Asset Tracking
Asset tracking is a systematic process of monitoring and managing physical or digital assets throughout their lifecycle, using technologies like barcodes, RFID, GPS, or IoT sensors to collect data on location, status, and usage. It enables organizations to optimize resource allocation, reduce losses, and improve operational efficiency by providing real-time visibility into asset movements and conditions. This concept is widely applied in industries such as logistics, manufacturing, healthcare, and IT to track equipment, inventory, vehicles, or software licenses.
Developers should learn asset tracking to build systems that enhance asset management, such as inventory control apps, fleet monitoring solutions, or IoT-based tracking platforms, which are critical for reducing costs and improving productivity in supply chain and operations. It is particularly valuable when creating applications for logistics, retail, or enterprise resource planning (ERP) where real-time data on assets is essential for decision-making and compliance.