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.
With equipment constantly coming and going, here are some ways that AirFinder can help rental companies with asset tracking.
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.
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.
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.
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.
Asset tracking can allow you to know where and how your customers are using your equipment.
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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