An asset management system can improve material handling by providing real-time visibility and control over the location, condition and utilization of material handling equipment. This can help optimize the use of equipment, reduce downtime, improve maintenance planning and extend the life of equipment. An asset management system can be used to track inventory levels and usage, helping to ensure that the right materials are available when they are needed and reducing the risk of stockouts. It also can provide data and analytics that can be used to identify trends and patterns in material handling, which can help to identify opportunities for improvement.