Asset Management Categories
GPS tracking systems classify assets into mobile equipment, vehicles, and fixed assets. Each category requires specific monitoring approaches based on usage patterns and risk factors.
Must-Have Features
- Real-time location tracking
- Geofencing capabilities
- Automated alerts
- Historical data recording
ROI Impact Analysis
Implementation of GPS tracking systems reduces operational costs by 12-15% through improved resource allocation and theft prevention. The technology enables data-driven decisions that optimize asset utilization.