Asset Tracking and Management
Improve the food services supply chain efficiency by tracking and managing your assets
Key benefits
- Reduce operational costs
- Reduce capital investment
- Improve supply chain visibility
- Reduce wastage
- Increase sustainability
Your food service supply chain assets, properly managed, can be a powerful tool to support efficient and sustainable supply chain practices, helping you to free valuable capital and resources by reducing the time and money spent on transportation.
As a food service operator, your challenge has always been to effectively track and manage your assets. The assets are often used by other companies, with little accountability, so manual audits are very inaccurate and at best can only give a snapshot of your current position.
Poor management and tracking of assets causes lost revenue and increased costs. Effective asset management enables you to track and trace your assets by increasing visibility throughout the supply chain. This enables you to use your assets efficiently, boost supply chain efficiency and improve the maintenance and repair of the assets through their life to:
- increase the number of monthly round trips by 16% – more cycles means lower operating costs, lower asset inventory and lower cost of ownership
- reduce annual asset loss by 7.5% through more accurate tracking and greater accountability throughout the supply chain
- reduce asset requirements by 20% through reduced losses and better utilisation
Contact us to:
- talk to our experts about how you currently track your assets and how we can help you implement an RFID or bar code based solution
- take part in a webinar session where you can learn more about the benefits of GS1 standards in asset tracking
- arrange a visit to our RFID Solution Centres so you can learn how you can benefit from RFID
T: 020 7092 3500
E: info@gs1uk.org
Useful documents & links