Warehouse of Innovation

Asset Tracking

10% - 40% of supply chain assets are lost globally through misplacement, theft, or breakage every year

Got a solution?

It’s essential to efficiently locate and retrieve assets of all sizes in warehouses and yards. Knowing where everything is can saves an enormous amount of time and money, while also ensuring smooth operations, optimized asset utilization, and accurate inventory counts. It also cuts down on unauthorized access, tampering, and theft – all very important for high-value or mission-critical assets.

Many logistics organizations still rely on manual and outdated tracking methods which give limited visibility and are prone to delays and human error. Additionally, a significant challenge to digitalization is the fabric of many facilities - thick concrete walls, and lots of metal – making wireless communication tricky to implement!

Innovative technology solutions are urgently needed to unlock the full potential of asset management in logistics. Thus…

We Wonder...

Is there a one-size-fits-all tracking solution that can be effectively applied to assets as small as a screwdriver and as big as a forklift?

What innovations can help to reduce overstocking, stockouts, and misallocation of resources by monitoring inventory and issuing automated replenishment alerts?

Are there any advanced, interactive digital twin solutions that use data input from not just next-generation technologies but also legacy sensors and sources?