What is Asset Tracking?
Asset Tracking involves tracking of such physical assets as furniture and fixtures found in the office, laboratory, classroom, plant, and expensive machinery and equipment as well as returnables such as containers and pallets. Most often this process is performed by scanning a bar code on a label that has been affixed to the asset; however, asset tracking may also involve reading an RFID tag or a label with a human readable number only that is documented by hand.