Asset Tracking and Management
The management of physical assets (their selection, maintenance, inspection and renewal) plays a key role in determining the operational performance and profitability of industries that operate assets as part of their core business.
What is Asset Management?
Asset Management is the art and science of making the right decisions and optimising these processes. A common objective is to minimise the whole life cost of assets but there may be other critical factors such as risk or business continuity to be considered objectively in this decision making.
Administering and controlling any asset base is often both complex and expensive. Locating and identifying assets when needed for inventory checks, utilisation, or maintenance can be difficult and time consuming. In some cases it might be necessary to purchase substitutes for mislaid equipment resulting in escalating inventory, maintenance, storage and management costs. Theft of vital assets often remains undiscovered until needed in an emergency.
Expolink's asset management software solutions provide realistic, easy to use mobile systems that address the key issues of proactively managing assets more easily and far more efficiently. Tying this in with barcodes or RFID technology ensures accurate recording of and the retrieval of assets.
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