Why asset tracking is critical in an economic downturn?

It’s great to see David’s (CEO IPWEA) message here – as a leading figure in the industry. David highlights the value of first knowing your assets at the right level of detail and where appropriate, tracking them as part of a digital transformation process.

Of course movable assets may need tracking, whereas fixed assets may just need a bar-code or RFID to ensure work is tracked over time to the right asset in the Asset Register.

The article highlights the technology available to track assets – recognising that you first have to fully understand your reason why – is there good business value gained from the cost of tracking. Read more