The technical term for locating and tracking goods or other objects is called ” asset tracking”. It helps with the inventory of movable goods, the accounting of rented equipment, theft protection, or proof of the authenticity of goods. This makes asset tracking a prerequisite for the digitization of certain processes in companies.
Asset tracking is based on IoT modules that send all measured values to the cloud. They can be integrated directly into the production of goods, packaging, and transport containers or can be added later. The data is transmitted over different networks. They each have their own strengths and weaknesses and are only suitable for very specific areas of application.