Asset tracking or dynamic data can be captured in one of two ways. First by scanning barcodes when assets move and indicate where it is going, i.e., from inventory to in-service, from in-service to repair, from repair back in to inventory or from in-service to scrap.
Secondly, by downloading work order data into an asset database from client CMMS systems. Dynamic data is required to enable remote or on-site reliability engineering activities.
Customers track Asset movement by scanning the barcode and indicating where the asset is being removed from and indicating where it is moving to. This dynamic data keeps the database current and is used for future analysis (see Reliability Engineering).