What is equipment tracking?

Equipment tracking ensures that your machinery, tools and equipment, valuable assets, and inventory in the warehouse are tracked for monitoring purposes. To do this, various technologies and methods are used. With effective equipment tracking, companies can easily track the location, status, and movement of their equipment in real-time.

With a tracking solution for equipment, companies can reduce delays and ensure the efficiency of the workflow. Through asset management and real-time monitoring, companies can make the most out of their resources. There are plenty of ways for efficient tracking – using IoT devices, tags, GPS, and RFID.

To help a company decide to start using an equipment tracker, here are the benefits to consider:

  • Improve Management of Inventory: If you choose our asset tracking platform, it can help track and locate valuable company equipment and inventory to help reduce the risk of theft and loss. This helps streamline workflows and reduce downtime. As a result, it will improve overall operational efficiency, both the hardware and software applications.
  • Make Use of All Company Assets: Knowing the availability and usage patterns of asset equipment on a tracking platform that they use, companies can make the most out of their resources. They can track equipment and optimize asset allocation and ensure that all are used efficiently.
  • Ensure Regular Maintenance and Repair: Equipment in the best inventory needs to be regularly maintained. This way, any minor repair needs will be taken care of before it becomes a major problem. With our asset management software, companies will know the status of their equipment in real-time.
redlore equipment tracker

How to keep track of equipment and tools in a company?

A company must keep track of its equipment and tools to ensure that everything is in order. This way, they can easily make sure that all their resources are used properly. Using equipment tracking, here are some steps to help you effectively manage your company’s assets through an equipment tracker:

  1. Train Employees on Equipment Tracking: Make sure that you provide your employees with proper training on the asset tracking system that they will be dealing with everyday. Prioritize the importance of education asset tracking. You can help your team by letting them learn about proper handling and reporting.
  2. List All Tools and Equipment: Have a list of inventory of all the equipment and tools that your company owns before finding the most appropriate asset management solution. This data from the tracking tool tracking should include important details such as descriptions, purchase dates, serial numbers, and most recently recorded location.
  3. Use a Tracking System: Use barcodes, RFID, or an asset tracking system for easy monitoring and to track equipment usage and movement. For mobile asset tracking, companies can use GPS or IoT tracking devices. This way, tracking heavy equipment, and knowing the location and movements of their assets, is easier.
  4. Use Labels and Tags: To get real time notifications, use labels, tags, or barcodes. Using the tracking system, it would be easier that you can track the valuable company assets for accurate record-keeping.
  5. Practice Regular Inventory Audits: To ensure that your records reconcile with your inventory, practice regular audits. This can help track your equipment and pinpoint any discrepancies in your records. Also update the records and address any issues in the field and within the warehouse. This should also be the time to track and manage maintenance records and make sure they are followed accordingly.
track equipment

Which kind of equipment tracking tags do you need to track?

What the company needs for tracking and monitoring assets will depend on several factors. They should take into consideration their specific track and field equipment requirements. Whether they want it automated or using manual tracking methods as well as the nature of the tools they want to track.

Here are some of the most common types of equipment tracking tags:

  • RFID Tags: Radio Frequency Identification (RFID) tags can be attached to tools or equipment to be monitored. This is scanned using RFID readers to capture real-time information using tags radio frequency.
  • IoT Tags: Internet of Things (IoT) tags are commonly used equipment tracking system to provide real-time data. This equipment tracker has to be connected to an internet source to transmit and receive data.
  • GPS Tags: The gps tracker for equipment is highly efficient for tracking mobile tools or vehicles. GPS tracking tags can give insights into your equipment real-time location. Using GPS technology, they interact with satellite or your mobile device networks to transmit location data.
  • Bluetooth Low Energy Tags: These tags are small with an easy user interface and are battery-powered. They are very effective to track equipment in the warehouse. This equipment tracking system is commonly used to determine if there are any tagged equipment or tools within a certain Bluetooth range.
  • Barcode Tags: These are quick and easy to use and are cost-effective too. Barcodes can be easily integrated with asset-tracking software. You can generate barcode tags by printing and placing them on the equipment. To get real-time information for an improved asset management system, they are scanned using barcode readers.
equipment tracking devices

Why are equipment tracking devices needed?

There are plenty of reasons why companies use equipment tracking devices. One of which is to know exactly where your equipment is. And these days, there are a variety of tracking devices you can use so you can keep track of your company assets. Here are some practical reasons why equipment tracking devices are highly sought-after these days:

  1. Improve Efficiency and Productivity: These devices reduce downtime and delay in the entire organization with asset management. There will be no wasted time searching for misplaced or lost equipment since they can track everything from any location. This way, employees can quickly find the details about each tool or equipment they need.
  2. Track and Control Company Assets: Equipment tracking devices allow real-time monitoring of company assets. This helps companies have a better centralized system that controls their valuable tools and equipment.
  3. Practice Regular Maintenance: If companies are constantly aware of the status of their assets through equipment tracking software, they will be able to schedule and ensure regular maintenance. This way, they can minimize downtime due to items that are missing and keep workflow running seamlessly.
  4. Prevent Unnecessary Expenses: When companies use tracking device for equipment, they make the most of their available assets and resources. This will save time and money and prevent them from overspending on unnecessary equipment and tools. Instead, they can rely on a tracking system for their equipment and focus more on what the company needs to spend.
  5. Compliance with Audit Requirements: Some industries require companies to follow compliance and audit requirements so they must have equipment tracking devices. If they use asset management properly, companies will have peace of mind that they meet such regulations.

Frequently Asked Questions

Heavy equipment tracking is crucial for proper monitoring. With a tracker for equipment, companies know that all their equipment is used accordingly. To add tracking tags for equipment used for construction, here are the simple steps to follow:

  1. Know what tracking technology to use – BLE, GPS, RFID, etc.
  2. Pick the right tracking device for equipment that is compatible with the preferred technology.
  3. Attach the tags securely to the construction equipment that needs to be monitored on the equipment management platform.
  4. Integrate a tracker for equipment with the software platform.
  5. Test the equipment tracking software.
  6. Train employees about the tracking system you will implement, its usage, and the monitoring process.

The equipment tracking software is very important in many companies across various industries – construction, logistics, healthcare, manufacturing, and more. And the best use for equipment tracking tags is to improve asset management. In turn, you can get insights into company equipment which improves productivity and efficiency in the workplace.

By using tracking tags, your entire organization will have real-time information about the location/movement, status, and usage of their tools and equipment. This way, they can better allocate assets and equipment and reduce risks of equipment loss or theft.

Tracking tags for equipment vary when it comes to how much it costs to have them. Several factors affect the price of the tracking device for equipment. This includes the number of assets to be tracked, the size of the company, the technology preferred, and additional tracking software features.

Everything that is needed to meet the needs of the company must be taken into account. When looking at an equipment tracking solution, aim for a balance between affordability and quality. It’s recommended to contact trusted providers first to know the most appropriate heavy equipment tracking solution that your company requires.

There are a couple of trusted options for an equipment tracking solution and warehouse tracking systems – RFID, barcodes, GPS, BLE, or IoT. RFID systems are the most commonly used in warehouses to keep your equipment safe. They are affixed to inventory items and are proven for their accuracy and scalability.

Data is gathered in the software and transmitted through RFID scanners. The barcode system you can use is another trusted option as they are cost-effective for warehouse tracking. For a warehouse tracking equipment system, the best choice depends on its requirements and operational needs.