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Asset Tracking is a unique method of tracking physical assets like scanning of barcode labels. The major usage of GPS or RFID tags is broadcasting of concerned location. This gigantic tracking system is more or less similar to management of an inventory since an individual needs to know the details about an organization’s physical assets such as location, status, maintenance schedule & other important data. The IIOT helps the organizations in a deeper understanding of businesses processes & also analyzing data from every sensor providing for greater insight into the concerned broader supply chain. There is a list of typical methods of asset tracking that can save a huge amount of money and precious time too.


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