ASCM Insights - Blog Posts

The Best Asset Tracking for Your Factory

Asset tracking is a vital element of any manufacturing system. When assets are lost, searching for them consumes time and resources while delaying production schedules. Plus, assets compose a sizable portion of a facility’s investment, so it makes financial sense to keep close track of them. Asset tracking involves monitoring the entry and exit of assets, recording the current or last position of tooling, managing spare parts inventory, and scheduling assets for predictive maintenance and repairs.