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Reasons Why Your Company Needs RTLS Asset Tracking

If you are looking for options to improve business processes, take a look at RTLS asset tracking. In recent years, many companies have been implementing this system. It allows for receiving many benefits, such as increasing company productivity, improving employee safety.

What Is an RTLS-Based Asset Tracking System?

RTLS stands for Real-time Locating Systems. This concept refers to an automated system that identifies objects and determines their location in real time. The system works inside buildings or within adjacent territories. With RTLS indoor tracking, you can determine the coordinates of assets, build routes, and track the movement of staff and equipment.

The operation of a Real Time Location tracking system is based on wireless tags that are attached to staff or assets and send signals with unique identification numbers. These pulses are captured by readers and sent to the server, where specifically designed algorithms determine the exact location of objects and transmit the relevant data to a user’s PC or smartphone.

Reasons to Implement RTLS Asset Tracking

There are many reasons why businesses should consider implementing asset location tracking. The system increases productivity and safety, reduces equipment costs, and allows you to optimize the company’s activities. Here are these benefits explained in depth:

Improving company productivity/efficiency

The Real Time tracking system improves business efficiency through better asset control and management. Once implemented, the management can pinpoint the location of staff or equipment, allowing them to make informed resource allocation decisions. Thanks to this, businesses can significantly increase productivity. This is achieved in the following ways:

  • obtaining information about the presence and location of assets, equipment, and products indoors (warehouses, factories, hospitals, etc.) in real time;
  • reducing time to find the right asset for staff.

Reducing equipment costs

The system constantly monitors the movement of equipment and helps avoid possible downtime. With it, you can quickly determine the location of equipment or vehicles and monitor the KPIs. The management always knows where a forklift or vehicle is located, has updates about the time of its scheduled maintenance, and can effectively plan daily tasks. As a result, equipment costs are reduced, and costs associated with downtime or emergencies are minimized.

Increasing safety

Staff safety is one of the top priorities for any company. Using the RTLS system allows employees to avoid dangerous situations and minimize the risks of work-related injuries. Security enhancements are achieved as follows:

  • sending warnings about potential threats;
  • messages about the presence of employees in hazardous areas;
  • preventing collisions of equipment with people.

Optimizing the work of the company by obtaining analytics

Modern asset tracking systems provide analytical reports that help optimize the operation of the business. Depending on the scope of implementation, users can receive the following analytics:

  • time of use;
  • history of equipment movements;
  • identifying non-performing assets;
  • employee movement data;
  • pinpointing the work time of staff, etc.

You can make effective management decisions through analysis, identify spaces with the least or maximum traffic, and improve discipline in the workplace.

Easy implementation

The implementation of RTLS asset tracking in the infrastructure is quite an easy process. High-quality equipment (such as tags and readers) and effective software are all that’s needed. The system is implemented based on mobile applications or PC managers.

Indoor Asset Tracking: Areas of Use

The Real Time tracking system can be successfully used in many business areas. It remains the most relevant in logistics, manufacturing, healthcare, and office spaces.

Warehousing and logistics

Many warehouses and logistics companies face issues related to managing the flow of raw materials and products in the supply chain. RTLS solves this problem and allows you to get detailed information about the placement of assets within enterprises. Thanks to the system, it’s possible to control transport, equipment, and products in warehouses. Asset monitoring provides more efficient inventory planning and helps optimize logistics processes.

Manufacturing

RTLS indoor tracking makes it much easier for employees to find equipment, parts, or raw materials. The system instantly determines the location of objects and notifies the interested parties about them. When using RTLS, you can track the movement of equipment in real time. It reduces equipment downtime, helps with decreasing the number of emergencies, and avoiding collisions.

Healthcare

Medical facilities can easily track the location of any equipment, whether it be ventilators, telemetry units, or wheelchairs. This approach provides a wide range of benefits, including:

  • improving patient care;
  • reducing preparation time for procedures;
  • asset management optimization.

Offices

The system helps not only with determining the location of employees inside the building, but also with controlling movement, detecting the presence in restricted areas, and coordinating people’s work. A Real Time Location tracking system improves security and positions the office as an advanced, innovative space.

To sum up, RTLS asset tracking can drastically improve the efficiency of the business. Its implementation in the company’s infrastructure significantly improves the quality of customer service, prevents emergencies, and helps optimize work processes.