How To Implement Asset Tracking With GPS Monitoring Systems

Asset tracking with GPS monitoring systems will save you time and money. How? By allowing you to have a much clearer view of where your assets are at any given time.

With GPS tracking you’ll be able to prevent many critical issues, such as theft on construction sites, and by minimising the chances that assets are unaccounted for or missing on your fixed asset register.

 

What Is GPS Asset Tracking?

There are two main types of GPS asset tracking, one is where you use GPS tags to view the locations of assets, the other is through the use of last seen locations, where you can create a full audit trail of where your assets have been.

 

GPS Tracking With GPS Tags

GPS tags periodically update their location using SIM cards. How often these updates occur will affect the battery life of your GPS tracker, however, you’ll be able to plug your tracker into a socket if applicable.

In practice what this means is that a GPS tracker will update its location every hour if it’s stationary, for example, or every 15 minutes if it’s in motion. Alternatively, if you want a longer battery life, you’ll be able to set up your GPS tracker so that it updates an asset’s location once a day.

Furthermore, you’ll be able to benefit from anti-tampering and geofencing features. These features give you the peace of mind that your assets won’t get stolen, as you’ll get a notification if the assets are interacted with by someone other than a team member.

Overall, GPS tags give you a robust way to view where your tools and equipment are and ensure that they’re not getting stolen.

 

GPS Tracking With QR Code Asset Tags

The other way you can implement GPS asset tracking is by using QR code asset tags. So, if you’re implementing construction equipment asset tracking, you’ll tag your equipment with these asset tags and link them to digital profiles.

On these digital profiles, you’ll be able to add data, such as maintenance dates and depreciation information. All of these profiles will make up your fixed asset register, where you’ll be able to view your data in bulk.

You’ll be able to view and manage these digital profiles with GPS trackers, too, but the benefit of using QR codes is that every time you scan an asset’s tag in your asset tracking system, these profiles will instantly open.

Tagging and Tracking with QR Code Asset Tags

Using itemit’s Asset Tracking System

The biggest benefits of itemit’s asset tracking system are that it’s quick, easy to use, and highly customisable.

Therefore, you’ll be able to mix and match your GPS tracking capabilities. There are no restrictions on the tags you add to assets, so you’ll be able to use QR code asset tracking to speed up asset profile retrieval, while also using GPS trackers to automate your location updates.

Therefore, if you only want to tag certain, higher-value assets with GPS trackers, there’s no reason why you can’t. You’re not restricted to a certain type of tag when you use itemit.

To find out more about itemit’s asset tracking system, 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 Are Asset Labels?

Why You Shouldn’t Use A Construction Equipment Tracking Spreadsheet

Using Fixed Asset Management Software For Small Businesses

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