Equipment rental businesses are fundamentally about return on capital - maximizing the rate of return on investment in your assets and inventory.
The trick is knowing how to actively optimise equipment and supporting inventory: sell equipment that is not generating enough revenue, buy more of the equipment that is, or move equipment to where it's likely to perform better.
To do this, management teams need to routinely analyse TRENDS in equipment performance and utilisation by location, product line, revenue, value, costs, etc. Trending on several dimensions allows managers to see the difference between a blip and a pattern.
Our product, TRACS, provides this kind of business intelligence. It’s an operational system that users across the business (sales, operations, maintenance, warehousing, and logistics) use to do their daily jobs. This ensures trend analysis is based on reliable and accurate data. A truly operational system - not just record keeping.
TRACS can be integrated with any ERP or finance system giving uncompromised operations support combined with financial rigour. It currently manages hundreds of millions of dollars of rental equipment in over 25 countries on 6 continents.
Company Details
- Employees
- 3
- Founded
- -
- Address
- 11 Bon Accord Crescent, Aberdeen,ab11 6de,united Kingdom
- Industry
- Software Development
- NAICS
-
Software Publishers
- Website
- tracsassets.com
- Keywords
- Oil & Gas, Asset Tracking, OCTG, Rental Management, Oilfield Equipment, Inventory Control, Software as a Service (SaaS), Inspection, Repair and Maintenance Management, ERP Integration, Equipment Lifecycle Management, Energy Industry, Equipment Cataloging, Enterprise Class Software, Streamlined Administration of Equipment, Mobile Applications, Field Workflows, Supply Chain Management, Operational Efficiency, Equipment Utilization, Financial Administration.
- HQ
- Aberdeen
Tracs - Equipment Rental & Inventory Management Software Questions
Tracs - Equipment Rental & Inventory Management Software's website is tracsassets.com
Tracs - Equipment Rental & Inventory Management Software's LinkedIn profile is https://uk.linkedin.com/company/tracs-assets-ltd
Tracs - Equipment Rental & Inventory Management Software has
3 employees.
View email and phone details for 3
employees at Tracs - Equipment Rental & Inventory Management Software.
Tracs - Equipment Rental & Inventory Management Software's industry is
Software Development
Tracs - Equipment Rental & Inventory Management Software's top competitors are
Tinq,
Scan Im Inventory Management,
Golden Triangle Inventory Management,
Tracs Llc,
Effective Inventory Management, Inc.,
Fobesoft,
Elevator9 Inc.,
Nimbus Blue,
Dead Inventory Management System, Llc.,
Stagetimer.io.
Tracs - Equipment Rental & Inventory Management Software's categories are Software Development
Tracs - Equipment Rental & Inventory Management Software's founding year is 2007
