Why Tracking?

Why Tracking?

In today’s marketplace, there is increasing pressure to improve operational efficiency to reduce costs and remain competitive. Additionally, organisations are constantly looking for new innovation to provide competitive advantage through an improved customer experience. A key area of inefficiency and cost in many organisations is the process of locating and tracking key assets. Organisations operating over a large campus will have many mobile assets such as equipment and people moving around on a regular basis. It is often difficult locate these assets quickly and easily when needed, leading to financial impact in the form of increased operational costs, inefficient processes and reduced staff productivity.

These benefits can be significant and will vary from organisation to organisation, however, the key benefits can be grouped as follows:

Equipment Costs:
• Improved equipment utilisation leading to lower equipment purchase and rental costs.
• Reduction in misplaced or hoarded equipment
• Reduction in stolen equipment
• Reduction in faulty and inaccurate equipment
• Reduction in legal liability claims due to un-maintained equipment
• Better visibility of asset availability and utilisation to support procurement decisions
• Improved asset library operation

Process efficiency:
• Improved access to key equipment when required
• Improved access to medical equipment during critical events
• Improved visibility and allocation of free beds on patient admission
• Improved visibility of asset usage, helping to understand spread of HAIs (i.e. MRSA)
• Improved patient turnaround and reduced overnight stays

Staff productivity:
• Reduction in time spent by staff searching for equipment/raw materials/products
• Improved morale across staff and reduced staff attrition and recruitment costs
• Reduced staff costs through better utilisation of the existing resource base
• Improved morale across staff and reduced overall staff attrition and recruitment costs