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Asset Inventory Management: How Proper Asset Management Can Streamline Your Next Asset Inventory
Businesses of all sizes struggle with staying organized and managing their assets. As a business owner or employee,...
Written by: RedBeam Team 12/16/21 2:24 PM
In real estate, they say it’s all about location, location, location. The same can be said about fixed asset management. Much like other assets you track, including furniture, software, and vehicles, monitoring fixed assets like tools and equipment in your warehouse is essential to saving money, reducing inefficiencies, and keeping your organization running smoothly.
Managing fixed assets can be a demanding task, but a warehouse asset tracking system can make the job a whole lot simpler.
Though the terms inventory management and asset tracking refer to monitoring items necessary to conduct business, they differ in significant ways.
Inventory management software is used to replenish your business’s supply of product you intend to sell to customers. An asset tracking system makes it easier to control your supply of internal tools, equipment, and other assets.
By their nature, some business assets are easier to track, mainly because they don’t move. Buildings and property are good examples. Other items like tools and equipment are typically distributed to employees and can be in different locations on different days. A warehouse asset tracking system ensures accountability for these items.
A good asset management solution has the means to manage your organization’s tools and equipment effectively. The benefits it brings are substantial and include:
Want freedom and flexibility in your assets tracking? A mobile-ready asset tracking system such as RedBeam is perfect for scan-intensive activities like taking physical inventories.
It also:
The RedBeam asset managing system uses purpose-built devices with embedded laser scanners to help you manage your assets on the go and in real-time. To learn more about how our warehouse asset tracking system can help your business save time and money while improving planning and budgeting, get in touch with the team at RedBeam today.
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