Asset Tracking Software Solutions

Asset Tracking buying guidance

At a glance: Asset tracking identifies and records the status or movement of reusable or operational assets—such as returnable transport items, trailers, containers, chassis, tools, and equipment—using identifiers and observations captured through processes or technologies such as scans, tags, GPS, or partner events. Identification, event sharing, and precise live location are different capabilities; the asset type and deployment determine which evidence is available. Global Returnable Asset Identifier (GRAI); GS1 EPCIS: enabling visibility with real time information on supply chain events; GS1 Traceability standard, version 1.3.0

Common workflows

Identify reusable transport equipment: Define a durable identity for each returnable asset, decide whether the business needs class-level or individual tracking, assign ownership, and specify how tags or labels survive normal handling. GS1 describes GRAI as a key suited to reusable transport items and transport equipment; adopting an identifier does not itself locate the object. Global Returnable Asset Identifier (GRAI)
Capture handoffs and location events: Map the business events that matter—dispatch, loading, receipt, transfer, inspection, return, or loss—and identify which party records each event and when it is exchanged. GS1 EPCIS describes sharing visibility-event data about objects, time, place, and business context; the source does not imply continuous GPS tracking. GS1 EPCIS: enabling visibility with real time information on supply chain events; GS1 Traceability standard, version 1.3.0
Select an observation method for the operating environment: Compare scan points, RFID read zones, cellular or satellite devices, power options, coverage gaps, and maintenance responsibility against asset value and route. Separate an identifier or last reported event from a current position estimate and test how stale, duplicated, and missing events are shown. Global Returnable Asset Identifier (GRAI); GS1 EPCIS: enabling visibility with real time information on supply chain events

Questions to ask providers

What asset classes, individual units, and ownership boundaries are in scope, and which identifier is retained over the asset's life?
Does the proposed method report an event, an approximate last-known location, or a continuously sampled position, and what is the evidence source for each?
Which scan, tag, gateway, device, power, network, roaming, and replacement components are included in the design and quote?
How are missing, duplicated, delayed, out-of-order, and contradictory asset events reconciled across carriers, 3PLs, and customer systems?
What permissions, retention, data export, partner access, device security, and decommissioning controls apply to the tracking records?
How will the pilot measure identifier-read rates, event completeness, location age, battery service, and recovery workflow without extrapolating beyond the tested routes?

Frequently asked questions

What counts as an asset for tracking?

A supply-chain asset can include reusable transport items, transport equipment, tools, or other identified objects. GS1's GRAI key is especially suitable for reusable transport items and transport equipment; buyers still need to choose what their own asset register covers. Global Returnable Asset Identifier (GRAI)

Is asset identification the same as GPS tracking?

No. An identifier labels which object is involved, while GPS or another observation method may report a position or event. GS1 GRAI describes an asset key, and EPCIS describes visibility-event sharing; neither by itself promises continuous GPS coverage. Global Returnable Asset Identifier (GRAI); GS1 EPCIS: enabling visibility with real time information on supply chain events

What is EPCIS used for?

GS1 describes EPCIS as a standard for sharing supply-chain visibility-event information about physical objects and business events. It can support event exchange between applications and trading partners, but a buyer must still define which events, identifiers, interfaces, and responsibilities apply. GS1 EPCIS: enabling visibility with real time information on supply chain events

Should a business track a container, trailer, and tractor in the same system?

They may be connected operationally but have different owners, identifiers, devices, and observation patterns. Model each asset type separately, then test how a system links a trailer or container to a load and journey without treating a powered-vehicle telematics feed as proof of cargo position. Global Returnable Asset Identifier (GRAI); GS1 EPCIS: enabling visibility with real time information on supply chain events

Can asset tracking prevent theft or guarantee recovery?

No tracking standard or category definition guarantees prevention or recovery. A buyer should evaluate alert coverage, power, communications, response ownership, police or insurer procedures, and actual incident evidence before assigning an expected outcome. GS1 EPCIS: enabling visibility with real time information on supply chain events

How should a tracking pilot be measured?

Use a defined asset population and route sample, and separately measure identity match, event completeness, observation freshness, coverage gaps, device servicing, and exception resolution. Do not generalize one pilot's route or asset mix to all operations. GS1 EPCIS: enabling visibility with real time information on supply chain events; GS1 Traceability standard, version 1.3.0

Sources (3)

Read the full Asset Tracking buying guide