Your supply chain is an integral part of your business. Should one of the cogs break down, major problems could be caused. You need every element or part of your supply chain to work smoothly all day, every day. This is where equipment tracking software comes into play. Software such as this can improve many aspects of your business so you’re more likely to see the results you want.

When it comes to tracking your assets you need to make sure that it’s done correctly. Opt for equipment tracking software that’s easy to use and has a good UI (user interface). Ideally, you’ll choose software that has a lot of useful features that can help your business to grow.

Some businesses still choose to use spreadsheets and notebooks to manage their equipment tracking. The issue with this is that people make mistakes, even when they’re trying hard not to. What this means for their tracking data could be full of mistakes. When you use modern tracking software, however, no mistakes can be made. 

Let’s take a look at the different types of modern tracking technologies: 

• GPS – Uses satellites to track your assets
• RFID tracking – Radio frequencies are used instead of satellites
• Barcodes –  Simply scan the barcode and your assets will be located 

These modern technologies are highly reliable and ideal for tracking your equipment. Unable to make mistakes, these technologies are also ideal for most businesses.

One of the major benefits of using tracking software is that it helps to improve productivity. Why is this the case? It’s simple. Your team will quickly be able to find the assets they need. All that they are required to do is scan a barcode or log into the software and see the asset or assets they’re looking for. 

When your team can find assets much more quickly than they otherwise would they save time. Consequently, more jobs will be completed and productivity will improve. This is good for any business as it can help to boost profits.

Not everyone is aware that using equipment tracking software can help them to have better security. The main reason for this increase is because all of your equipment will be tracked. When you track everything you’ll know where it is all of the time. When your team is aware that equipment is tracked fewer things will go missing, unintentionally or otherwise. 

Regardless of whether you use RFID tags or barcodes, it may be obvious to everyone that you track your equipment. This is the case for those who work with/for you and those who don’t. When it’s clear that you monitor your equipment’s location it’s less likely to go missing. A direct result of this means you’ll spend less money replacing missing equipment.

Another major benefit associated with using equipment tracking software is that it’s possible to see where the inefficiencies are. When you know where they are you can make amends to them. You can send more equipment to that particular department or give extra training to a member of your team. 

When you know where there are issues you can potentially improve things. What this means for your business is that it could start to run more smoothly. This can only be a good thing as it could mean there are fewer issues which will, in turn, boost productivity even further.

Did you know that tracking your equipment by using software can make your customers happy? You could, for example, allow your customers to track their packages using the tracking software. Some tracking software lets you add people and limits what they can do and see. So, you could let your customers see where their packages are to keep them happy. 

If you manufacture goods for customers/clients, being able to show them where their purchases are in the manufacturing process is valuable. They can see how far along their purchases have come and therefore, monitor them. This could result in you having happier customers. 

Did you know that your customers could receive their packages quicker because of improved productivity? Your customers are likely to be much happier when they receive what they ordered sooner rather than later. When you have happier customers they are more likely to return. This can only be a good thing as far as your business is concerned. 

It’s clear that when you track your equipment by using specialist software it benefits your business. You could see a realistic improvement in many areas of your business, ensuring it and your customers benefit. 

Wish to chat with an expert about using equipment tracking software to help your supply chain? Contact us today at team@itemit.com. 

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