It may be surprising to know that for some companies, losing track of their solid waste compactor assets is a relatively common occurrence. There are several reasons why a stationary waste compactor can become lost:
- A solid waste compactor gets moved for convenience and no one tells the asset manager.
- An asset manager orders equipment to be moved for waste compactor repairs but fails to update their records.
- Customers who rent solid waste compactors take them outside the agreed-upon area outlined in their contract.
- Equipment is misplaced in a pooling yard.
- Industrial compactors are stolen from jobsites.
- Paperwork for asset tracking is inaccurately reported or misfiled.
However, the task of trash compactor tracking is now easier with GPS asset tracking and asset management solutions. GPS, which stands for “global positioning system,” uses satellite technology to triangulate the locations of tagged assets in the most accurate way possible.
Here are a few of the ways that solid waste compactor equipment tracking is simplified with a reliable asset tracking solution:
Equipment Tracking for Solid Waste Compactor Assets
Trash compactor management is very similar to equipment rental and trailer tracking — it has a lot to do with location awareness and contract enforcement.
Live Tracking of Stationary Waste Compactor Assets
With GPS-based asset tracking solutions, you can receive regular automated reports concerning your assets. These trash compactor tracking reports include a wide variety of information, such as:
- Pinpoint-specific locations of all GPS-tagged portable and stationary waste compactor assets;
- The specific geographic location of each tagged solid waste compactor — 24/7, 365 days a year; and
- When and where assets have moved.
Automatic Alerts When an Asset Moves to/from a Specific Location
A reliable and agile GPS tracking solution, such as Rastrac’s asset tracking software, instantly alerts asset managers whenever an asset either enters or leaves a specific area. This is done through the use of geofencing technology. A geofence is a virtual boundary in the software map that represents specific geographic coordinates in the real world. It can be used to track everything from stationary waste compactor assets and mobile assets to people. This technology is particularly useful for enforcing rental contracts.
For example, say you rent out a solid waste compactor to a client to use for several months at a specific jobsite. You set up a geofence perimeter around that particular geographic area using Rastrac’s asset tracking software, which notifies you once the solid waste compactor is placed at the location. You don’t think anything more about it until three weeks later when you receive another notification that the asset has moved out of the geofenced zone. Using your software dashboard, you can track its progress on the road.
This equipment tracking capability provides you with the information you need to reach out to your customer to find out what is going on with the asset and plan your next steps.
Mitigate Expensive Equipment Replacements Due to Loss and Theft
When it comes right down to it, every business is concerned about their bottom line. By tracking your equipment and receiving notifications about it entering or leaving designated areas, you can help to reduce thousands of dollars in unnecessary costs that can result from a solid waste compactor becoming lost or stolen. If your equipment is stolen, asset tracking also provides you with valuable information to help law enforcement recover your assets.
Learn more about how Rastrac’s trusted asset tracking software and GPS devices can help you keep a close eye on your industrial compactors. Contact one of our project consultants today.