Keeping track of all the inventory within your business isn’t always easy. At times, it can be challenging to ensure that your company stays afloat with organization and efficiency. That’s where an inventory asset tracking system comes into play. With Link Labs' asset tracking solutions, we make it easy for your manufacturing and logistics companies to monitor inventory from anywhere at any time. Let’s look at the best way to track your inventory in 2023!
What is Inventory Tracking?
Inventory tracking is the systems and methods a company uses to monitor the status of raw materials or finished goods in the production line. With inventory tracking, companies have the ability to know where the right tool is, at the right place, at the right time, and in the right condition.
Manufacturing and logistics companies both have many assets that they have to manage on a daily basis. Whether it be a small asset such as a tool or a large asset such as a vehicle, it is important to ensure that the right asset is accounted for when needed.
Not only is it important to ensure that the right asset is accounted for, but also it is important to ensure that the asset is in the right location for the worker. Through inventory tracking, companies can view where their assets are in real-time, preventing any wasted time searching for an asset.
Both manufacturing and logistics companies have to work in a timely manner. Due to the strict deadlines they must meet, it is crucial to implement an inventory tracking system for the overall efficiency of the production process.
Ensuring product safety is the first step in creating an efficient inventory process. Staying up to date with maintenance on tools and equipment is essential to ensuring that the finished inventory is of the highest quality. Having the ability to know the condition of your tools allows for fewer end-user problems. Ultimately, this will build a sense of trust and respect from the end user.
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.
How Asset Tracking Helps
Asset tracking is a business process that enables you to know where your high-value assets - like equipment, tools, and people – are in real-time and where they have been. An asset tracking system deals with whatever solution you choose to implement and can include everything from a pen and paper to state-of-the-art asset tracking apps that use some form of asset tracking hardware.
At Link Labs, we provide asset tracking solutions for indoor and outdoor inventory tracking. One of the use cases Link Labs is famous for tracking is Work in Process (WIP) for manufacturing companies. WIP refers to inventory that has entered the manufacturing process but is not yet finished. At Link Labs, we understand that juggling all the moving pieces can pose inventory challenges within a manufacturing plant, such as maintaining the right balance of inventory, identifying sources of inventory loss or damage, and forecasting product completion. Our solution has proven to help manufacturing companies stay ahead of all these challenges by providing them with a real-time asset tracking system.
Link Labs' inventory tracking system, AirFinder, is the best way to track your inventory. AirFinder helps manufacturing and logistics companies remain organized and efficient for the future.
As we previously mentioned, the best inventory tracking system is Link Labs’ AirFinder! At Link Labs, we have pioneered two asset tracking solutions that are revolutionizing the overall efficiency of the manufacturing and logistics industries.
Our first solution is the AirFinder OnSite. AirFinder OnSite is the best solution for campus-based environments attempting to keep track of work-in-process, inventory, equipment, tools, packages, personnel, and beyond. Through Link Labs AirFinder OnSite platform, companies can rest assured that they will be provided with everything they need. AirFinder OnSites applications are limitless! From loss prevention and improving processes to keeping tabs on expensive equipment and compliance, OnSite finds your assets every time.
AirFinder Everywhere is the second solution that Link Labs provides. AirFinder Everywhere is Link Labs’ easy-to-use and affordable Industrial IoT asset tracking system with cloud-based software designed for dynamic, movable assets in hybrid environments. This allows AirFinder Everywhere to track inventory indoors, outdoors, and everywhere in between. Link Labs AirFinder Everywhere can be deployed anywhere in the world by manufacturing and logistics companies with a limitless range and capabilities. Everywhere finds your assets every time, no matter where they are around the globe.
Take Advantage of Asset Tracking Today
Link Labs’ AirFinder systems are real-time asset tracking systems that allow companies to track work in process, equipment and tools, process efficiencies, compliance, loss and theft prevention, waste variance, and so much more! For more information on why AirFinder is the best way to track inventory, visit our website and book a demo today.