Start with Where

Written by by Darren Newman

October 23, 2024

6 minute read

The power of the right solution in solving your biggest business challenges.

In the fast-paced world of business, challenges are inevitable. Whether it’s managing inventory, ensuring stock quality, optimising storage, adapting to fluctuating delivery schedules, identifying under-performing assets or understanding which consumables have been lost, every organisation faces a unique set of hurdles. Whilst conventional wisdom advises us to ‘Start with Why’, there’s a growing school of thought that suggests a different approach – ‘Start with Where’.

In this article, we explore the ‘Start with Where’ approach with Darren Newman, Managing Director of GlobeRanger. With 25 years of experience helping organisations to solve their business challenges, Darren and his team have found that success often begins with a simple question: Where are your assets?

  • Overcoming challenges, not selling technology
  • Understanding the value of asset-tracking
  • The power of the right data
  • Real-life challenges solved
  • Why place trust in GlobeRanger
  • What makes GlobeRanger different
  • What next?


Essentially, GlobeRanger operates as an asset-tracking company, yet the company’s main focus appears to be addressing customers’ business challenges. How do you explain this approach?

Well, we don’t just sell asset-tracking solutions. As a company, we immerse ourselves in your business, grasp your unique challenges and offer the right solutions to solve them. What sets us apart, is where we start.

According to research, 96% of businesses will fail within a decade, and only 0.5% will last 100 years. While some businesses fail due to major disasters or catastrophic events, most falter under the weight of everyday problems they can’t solve. Issues mount up as they fight to stand out in increasingly competitive and commoditised markets.

When GlobeRanger was established, it quickly became apparent that many customer pain points could be resolved by ‘knowing where your assets are’. Today, the purpose of most organisations is to turn assets into profit, in a sustainable way. By identifying which assets contribute the most to profits and which cause the most losses, we can provide the data insights needed to optimise resources and improve performance.

So, I guess this is where asset tracking technology comes in. Tell me, how does it work?

Asset tracking technology leverages the Internet of Things (IoT). It connects physical and digital objects embedded with tags, labels or sensors to the internet, enabling them to exchange and transfer data with other IoT devices and the Cloud. The Cloud serves as secure digital storage for the data, making the data available to read, use and manage at any time, wherever there is an internet connection. Most of us use IoT devices on a daily basis – whether that’s a smartwatch, a video doorbell, Amazon’s Alexa, or a smart meter for utilities.

IoT technologies pervade the home – but soon will have transformed business too

 
GlobeRanger uses RFID tagging to uniquely and automatically track inventory and assets through wireless radio frequency waves. Attaching a tag to an asset generates a continuous real-time stream of critical data, and the key to addressing your business challenges lies in what we do with that data.

So, could you explain some of the things you can do with that kind of data?

Leveraging asset tracking data gives you a superpower to achieve what you couldn’t before. For instance, it allows you to handle inventory management more effectively – both inside and outside your business. In manufacturing for example, you can monitor your assets throughout their lifecycle, pinpointing bottlenecks. You can track key dates, such as when a product is ready for the next stage in the production process, when consumables are due to expire or when a batch has been recalled. In addition, you can use the data to optimise your delivery schedules to avoid delays. You can also monitor field equipment and keep track of all pallets and tools, ensuring they’re returned rather than having to be constantly replaced.

Furthermore, by reducing the labour required for manual processes you’ll free your workers to do what they do best – which is making you the most money.

Just some of the business challenges that are best solved by starting with “where are our assets?”

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What are your key business challenges? Let GlobeRanger guide your evolution from the business you are now into one that will remain competitive into the future.

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