Having the right asset at the right place at the right time during the manufacturing process is essential.
Additionally, the care and feeding (i.e. maintenance) of assets is paramount in order to ensure they are
available when needed.
- Portable machines, tooling and components required for the manufacturing process may not be
in the appropriate physical location (wrong building, wrong assembly line, in the repair shop).
- Tagging movable assets provides information about their whereabouts, usability, availability and
status. Assets can be identified and located well in advance of when they are needed and
scheduled accordingly. Tagging reusable assets such as machines, fork lifts, tools, fixtures and
material handling devices is one of the easiest ways to maximize utilization.
- Asset availability, utilization and physical inventories are improved and associated costs