Top 4 Reasons to Utilize Indoor Asset Tracking

Indoor asset tracking systems are powerful technologies that can revolutionize the world. These systems assemble a detailed picture of how assets and people move within a facility throughout the day. 

Continue reading to explore how indoor asset tracking systems work, why companies should utilize indoor asset tracking, and why Link Labs provides the best solution among its competitors!

How Indoor Asset Tracking Works

How asset tracking works can be complicated to understand if you’re unfamiliar with technology, so let’s break it down. An asset tracking system typically has two parts; equipment and UI. The equipment and UI work together to provide location information to the end user. The equipment consists of tags and beacons. The tag gets attached to your asset of choice. For example, if you want to track tools in your manufacturing plant, you can attach the tag to the tool. The tag then communicates with the beacon to determine its location. Once the tag determines its location, it then sends it to the UI for the end user to see in real-time. This way, if you’re looking for a tool, all you have to do is look it up on your computer or tablet.

Increase Your ROI by Investing in AirFinder OnSite

• Low Cost. AirFinder OnSite XLE is a fraction of the cost of competitors' pricing.
• Long Battery Life. XLE lasts up to 7 years with hundreds of location updates daily.
• Increased Efficiency. Spend less time looking for assets, and more time being productive.

Reasons to Utilize Indoor Asset Tracking

Work in Process (WIP) Tracking

Production processes have many moving parts. Each step requires other steps to be completed. The last thing you want is an unexpected bottleneck to occur and you’re not even aware of it. Bottlenecks cause a domino effect of delays. If you can’t complete one part of your process, the rest of them can’t be completed and ultimately, your shipments get delayed. 

Asset tracking systems give you insight into how efficient your production process is. With the real-time information asset tracking provides, you can see how long certain production stages take, where and when bottlenecks occur, and other information you may find beneficial.  

Reduce Lost Tools

In large plants with lots of employees and equipment, tools can be misplaced easily. Misplacement of tools and equipment is frustrating because it delays production processes and costs money to replace. When you implement an indoor asset tracking system, you reduce the number of tools you lose.

Having an asset tracking system doesn’t mean everything will always be returned to the right place, but it does mean you can find the misplaced tool quickly and easily. All you have to do is press a couple of buttons on your computer to see where the tool you're looking for is. 

Human Error Prevention

Tracking through a system is not only more efficient and accurate than manual tracking, but also it eliminates human error. The truth is that no one is perfect. When it comes to tracking tool usage, pen and paper may be the cheapest way, but it’s not the most accurate. Signing out tools only works when every person signs it in and out correctly each time. Even then, you still can’t know when the tool you need is coming back.

Asset tracking completely automates tool tracking and erases human error. Employees no longer need to sign the tools in and out, and when someone goes looking for the tool, the asset tracking system tells you where the tool is if it wasn’t put back in the right spot.

Waste Reduction

Scrap material in manufacturing plants can add up quickly. Sometimes theres a plan for disposal, other times there’s a plan to reuse it, but most of the time it’s thrown together in one pile with intentions to come back to sort it later. Many times, the sorting never happens and material that was supposed to be reused gets wasted. 

Asset tracking can help you track your scrap properly. When you go looking for material that you want to reuse, you won’t have to spend time searching for the right piece, you can use the asset tracking system to find its current location. Asset tracking can even help you monitor the amount of waste you have. If you’re looking to cut back on waste to become more sustainable, you can monitor how much waste your company has and be notified if any spike occurs.

Why AirFinder OnSite?

Link Labs offers the most complete end-to-end indoor asset tracking system to fit the needs of all types of companies. Our patented Xtreme Low Energy (XLE®) technology extends battery life up to 7 years and offers a flexible architecture for campus-based environments.  AirFinder ​​OnSite helps manufacturers improve the efficiency of the production process and automates tool tracking.

 How Link Labs Can Help!

Link Labs provides the best indoor asset tracking system on the market. AirFinder OnSite is Link Labs’ cutting-edge, next-generation RTLS industrial IoT technology that easily and affordably tracks indoor assets with fine-tuned up-to-meter level accuracy. AirFinder OnSite is the best solution for businesses to keep track of work-in-process, inventory, equipment, tools, packages, and personnel.

At Link Labs, we strive to assist you with your asset tracking needs. Book a demo today to learn more about how Link Labs AirFinder OnSite can benefit your needs.