Asset Tracking for Equipment Rentals

Asset tracking can be a valuable solution for companies that rent out their equipment. With the ability to ensure who their assets are rented out to, companies can prevent any loss or theft.

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The Importance of Asset Tracking for Equipment Rentals

A big reason as to why rental companies need to track their assets is that they are a source of direct income. Money is a big deal for any company in the business world so a way for rental companies to make sure they keep making money is by knowing where their assets are. By keeping track of assets, rental companies will not have to worry about buying new equipment because they know where the current ones are.

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What can AirFinder do for rental companies?

With equipment constantly coming and going, here are some ways that AirFinder can help rental companies with asset tracking.

  • Maintenance Monitoring

    It is important to make sure that the assets are properly maintained. By monitoring your assets, you can avoid expensive maintenance checks because of routine maintenance alerts.
  • Visibility

    By knowing where your assets are, you are able to increase efficiency for your rental business operations. This can allow you to see what is being rented, how often, and how long they are being rented out for.
  • Assists with Availability

    Asset tracking can help with providing the availability of your assets for customers that are looking to rent them out. This can help everyone with allocating their tasks and schedule when the equipment needs to be used.
Maintenance Monitoring

It is important to make sure that the assets are properly maintained. By monitoring your assets, you can avoid expensive maintenance checks because of routine maintenance alerts.

Visibility

By knowing where your assets are, you are able to increase efficiency for your rental business operations. This can allow you to see what is being rented, how often, and how long they are being rented out for.

Assists with Availability

Asset tracking can help with providing the availability of your assets for customers that are looking to rent them out. This can help everyone with allocating their tasks and schedule when the equipment needs to be used.

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Equipment Rental Use Cases

  • Theft Prevention

    Having an asset tracking solution can save you from having to replace heavy equipment. This can cut down costs on unnecessary expenses. Having an RLTS can provide the current location and also provide security as thieves are less likely to steal something with a tag present on it.
  • Equipment Usage Reports

    Asset tracking can allow you to know where and how your customers are using your equipment.
  • Customer Service

    Asset tracking can aid companies in providing better customer service. An example would be that RTLS devices can identify whether the equipment is available, or if it is ready for rental or not. Sharing your tracking information with customers also helps with building trust with the customers. By sharing tracking information, you can advise customers on what they actually need to rent.
Theft Prevention

Having an asset tracking solution can save you from having to replace heavy equipment. This can cut down costs on unnecessary expenses. Having an RLTS can provide the current location and also provide security as thieves are less likely to steal something with a tag present on it.

Equipment Usage Reports

Asset tracking can allow you to know where and how your customers are using your equipment.

Customer Service

Asset tracking can aid companies in providing better customer service. An example would be that RTLS devices can identify whether the equipment is available, or if it is ready for rental or not. Sharing your tracking information with customers also helps with building trust with the customers. By sharing tracking information, you can advise customers on what they actually need to rent.

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