Mitigating the Risk of Untracked Assets with Holistic Telematics
Custom content for CalAmp by Supply Chain and Construction Dives' Brand Studio
Telematics technologies have grown in popularity as businesses seek to enhance the capabilities of asset management and loss prevention. While specific use cases may vary, telematics solutions facilitate productivity gains, optimize operational efficiency, effective maintenance and streamline asset utilization.
Monitoring high-value assets provides significant benefits – visibility, maintenance scheduling, cost control and more. Unfortunately, many traditional telematics require expensive technologies or large devices, making it counterproductive and cost-prohibitive to track assets that are small or those that have a high service value despite their lower financial value.
The good news is that newer technologies have elevated asset-management capabilities for this type of equipment, significantly reducing the cost of replacements for lost items and improving the use of existing assets. This playbook explores how asset tracking can improve your bottom line. Readers will learn about:
How to implement asset tracking for high service value equipment