Asset Traceability Solution

Company asset management is a challenging task for manufacturers and third-party logistic service providers. In a manufacturing plant main asset types like raw materials, work in progress, and finished goods are difficult to track due to their dynamic behavior and liquidity. 

Asset Traceability Solution

Company asset management is a challenging task for manufacturers and third-party logistic service providers. In a manufacturing plant main asset types like raw materials, work in progress, and finished goods are difficult to track due to their dynamic behavior and liquidity. 

Third-party logistic service providers come across managing billion-dollar worth of client assets daily. Management of warehouses needs extra special attention.

Identifying the challenges faced by organizations X.O concepts presents a variety of asset management solutions built on industry 4.0 technologies. The solutions are sophisticated and can be customized according to the client’s requirements. 

 

Benefits of the solution

 

  1. Provide real-time visibility on asset movement. 

Our solution captures your asset movements throughout the supply chain. It enables the ability for the management to make quick decisions depending on the situation. 

 

  1. Prevent the loss of goods 

Due to the dynamic behavior of some organization assets, there is a tendency to misplace goods unknowingly. Our solution prevents it by keeping track of every step of an asset. 

  1. Track your assets both inside and out of the manufacturing premises  

As the supply chain starts from the supplier and ends with the customer, there is a requirement of tracing the asset outside the factory/warehouse premises. Our solution provides the ability for that with enabling vehicle tracking solutions. 

  1. Provide leads to insightful decision making 

Manufacturing and warehouse management processes contain a lot of unstructured hidden data. Information like the Defect rate of the goods, return the number of products can be derived using the solution. 

  1. Eliminate manual data entry

Operators must manually record the data about good dispatches, arrivals, etc. The accuracy of data depends on the employee who enters the data which leads to human errors. Our solution eliminates the requirement of manual data entering which leads to more accurate data collection and reduced paperwork. 

 

6. Customizable solutions for customers 

The requirements inside the term asset tracking vary from company to company. Optimally using Industry 4.0 technologies we provide flexible solutions adapt for the requirement of the client.