets are frequently booked, or which assets have required frequent maintenance. Therefore, you’ll be able to make clearer business-focused decisions on future purchases.

Implementing Asset Management Software

The implementation of asset management software into your business is a simple process, too. You’ll be able to transfer an existing asset register into your new software or create a new one.

As you’re tagging your assets, you’ll also be able to audit everything that you own, ensuring a higher level of accuracy. Then, if you add your assets to a collection or location, you’ll also be able to run frequent audits on this to ensure everything is where it should be.

All of your asset data then gets pulled into a reports page in your asset tracking system. You’ll be able to edit and export this with all the data you need to know.

To find out more about how itemit’s UK asset management software will help you, you’ll be able to book a demo using the button below.

You can also contact the team at team@itemit.com or fill in the form below to start your 14-day free trial.

Why not check out these blogs:

What Is QR Code Asset Management?

How Important Is Fixed Asset Tracking Software?

The Benefits Of Heavy Equipment Maintenance Software

Instant access. No credit card details required.

or, download the itemit app to get started