Asset Utilization

A metric measuring how effectively assets are used relative to availability, calculated through RTLS tracking data. Enables precise measurement of active versus idle time, location patterns, and usage frequency. Common metrics include active time percentage, distance traveled, and time in productive zones. Reveals opportunities for redeployment, fleet reduction, and capacity optimization.

Metric measuring how effectively assets are being used relative to their availability. RTLS enables automated asset utilization calculation by tracking: time in use (asset moving or in designated work zones), idle time (stationary in storage/staging areas), maintenance time (in repair zones), and unavailable time (outside facility or in restricted areas).

Typical industrial utilization rates: forklifts 40-65% (excluding breaks and charging), specialized manufacturing equipment 55-75%, tools and fixtures 15-35%. Low utilization (below 30%) indicates over-investment in assets or inefficient allocation; very high utilization (above 85%) suggests insufficient capacity for demand peaks. RTLS-based utilization tracking eliminates manual logging, provides shift-by-shift trending, and identifies specific assets for reallocation or retirement. Organizations typically achieve 15-25% reduction in required asset inventory through utilization-based optimization.