Mar 16-19, 2026Las Vegas, Nevada, NV
SAP Asset Tracking
Asset Tracking is the practice of understanding all the physical assets that a company has and tracking them. Examples of physical assets are generators, vehicles, computers, or other equipment. Most often this is done by a GPS tracking system, a bar code scanner or a RFID (radio-frequency identification device). Asset tracking is a good practice for all businesses, but it is becoming a necessity in some industries.
SAP asset tracking is part of Enterprise Asset Management with SAP Business Network for Asset Tracking. It is a centralized cloud-based hub using the Internet of Things (IoT) for an automated tracking solution. Asset performance is optimized by collecting, sharing, and tracking equipment usage information across a network, for collective asset management among business partners.
Key Capabilities of SAP Business Network for Asset Tracking include:
- Cloud based deployment: The cloud has minimal IT costs, low maintenance, and security management.
- Integration with SAP solutions: Ability to connect with other SAP solutions like SAP S/4HANA.
- Intuitive user experience. Simplifies the user experience by the SAP Fiori user experience.
- Collaborative partner relationships. Business partners have free basic membership to collaborate.
- Digital vehicle hub. Across the automotive and mobility value chain, you can enable new monetization streams.
Asset Tracking is the practice of understanding all the physical assets that a company has and tracking them. Examples of physical assets are generators, vehicles, computers, or other equipment. Most often this is done by a GPS tracking system, a bar code scanner or a RFID (radio-frequency identification device). Asset tracking is a good practice for all businesses, but it is becoming a necessity in some industries.
SAP asset tracking is part of Enterprise Asset Management with SAP Business Network for Asset Tracking. It is a centralized cloud-based hub using the Internet of Things (IoT) for an automated tracking solution. Asset performance is optimized by collecting, sharing, and tracking equipment usage information across a network, for collective asset management among business partners.
Key Capabilities of SAP Business Network for Asset Tracking include:
- Cloud based deployment: The cloud has minimal IT costs, low maintenance, and security management.
- Integration with SAP solutions: Ability to connect with other SAP solutions like SAP S/4HANA.
- Intuitive user experience. Simplifies the user experience by the SAP Fiori user experience.
- Collaborative partner relationships. Business partners have free basic membership to collaborate.
- Digital vehicle hub. Across the automotive and mobility value chain, you can enable new monetization streams.
By monitoring the condition of their assets, companies learn when an upgrade or replacement is needed to maintain productivity and have a competitive advantage. Asset tracking helps companies find better, more efficient ways of doing things. It integrates all the tracking into one interface, eliminating manual paperwork or spreadsheets.
Benefits of SAP Business Network for Asset Tracking are:
- Collaborative asset management. Enables the ability to share best practices of optimal management.
- Asset Management all in one place. A single repository for equipment information to enable effective management and customer service.
- Exchange asset performance feedback. Ability to connect with manufacturers, operators, or service providers to share performance analytics.
Vendors partners for asset management are: Movilitas, SAP, Precisely, Prospecta Software
Key Considerations for SAPinsiders:
- Capital Expenditure Management with SAP Fiori. Read the case study on how an integrated suite of SAP Fiori Apps can manage your capital expenditure from an annual budget through expenditure requests, projects, and asset capital management. The eBook shows common CAPEX challenges from companies and how SAP Fiori is a great platform for digitalization.
- Take Asset Management Planning to the Next Level. Read the article about how companies are realizing that asset management is not just about keeping up with assets. It is about balancing cost, risk, and performance to meet the company’s overall objectives. Discover how to bring advanced and strategic views of asset management to your organization.
- Connecting Manufacturing Products and Assets. This exclusive Q & A on loT disruption of the supply chain with SAP’s Thomas Ohnemus and Richard Howells, explains how loT can help businesses drive value from connected products, assets, and manufacturing. Discover key insights on how loT is transforming the world and how organizations should take part in this transformation.
273 results
Centralizing and Streamlining Asset ManagementApr 8, 2025 — Effective asset maintenance is crucial for minimizing downtime and maximizing equipment lifespan, and by utilizing centralized platforms like Rapid Asset, businesses can streamline operations, proactively manage maintenance, and reduce costs associated with outdated practices and organizational inefficiencies.
3 minute read
How Returnable Asset Tracking Enhances ProductionJan 28, 2025 — Returnable asset management is widespread in today’s global supply chains, with an increasing number of companies opting for durable, multi-use transport items to move their products from A to B. The key to maximizing ROI for these returnable asset management systems is traceability
4 minute read
Mobile Barcoding in WarehousingMar 17, 2023 — The COVID-19 pandemic created a “new normal” for businesses and magnified the challenges of warehouse operations. Warehouse executives now need to innovate and design scalable systems to accommodate unanticipated demand and manage associated challenges. Computing and technology advancement, specifically edge computing, has enabled organizations to tactically leverage smart devices and mobile solutions. Miniaturization, increased performance and energy efficiency, and lowered smart device production costs have contributed to intelligent mobile devices adoption on warehouse floors. Smart sensor computing capabilities have improved significantly, allowing data processing and analysis at or near the source (“edge computing”) and minimizing the data transferred between the device and the platform. All these elements create a fertile ground for mobility solutions proliferation. Mobile barcode technology has taken center stage with an increase in the adoption of mobility solutions.
3 minute read
Achieving Effective and Efficient Asset ManagementJul 11, 2022 — In heavy asset intensive industries from manufacturing and processing facilities through to Rail, Aerospace, Utilities, Oil & Gas and Mining operations, the largest operational expense beyond the CAPEX of building the plant resides in maintaining the equipment required to do the job.
11 minute read
About the Tech Chat: Complete Lifecycle Tracking for Returnable Assets with SAP Corporate SerializationJul 17, 2024 — In a world where circular economy principles are gaining momentum, tracking your products throughout their lifecycle isn't just a strategy—it's a game-changer. Embracing sustainability intertwines deeply with supply chain visibility, providing clear insights from creation to consumption. This is where SAP Corporate Serialization (CorS) steps in, offering a cutting-edge solution to the complexities of modern serialization. Whether dealing with returnable items like gas cylinders or rotables in industries such as Automotive, Consumer Products, and Medical Devices, SAP CorS ensures product authenticity and enhances Digital Supply Chain efficiency.
1 minute read
Leveraging AI with SAP BTPFeb 6 — The SAP Business Technology Platform (BTP) combines enterprise resource planning with generative AI and advanced analytics, enabling businesses to automate processes, achieve data integration, and enhance efficiency, thereby maintaining their competitive edge in a rapidly digitalizing landscape.
3 minute read
Why TechWave Believes Industry-Specific AI Will Define the Next Phase of SAP InnovationJan 12 — As SAP pushes deeper into embedded, process-aware AI, services partners increasingly position industry context as the differentiator between interesting copilots and measurable business outcomes. TechWave, a global IT services and solutions partner with SAP expertise, argues that the next phase of SAP innovation will be shaped less by generic generative AI and more by industry-specific […]
3 minute read
Why SAP Customers Are Using Camunda to Orchestrate ServiceNow-Centered ProcessesDec 22, 2025 — As SAP customers modernize their IT infrastructure, they increasingly rely on ServiceNow for IT service management while integrating orchestration tools like Camunda to streamline and manage complex, cross-system processes, ensuring better execution, visibility, and reduced customization challenges.
3 minute read
What is SAP Supply Chain Management (SCM)?Dec 5, 2025 — SAP Supply Chain Management (SCM) enhances supply chain efficiency and effectiveness through features like end-to-end visibility and predictive analysis, addressing challenges such as demand volatility and resource wastage to improve consumer satisfaction and business performance.
3 minute read