If you work in supply chain management, chances are you’ve stumbled upon the terms “track and trace,” “real-time tracking,” and “monitoring.” While these phrases are often used interchangeably, they are three distinct concepts. Gaining some insight into each of them can help you figure out which one your business needs.

RTLS is a developing technology, and its potential use cases are very broad. Many are yet to be discovered, but its disruptive capabilities are already evident across multiple industries. Real-time location services, also called real-time location systems or RTLS, automatically identify and track assets and people within a fixed location.