Assets Tracking & Inventory Management System

A QR code-based asset tracking system that helps organizations monitor and manage their valuable assets with ease.

🖼️
Mobile App

Project Overview

AssetTracker is a comprehensive asset tracking and inventory management system designed to help organizations easily track and manage their valuable assets. The solution combines a web interface for administrative functions and reporting with a mobile application for QR code scanning and on-the-go asset management.

Each asset is assigned a unique QR code, allowing for quick identification and access to detailed information. This system is particularly valuable for organizations with large inventories that need to maintain accurate records and track asset movements, conditions, and depreciation over time.

Project Challenges

Our client, based in India, provides industrial tools and materials on a contract basis to other industries. They faced several challenges in managing their vast inventory:

  • Difficulty in maintaining and tracking a large number of inventory items
  • Lack of a systematic approach to monitor asset movement between locations
  • Inefficient manual process for conducting inventory audits
  • Need for accurate depreciation calculations for financial reporting
  • Absence of a centralized system to maintain digital records of all assets
  • Challenges in quickly identifying and locating specific assets when needed
  • Requirement for historical tracking of asset movements and maintenance

Our Solution

We developed a comprehensive asset tracking system with the following key features:

Organization-Based Asset Management

A centralized system that allows organization-wide asset tracking with role-based access control, ensuring that different teams can manage their respective assets efficiently.

Check-in/Check-out System

A robust mechanism for checking assets in and out to different locations while maintaining a complete history of movements, allowing for full traceability of every asset.

Automated QR Code Generation

Automatic generation of unique QR codes and steel codes for each asset, with downloadable PDFs for printing and attaching to physical assets for easy identification.

Mobile Scanning Application

A cross-platform React Native mobile application that allows users to scan QR codes for quick asset identification, updates, and audit operations in the field.

Asset Auditing System

Comprehensive auditing tools in the mobile app enabling both manual entry and QR code scanning, with detailed audit logs and reporting capabilities.

Depreciation Calculation

Three different methods for calculating asset depreciation, providing flexibility to match accounting requirements and generate accurate financial reports.

Asset Assignment and Transfer

Functionality to assign assets to departments or individuals and track ownership changes, including complete record-keeping for asset sales or disposals.

Technical Implementation

AssetTracker was implemented as a dual-platform solution, combining a web application with a mobile app:

Backend Development

  • Ruby on Rails 5 for server-side application
  • MySQL database for data storage
  • JSON REST API for mobile app integration
  • RSpec for comprehensive testing

Frontend Development

  • React Native for cross-platform mobile app
  • jQuery for web interface interactivity
  • JavaScript and AJAX for dynamic updates
  • HTML and Bootstrap 3 for responsive web design

The project utilized a dual-architecture approach with a Rails-based web application for administrative functions and a React Native mobile application for field operations. This combination provided the perfect balance between robust backend processing and flexible mobile functionality.

The system was deployed on AWS for reliability and scalability, with GitHub SVN handling version control for both the web and mobile applications, ensuring consistent development and deployment workflows.

Results & Impact

70%

Reduction in time spent on inventory management tasks

95%

Improved accuracy in asset tracking and location information

40%

Decrease in asset loss and misplacement incidents

85%

More efficient audit process with significant time savings

Results & Impact

AssetTracker has transformed the client's inventory management process, providing complete visibility into asset lifecycle, location, and history. The key outcomes include:

  • 60% reduction in time spent on inventory audits
  • Near-elimination of lost assets, saving approximately $25,000 annually
  • Complete compliance with regulatory requirements for asset tracking
  • Enhanced forecasting capabilities for equipment replacement
  • Improved interdepartmental accountability for shared resources

Project Details

Domain

Asset Tracking & Inventory Management

Tech Stack

🛤️
Ruby on Rails
🐬
MySQL
📱
React Native
🟨
JavaScript
🔄
jQuery
🅱️
Bootstrap

Architecture

Rails Web Application & Cross-platform Mobile Application

Deployment

Web Server: AWS

Additional Tools

  • • QR Code Generation & Scanning
  • • JSON REST API
  • • RSpec Testing Framework
  • • GitHub SVN

Need an Asset Tracking Solution?

Let's discuss how we can help your organization efficiently track and manage your valuable assets.

Need an Asset Tracking Solution?

Let's discuss how we can help your organization efficiently track and manage your valuable assets.