Komtrax is Komatsu's asset tracking system. The ability to track or see
where your machines are at anytime of the day or night is a major part
of asset management.
Why is asset management important?
The best reasons to have an asset management program in place are to
deal with risk management, budgeting and planning. Asset management
is the most important area of business operations when you need to
increase profits without increasing overhead. Asset management is a
combination of many elements, including managing, purchasing, inventory, leasing, sales, finance,
scheduling, maintenance and repairs, to name a few. Asset tracking, via
Komtrax, will provide some of the necessary information needed to support the
previously mentioned functions. Not only will effective asset management
increase profitability and utilization, it will provide quantitative data you can
use to make impacting decisions regarding used machine sales and cost
Why do I neet to worry about asset management?
Asset management is about getting the information you need to best serve
your customers and keep your equipment inventory properly managed to
get the jobs done. The end result is noticeable returns through increased
revenues and profits.
How will Komatsu's Komtrax system help?
Komtrax will provide an affordable, useful and effective tool for tracking
your equipment. Not only will Komtrax provide you with information on
your machine, such as SMR, location, movement data and machine specs;
it will also allow you to integrate that information with fleet management
programs you may already have in place. Scheduling services or periodic
maintenance can be as easy as clicking a button. You can generate reports
showing usage, location and other information which is extremely helpful
in determining billable hours, revenue and cost-per-hour figures, not to
mention trends for a specific machine, customer, operator or time of year.
Komtrax will enable you to see the current status of your machines anytime,
anywhere. Currently, Komtrax is capable of reporting global positioning
upon starting the machine or within minutes after requesting a current
location. The service meter readings from the machine are stored on the
website and updated daily, as are current operation maps, which show
you the times of day the machine was running.
All of these 'modest' benefits add up to generate the big picture, which is
increased productivity and utilization due to a decrease in downtime,
reduced repair cost and reduced administration cost. This all adds up to
increased revenues and gross profit.