IoT asset tracking is a critical component of modern-day business operations. By monitoring the location and movement of physical assets, your company can optimize operations, reduce waste, improve productivity, and much more. However, traditional asset tracking methods – such as manual counting or barcode scanning – can be time-consuming and prone to errors. As a result, many businesses are turning to technology-based asset tracking solutions for both outdoor and indoor tracking. Interestingly enough, at Link Labs we can provide your company with both! Continue reading this article to learn how your company can benefit from a seamless outdoor and indoor asset tracking solution today.
Outdoor and Indoor Asset Tracking
Outdoor asset tracking uses multiple different types of location technology that work together to give your company the best battery life. The most common technologies are WiFi, GPS, and cellular. These technologies are particularly useful if your company's assets move frequently or operate in multiple locations. For example, a transportation company may use outdoor asset tracking to monitor the movement of their fleet of vehicles.
Outdoor asset tracking provides real-time information on the location and movement of your assets. This information can then be used to optimize operations, improve efficiency, and reduce costs. For example, your logistics company can use outdoor asset tracking to optimize delivery routes, reduce fuel consumption, and improve on-time delivery performance. Outdoor asset tracking can also help your business comply with regulations and reduce liability. For example, companies that transport hazardous materials must comply with strict regulations regarding the transportation and storage of these materials. Asset tracking can help your company ensure compliance by providing accurate data reporting of inventory contents so that you know which measures need to be taken when to ensure compliance and provide a clean company image. By using outdoor asset tracking, your company can ensure that it is complying with these regulations which ultimately will reduce the risk of liability.
Indoor asset tracking, on the other hand, involves the use of sensors and beacons to monitor the location of assets within a building or facility. These sensors are strategically placed throughout the building and communicate with each other wirelessly to provide real-time information on the movement of your assets. Your manufacturing plant may use indoor asset tracking to monitor the movement of raw materials, finished goods, and equipment within the facility.
Indoor asset tracking provides your business with a comprehensive view of asset movement within a building or facility. This information can then be used to optimize operations, improve workflow, and reduce the risk of loss or theft. If your company uses indoor asset tracking to monitor the movement of raw materials, you can then use this information to better manage your inventory and ensure that you have the necessary materials on hand at any given time. Similarly, if your company uses indoor asset tracking to monitor the movement of finished goods, you can use this information to ensure that products are being produced and delivered on time.
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- Loss Prevention. Reduce the amount of loss that occurs during the supply chain process
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The Benefits of a Combined Solution
While both methods are effective on their own, combining outdoor and indoor asset tracking can provide your company with a more comprehensive view of asset movement. By integrating both tracking systems, your business can monitor the movement of your assets both inside and outside of your facilities. This can be particularly useful if your company has assets that frequently move between indoor and outdoor environments, as with construction or logistics operations.
One of the primary advantages of combining outdoor and indoor real-time asset tracking is that it provides your company with full-process visibility. By monitoring assets both inside and outside of the facility, your company can track the entire lifecycle of an asset from acquisition to disposal. Ultimately, this can help you better manage your assets and optimize operations. For example, a construction company could use outdoor asset tracking to monitor the location of their equipment and indoor asset tracking to monitor the movement of materials and tools within the facility. This allows the company to ensure that they always have the necessary tools and equipment to reduce delays and downtime, regardless of whether they’re on or off the premises.
Another advantage of combining outdoor and indoor asset tracking is that it can help your company comply with regulations and reduce liability. All manufacturing and logistics companies must comply with regulations regarding the transportation and storage of materials. By using both outdoor and indoor asset tracking, your business can ensure that it is complying with these regulations and reducing the risk of liability at all stages of the process, including production, storage, and distribution.
Combining outdoor and indoor asset tracking can also help your company improve supply chain management. By tracking assets both inside and outside of the facility, you can easily identify inefficiencies and bottlenecks throughout the supply chain. Ultimately, this will enable your company to optimize processes, reduce costs, and improve customer satisfaction. For example, your logistics company can use outdoor asset tracking to monitor the movement of vehicles and indoor asset tracking to monitor the movement of goods within their warehouses. This provides the company with a complete view of the supply chain, which can assist in optimizing delivery routes, reduce fuel consumption, and improve on-time delivery performance.
An outdoor and indoor asset tracker device is a powerful tool for modern businesses. By integrating both tracking systems, your company can track assets both inside and outside of your facilities, providing a complete view of their life cycle. Combining outdoor and indoor asset tracking is an essential strategy if your business is looking to optimize asset management processes and stay competitive in today's rapidly changing business environment.
Link Labs Solution
Link Labs is the global leader in providing enterprise asset tracking solutions. Our company offers a comprehensive range of hardware and software solutions that can help your company track any of its assets.
One of the key features of Link Labs' asset tracking solutions is our ability to combine indoor and outdoor tracking. We offer a range of gateway devices that can be used to seamlessly collect data within both indoor and outdoor environments, providing a comprehensive view of asset location and movement. This will enable your business to monitor the entire life cycle of an asset and optimize operations accordingly.
In addition to location tracking, Link Labs' asset tracking solutions offer a range of other features, such as real-time alerts, geofencing, and analytics. Real-time alerts can be configured to notify users when assets move outside of predefined areas, such as a facility or a specific geographic region. Geofencing can be used to create virtual boundaries around areas of interest, such as a construction site or a warehouse. This gives your company the ability to monitor asset movement between specific areas. Analytics can be used to synthesize asset data to identify inefficiencies and opportunities for optimization.
There are several factors that can make an asset tracking solution the best. Here are just a few of the many reasons why Link Labs has the best asset tracking solution on the market:
- Unprecedented location capabilities
- Massive use case extensibility
- Cost efficiency
- Comprehensive enterprise grade capabilities
- Accuracy and reliability
- Ease of use and deployment
- Security and privacy
Link Labs' asset tracking solution is the best on the market due to its advanced technology. If you want to learn more about our leading solution visit our website and book a demo today!