How barcode scanning can ensure effective asset tracking

Innovapptive Inc

How barcode scanning can ensure effective asset tracking

Learn how:

Barcode scanning is transforming asset management
Innovapptive’s asset tracking solution automates fixed-asset physical inventory and reconciliation

Barcodes and barcode scanning are everywhere nowadays. All products, from consumer to industrial, have barcodes, which embed a surprising amount of information. By using the right asset tracking app, you can turn your mobile device into a scanner that generates valuable data sets to improve asset management and decision making.

A simple Google search reveals dozens of apps that will enable your phone to scan all types of barcodes – including 2D and QR codes. Not long ago, organizations used handheld barcode scanners to key in asset information into their records. Those scanners were quite costly and offered limited features compared to what’s available now. And like any other hardware device, those handheld scanners required frequent service and replacement.

Today, more and more organizations are realizing barcode scanning’s importance and the value it brings to asset tracking. Asset tracking goes beyond the scope of mere accounting and compliance purposes. For instance, a barcode can deliver real-time information on an asset's location and current condition. Asset tracking using barcodes improves data accuracy and minimizes human error, which can incur huge losses for a company.

What are some additional benefits of barcode scanning?

Enhanced data integrity and accuracy
Minimized paperwork and record-keeping
Reduced labor costs for data entry
Improved planning and scheduling
Greater accountability
Less employee training time

A mobile asset tracking solution provides instant, real-time and precise outcomes, removes bottlenecks associated with manual tracking, saves resources and fosters collaboration among your employees.

The right asset tracking solution to fit your business

Innovapptive’s mobile asset management solution - mAssetTag - offers the perfect choice for an asset-intensive enterprise. It’s simple to use yet offers a robust asset tagging system. The solution works on any platform – Android and iOS – and a variety of devices like iPads, iPhones, etc. Having mAssetTag on your mobile device means having your vital asset’s entire lifecycle in the palm of your hand.

To learn more about mAssetTag and how it automates fixed-asset physical inventory and reconciliation, schedule a free demo today by calling 844-464-6668 or by clicking here.

Innovapptive Inc

How does Asset Management Software Works and Why do You Need It?

Sagar Infotech 2022-12-06

This is the best time to implement asset management software if your answer is "yes. There are commonly 5 motives for using asset management software: 1. You require asset management software to prevent this. Inventory checking may be done conveniently and swiftly at any time with asset management software. With Asset Management System, the audit procedure would be made simpler and quicker, increasing the credibility and dependability of financial reporting.

Asset Tracking | Asset Tracking Software | Asset Tracking System

Pycube 2022-09-07

It can range from simple assets such as bandages or medications to MRI equipment and even biological assets. To offer great treatment to patients, healthcare institutions rely on equipment, instruments, and a variety of other assets. With increased demand for facilities that are already financially stretched, not having the necessary assets readily available to treat patients can be a huge burden. With so many items to keep track of, there is a greater need to efficiently manage your assets. Furthermore, these solutions assist you in gaining greater visibility into your assets' lifecycles, managing inventory audits, and ensuring compliance using Pycube's Enterprise Asset Management solutions.

RFID Asset Tracking System, Linen Tracking, UHF RFID Solution

seooffpage expert 2021-05-10

OTELTECH mastered in the field of RFID asset tracking system, linen tracking and UHF RFID Solution technological edge to hospitality and healthcare industries.OTELTECH dominated in the field of RFID and IoT arrangements giving innovative edge to neighborliness and medical care businessesResource TrackingClothing TrackingAbout usFor as far back as couple of years, Oteltech has worked with customers all throughout the planet, giving inventive arrangements more explicit to Hospitality and Healthcare enterprises among different ventures.

With a versatile full stack group approach, a faith in straightforwardness and the use of Lean-Agile practices; we have become a believed accomplice for our different customer base.Oteltech started in 2015, situated in a little studio in silicon valley of Bangalore.

Established by Mr. Sunil Gopalkrishnan, Oteltech has extended its workplaces at United States, Malaysia and to Dubai.

We are Globally present with solid channel the board all through Africa, South East Asia, Australia and Gulf Countries.Since the start, we've meant to stand separated from other implanted programming organizations, fabricating a culture with our kin at its middle.

That is the reason in 2019 we turned into an Employee Owned business and our workers presently own portions of Oteltech.TributesOur Assets stock taking interaction has be rearranged with Oteltech RFID handheld gadget and surprisingly the unapproved thing development.

We oversee both our Bangalore and Estonia workplaces resources in a solitary dashboard.Stanley CEO, HeyFolioWorking with OTELTECH been both delight and fulfilling, are amazingly solid and steady in quality.

Global Asset Tracking and Inventory Management Solution Market : Industry Analysis and Forecast (2020-2027) – By Component, Application, Industry, and Region.

Maximize Network 2020-11-07

Global Asset Tracking and Inventory Management Solution Market was valued US$ 11.85 Bn in 2019 and is expected to reach US$ 29.30 Bn by 2027, at a CAGR of 13.81 % during a forecast period.Global Asset Tracking and Inventory Management Solution Market, By RegionAsset Tracking and Inventory Management Solution is used to manage the information like item quantities, personnel assignments and maintenance requirements.The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.Global Asset Tracking and Inventory Management Solution Market, Dynamics:An increase in demand from small and medium enterprises (SMEs) for barcode and RFID systems to track assets is expected to drive the growth during the forecast period.

Inventory management systems assist businesses to manage stocks of expendable substances across a variety of surroundings.However, high initial cost and security vulnerability are expected to limit the global asset tracking and inventory management solution market growth.Global Asset Tracking and Inventory Management Solution Market, Segment Analysis:Asset Tracking and Inventory software can integrate with computing network or hosted by vendor accessed on computers, laptop and mobile device.

Asset Tracking and Inventory software is useful for any organization that wishes to have better control.Warehouse management segment is expected to grow at a 14.10% rate of CAGR in the global asset tracking and inventory management solution market during the forecast period.

As a wave of next generation, technology-enhanced warehouses are bringing extraordinary levels of real-time visibility into organizations.The retail industry is under pressure to increase the consumer journey from interaction to point-of-sale through an effective retail asset tracking solution.

The retailers can track and record an asset’s entire life cycle with innovative IoT solutions and retail asset tracking software.

The retail industry is expected to contribute significant share in the global asset tracking and inventory management solution market.Global Asset Tracking and Inventory Management Solution Market, Regional Analysis:The Asia Pacific held the US$ XXMn share in the global asset tracking and inventory management solution market in 2019 and it is projected to grow at a 13.50% rate of CAGR during the forecast period.

Want Increased productivity and Profitability? Start Using Asset Tracking Software Today

Peter Jackson 2022-05-16

Upgrading assets management strategyYou might want to explore using an off-the-shelf Remote asset tracking because so many are available. You may use the power of data to improve asset usage and inventory control by implementing a centralized asset management system. And if you would add IoT-enabled asset management systems into the same, the benefits would increase substantially. ConclusionRejig Digital’s flagship Remote Asset Management Software, Accrue is custom-built to conform to your organizational needs. You can automate asset management, scale asset use, and improve efficiency with our solution.

Mastering Expected Portfolio Return: Understanding and Calculating It

Diversiview 2023-06-05

One of the key concepts in portfolio management is the expected portfolio return. Calculating expected portfolio return is a fundamental step in creating a balanced investment strategy, and it can provide significant insights into the potential profitability of your investments. However, understanding expected portfolio returns can help shape your investment strategy and manage risk more effectively. Calculating Expected Portfolio ReturnCalculating the expected portfolio return involves a fairly straightforward process. The formula for calculating the expected return of a portfolio is the sum of the expected returns of each asset, each multiplied by their respective weights.

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