Utilities | Industries

Why Should Utilities Companies Track Their Assets?

Utilities companies have to keep track of their equipment not only inside their facility, but also when they leave and travel to customer sites.

Lack of visibility of equipment can lead to thousands of lost dollars and implementing an RTLS system saves companies from having to spend that money.

How RTLS Adds Value to Utility Companies

Here are some ways asset tracking adds value to utility companies:

Supply Chain Visibility

Get complete visibility of assets to mitigate supply chain issues. With real time location of assets, you’ll have knowledge of assets location even if they’ve been moved.
Minimize Asset Loss

Seeing the location of assets as they move throughout your facility and after they leave can save you money. Tracking these assets allows you to know where your assets are even if you were unaware that they were being moved.
IT Independent

AirFinder has its own network to maintain security. Companies don’t need to worry about any security breaches because of our system being IT independent.

Supply Chain Visibility

Get complete visibility of assets to mitigate supply chain issues. With real time location of assets, you’ll have knowledge of assets location even if they’ve been moved.

Minimize Asset Loss

Seeing the location of assets as they move throughout your facility and after they leave can save you money. Tracking these assets allows you to know where your assets are even if you were unaware that they were being moved.

IT Independent

AirFinder has its own network to maintain security. Companies don’t need to worry about any security breaches because of our system being IT independent.

Utilities Use Cases

Loss Prevention

The difficult task of keeping track of equipment in large facilities can lead to losing thousands of dollars. RTLS tags eases this task by taking care of the tracking for you.
Inventory Management

Utility companies share equipment with customers. When there’s so much inventory being moved, managers may not be aware of every piece of equipment provided to customers and may lose out on money before being aware of the used equipment. RTLS tags are a great way to manage important inventory.
Theft Prevention

Replacing equipment is expensive and an RTLS system allows you to get ahead of any problems. When employees are aware of a tracking tag on equipment, it will deter them from stealing and if that doesn’t work, the location can be easily found to avoid replacement costs.

Loss Prevention

The difficult task of keeping track of equipment in large facilities can lead to losing thousands of dollars. RTLS tags eases this task by taking care of the tracking for you.

Inventory Management

Utility companies share equipment with customers. When there’s so much inventory being moved, managers may not be aware of every piece of equipment provided to customers and may lose out on money before being aware of the used equipment. RTLS tags are a great way to manage important inventory.

Theft Prevention

Replacing equipment is expensive and an RTLS system allows you to get ahead of any problems. When employees are aware of a tracking tag on equipment, it will deter them from stealing and if that doesn’t work, the location can be easily found to avoid replacement costs.