Mounting your assets with a GPS tracking device may have looked like something out of a spy movie a few years ago or the asset was connected with national security.
Why track the location of your assets with GPS?
There are countless benefits to asset tracking systems, managers can keep an eye on their assets at all times and place advanced safeguards to protect valuable equipment against theft. Here are 4 reasons why you should purchase GPS trackers for business assets:
• Recover stolen equipment quickly – Sometimes, it’s not just the hassle of exchanging stolen equipment that makes robbery so bothersome to a business; it’s actually the recovery time in between losing it and getting a replacement. It’s more unpleasant when a piece of equipment is critical to the daytime operation of the company. With GPS tracking devices, an asset’s exact location can be provided to the police for immediate recovery and businesses can go back to making profits.
• Improve asset use – An asset is an investment so when it’s sitting down not doing anything, it generates no revenue for the company. GPS tracking can highlight assets that are being underused, which can then be either put to work or sold.
• Accurate billing – When an asset is leased out(either to clients or internal cost facilities), asset GPS trackers can monitor hours of real use and this information can be used to put together accurate billing and costs, as well as better pricing for new jobs.
• Higher presence – Asset tracking can be configured to provide businesses with actual-time reporting with location and status updates delivered on set intervals. This information can make administration much more efficient and make it easier for dispatch; for example, when a new job demands specific assets that need to be located swiftly.
Asset tracking gaining popularity in the latest years
There are more and more companies that are recognising the benefits of asset tracking such as recovering stolen property and locating the initial cost. Companies with valuable assets can now save on other security measures, such as night patrols or digital camera surveillance because GPS tracking devices are taking their place, supplying a more cost-efficient solution to guard their property.
Whether or not you have powered assets(chippers, Bobcats, machines etc.) or non-powered assets(trailers, cargo or even remote workers) you can improve their safety and security, and manage efficiency a lot better with asset GPS tracking.
Tracking devices are small, portable, waterproof, shockproof and have prolonged battery lifespan (some as many as seven years, which is great for non-powered assets in extremely distant locations ). They may also be used beyond cellular networks offering a much greater range and flexibility.
Here is a list of Rewire Security’s Asset Tracking Devices.