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Seamless Asset Tracking: A Real-World Success Story from Manufacturing Client

Spotlight
A leading manufacturing firm faced rising equipment loss, manual tracking inefficiencies, and asset misplacements across multiple locations. By implementing Asset Manager 365, they replaced outdated spreadsheets and paper logs with a real-time digital system that tracks assets by location, status, and usage. The result? A 40% reduction in asset loss, 70% faster audits, and full visibility across all sites.
Highlights
Reduction in Asset Loss
Faster Audit Completion
Real-Time Asset Visibility
Customer’s Speak

Mike Reynolds
Legal Operations Manager
“
Managing contracts manually led to missed deadlines, compliance risks, and inefficiencies. With SharePoint Contract Management, automation streamlined workflows, reduced manual effort, and ensured compliance. Now, we focus more on clients instead of paperwork.
Challenges
Scattered Asset Records
Different sites used a mix of spreadsheets, paper logs, and whiteboards to track assets, leading to frequent errors and inconsistent records. Without a centralized system, verifying asset status was difficult, and miscommunication between teams often caused double bookings and lost equipment
Manual Audits and Check-ins
Audits took weeks to complete due to manual asset counting, paper-based logs, and disconnected systems, often causing operational delays. Staff had to locate each item physically, which was both time-consuming and prone to error. Missing or outdated records frequently led to audit delays and compliance issues.
Frequent Equipment Misplacement
Without location tagging or ownership tracking, tools and machinery often went missing, leading to replacement costs and downtime. There was no way to trace who last used the equipment or where it was last seen. This lack of accountability resulted in frequent disputes and disrupted project timelines.
Lack of Visibility Across Locations
With no unified dashboard, the operations team couldn’t get a clear view of where assets were, how they were used, or when they were due for maintenance. Data was scattered across departments, making it hard to identify underused or missing assets. This limited visibility also hindered proactive maintenance planning and budget forecasting
Solutions
Centralized Asset Repository
Asset Manager 365 offered a single, cloud-based platform for tracking assets company-wide—standardizing entries and eliminating silos.
QR Code-Based Check-In/Out
Assets now carry unique QR codes. Staff can scan them via mobile to log check-ins and check-outs instantly.
Geo-Tagging and Usage History
Each asset’s location, user, and movement history is automatically logged, helping prevent loss and unauthorized usage.
Real-Time Visibility and Reporting
Custom dashboards and reports provide real-time insights into asset status, usage, and availability—accessible to managers across all locations.
Results & Business Impact
40% Reduction in Asset Loss
With real-time tracking and accountability, asset misplacement was drastically reduced across departments and locations.
70% Faster Audit Completion
Digital logs and automated check-ins turned multi-day audits into a matter of hours—without disrupting daily operations.
100% Real-Time Asset Visibility
The company now tracks every asset’s status, user, and location at any given moment—improving planning and minimizing downtime.
Industry
Consulting and IT Services
Location
USA, Texas
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Automating Contract Management Boost Compliance & Efficiency
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%201%20(2)_BYY2CYLVD2.png)
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%201%20(2)_BYY2CYLVD2.png)
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%201%20(2)_BYY2CYLVD2.png)
Automating Contract Management Boost Compliance & Efficiency
Read more