Asset tracking software prepares and approximate schedule of the usage of the materials in the stores. It helps the storekeepers regarding the requirements of new batch of materials. Incase of any complain regarding the finished goods Asset tracking software helps in detecting the batch of materials which was used to produce that respective product. It ultimately increases the productivity by saving time in manual calculation and frequent physical examination. Asset tracking software also keeps a record of the procurement sources of the raw materials and the clients to whom the finished goods were sold. This helps the management to prepare a strategy which suits the respective client.