4 Ways to Incorporate Storage Asset Management For Your Facility

storage asset management

Companies are aware that they need proper storage facilities for the inventory while it is not being used. However, not all of them are implementing the measures they should take to ensure their assets are stored efficiently. If you don’t figure out a way to store smartly, then there’s a chance that you might end up wasting time in locating, maintaining, and replacing the assets when you need them.

Continue reading

5 Key Benefits of Fixed Asset Auditing and How Tracking Software Can Help

asset auditing

Your company’s fixed assets include tangible possessions with long life cycles such as buildings, machinery, furniture, equipment and more. These are typically major capital investments that are also constantly depreciating due to regular use. Take complete control of asset lifecycle management and minimize the cost associated with depreciation with frequent asset auditing. 

Continue reading

5 Useful Tips on Implementing Barcode Scanning To Improve Efficiency at Your Small Business

barcode scanning

Barcodes are one of the most widely used asset labels across the globe. With constant growth over the past years, the global 2D barcode reader market size is expected to reach $11.06 billion by 2028, growing at a rate of 6.7% from 2021 to 2028,  according to a recent research report.  Barcode labels have a diverse range of applications and are commonly used across a broad spectrum of industries by businesses of varying sizes, including small businesses. 

Continue reading

Asset Management Trends: Key Aspects to Focus on in 2021

asset management trends

The Asset management landscape has been evolving rapidly amidst digital transformation over the past decade – and a global pandemic for the past year. 2020 saw an increased inclination towards emerging digital transformation trends in asset management.  A cloud-based tracking solution can help organizations significantly improve asset management rate of returns, save money, and improve overall business efficiency. 

Continue reading