Asset Tracking: 5 Points to Keep in Mind While Choosing Your Solution

The total cost of ownership (TCO) of an asset tracking solution is often underestimated. To get a true picture of the TCO, you need to take into account not just the initial purchase price but also the costs of installation, support, and upgrades over the lifetime of the system.

Asset Tracking: Introduction

Asset tracking is the process of tracking the location and status of assets, usually using RFID tags. It can be used to track inventory in warehouses, equipment in hospitals, or vehicles in a fleet. Asset tracking systems typically consist of RFID tags, RFID tag readers, and software to manage the data.

Modern asset tracking systems xuse passive RFID tags, which are powered by the electromagnetic field generated by the tag reader. The tag transmits its data to the reader, which then forwards the data to the asset tracking software.

When choosing an asset tracking software, there are a few key points to keep in mind:

• Customer Reviews

  Customer reviews are a great way to get an unbiased opinion on a product or service. When looking for asset tracking software, be sure to read customer reviews to get an idea of what others have thought about the various options on the market. The best asset tracking software will have mostly positive reviews. It is important to note that a few negative reviews are not necessarily a deal-breaker—every product has its detractors. Just be sure to read the reviews carefully to get a sense of the pros and cons of each asset tracking solution.

• Ease of installation

  Ease of installation is an important consideration when choosing asset tracking software. If the software is difficult to install, it will likely be equally difficult to use. This can lead to frustration and ultimately, a waste of money. To avoid this, be sure to read customer reviews or ask for a demo of the software before making a purchase.

• Support and upgrades

  Support and upgrades are important considerations when choosing asset tracking software. Many vendors offer support and upgrades as part of their service package. However, some charge extra for these services. Be sure to find out what is included in the service package before making a purchase.

• Scalability

  Scalability is an important consideration when choosing asset tracking software. The software should be able to grow with your business. If the software is not scalable, you may find yourself needing to replace it sooner than you had planned.

• Integration with existing

  Inte integration with existing systems is an important consideration when choosing asset tracking software. The software should be able to integrate with your existing accounting, inventory, and shipping systems. Otherwise, you will need to enter data manually into the system, which can be time-consuming and error-prone.