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Asset Tracking and Management No More Squaring The Circle!

Effective asset tracking is vital for organizations to record and monitor assets—whether physical equipment, vehicles, machinery, or finished goods. With effective asset tracking, companies can save on labor costs and time, improve efficiency, and enhance their decision-making. Many companies use Asset Tracking and Management solutions, but those solutions are not that effective as they involve manual intervention.

July 30, 2024

Typical Pain Areas Of Non-Automated Asset Tracking Management Solution

For indoor and outdoor tracking of assets within the plant premises or campus, tracking, and management have been conventionally done through manual methods and processes which generally lead to multiple challenges: –

Tracking Issue: It is difficult to track assets, finished goods, equipment, vehicles, and machines without a proper tracking solution. With a vast inventory spread, finding a specific asset can create difficult situations and inefficient outcomes.
Prolonged Storage: Prolonged storage intensifies the issue if there is a lack of an organized method. Retrieving a finished good, equipment, vehicle, and machine becomes even more difficult if it involves manual processes.
Storage Location: Another challenge is finding dedicated storage locations. Marking and mapping locations with serial numbers is a complicated process, leading to confusion.
Inefficient Inventory Management: Companies struggle to manage inventories with a live update effectively. This can lead to overstocking or stockouts, impacting production efficiency and costs.
Non-connectivity to backend systems: Owing to manual dependency, the data exchange and communication with multiple backend systems used by organizations is largely missing.
Underutilization of Resources: Companies can allocate resources more efficiently and effectively rather than engaging them to just do manual tracking of assets, finished goods, equipment, vehicles, and machines. This results in savings on labour costs and time.

Alpha ICT has meticulously considered all these factors and developed a robust and fully automated Asset Tracking and Management solution that addresses the client’s expectations and better outcomes.

What Is So Special About Alpha ICT’s Asset Tracking & Management Solution?

In an overcompetitive market, our system stands out by offering fully automated and tailorable solutions. Our solution fits into clients’ bespoke needs. The solution provides flexibility to address & deliver optimum features to a high-end set of features aligning with the client’s budget.

Alpha ICT’s Asset Tracking and Management Solution gives unique real-time visibility. It significantly enhances quality control and overall operational efficiency while proactively mitigating potential issues.

Our solution generates comprehensive reports and seamlessly integrates with backend systems like ERP, BMS, and IoT Server, and is also available in mobile applications for on-the-go management.

Alpha ICT’s Asset Tracking and Management Solution optimizes tracking processes, ensuring a continuous and efficient experience. It is an electronic tag-based solution, that leverages advanced technologies such as UWB, Bluetooth, Wi-Fi, and Zigbee to meet specific requirements.

This solution provides an option to implement E-Paper displays. These E-Paper Displays aim to replace traditional paper usage, significantly reducing the carbon footprint to align with the company’s sustainability goals.

Highlighting Features Of Alpha ICT’s Asset Tracking and Management Solution:

Following are the features of Alpha ICT’s Asset Tracking and Management Solution. The solution provides flexibility to configure client-specific needs covering –

Tags (With & without displays/RFID)
Communication (UWB, Bluetooth, Wi-Fi, Zigbee, etc)
Sensors (Temperature, vibration, motion, etc)
Display configurations
Functionality configurations
Mobile App – Location tracking
Backend systems interfacing (ERP, BMS, IoT Server)

As we mentioned before, Alpha ICT’s solution is configurable and tailorable and can fit into clients’ bespoke needs.

Use cases addressed by Alpha ICT for Asset tracking and management:

Assembly Line Monitoring

Finished Goods

Pallets

Containers

Discrete Assets

Our solution is ideal for automotive manufacturers, along with companies producing big-sized products in bulk quantities like pumps, and generators, and requiring managing finished goods located in outdoor and indoor areas within the plants.

It’s important to prioritize Asset Tracking and Management to minimize risks, reduce labor costs and time, enhance efficiency and decision-making, and maintain a competitive edge.

To get more information about Alpha ICT’s Asset Tracking and Management solution, stay tuned to our blog series. We will be happy to set up overview sessions and discussions to carve out the product best suited for your specific needs.