Assets Tagging & Management System
What is an Asset Tagging & Management System?
An Asset Tagging & Management System is a digital solution used by organizations to track, monitor, and manage physical assets (like equipment, machinery, vehicles, infrastructure, tools, etc.). It combines hardware (e.g., GPS, RFID, QR codes) and software to improve operational visibility, reduce losses, and ensure efficient use of resources.
Category
Product
Client
Private Sector
Efficient Assets Geo-tagging
Geo-tagging means assigning real-time geographic coordinates (latitude and longitude) to assets.
Purpose: To know where every asset is located at any given time.
How it works:
GPS trackers or mobile apps with location services are used.
Data is uploaded to a central database.
Benefits:
Prevents theft/loss by tracking assets.
Ensures assets are where they should be (e.g., construction machinery at the right site).
Helps with logistics and planning.
Example: A water utility company geo-tags water tanks and pumping stations so they can monitor their infrastructure across a city on a digital map.
Real-time Tracking & Inventory
This component enables continuous monitoring of asset status and availability.
Purpose: To see the status (active, idle, under repair) of all assets in real time.
How it works:
IoT sensors, GPS modules, or RFID tags send live data.
Software displays dashboards with current inventory levels and usage patterns.
Benefits:
Accurate inventory counts without manual checking.
Helps in dispatching the nearest available asset.
Avoids duplication or underutilization.
Centralized Asset Management
A single software platform that stores and controls all asset-related data and operations.
Purpose: To provide a unified view and control center for all organizational assets.
Features:
Asset registration and categorization
Ownership and usage history
Lifecycle management (procurement → use → disposal)
Role-based access for departments
Benefits:
Reduces confusion and data silos.
Simplifies decision-making with one source of truth.
Enhances accountability and record-keeping.
Automated Maintenance Alerts
System-generated notifications and reminders based on usage, time, or condition.
Purpose: To prevent breakdowns and extend asset life through timely maintenance.
How it works:
Sensors or logs track usage hours or mileage.
System triggers alerts when maintenance is due.
Benefits:
Avoids costly unplanned downtime.
Reduces manual maintenance tracking.
Ensures compliance with safety and operational standards.
