Pipeline Companies Unearth the Benefits of Fixed Asset Management

Pipelines are the lifelines of energy and are the foundations on which a majority of our tasks are built on. Gasoline makes travel possible be it flight, car or train. The pipelines also fuel the trucks that help groceries and supermarkets receive and store what we need. Pipelines make our lives convenient!

Pipeline companies range from small local ones to large regional ones. Pipeline companies help to transport fuel from the manufacturers to consumers.

With the world’s largest network of pipelines, the U.S. has more than 207,800 miles of liquid fuel pipelines and more than 300,000 miles of pipelines that supply gas.

Safety and integrity of pipelines

The safety and integrity of the pipelines are a major concern of pipeline companies. Deterioration evaluation is a must because of damage due to corrosion or other defects. Breakages are also common in pipelines. Identifying various factors that impact the remaining service life of the pipelines is crucial to make an accurate estimation of costs.

The prediction of pipeline life is as important as scheduling ideal intervals for inspection and choosing protective or repair actions.

GoCodes asset tracking helps in incorporating all the required data into one single asset and inventory tracking system.

Asset tracking for pipeline companies

The asset management system helps pipeline companies to:

• Establish a systematic way for maintenance
• Perform risk assessment to predict and prevent leakages
• Improve reliability of assets through the prediction of failures
• Scheduling and better planning of replacement, repairs or redeployment
• Optimizing asset performance

With GoCodes asset tracking system, all you need is a smartphone and a cloud-based software that does not need any downloads or licenses.

Asset tracking and inventory management are easy and convenient, unlike GPS tracking, which needs to be sent to a center for their installation. You can get a unique digital ID or a serial number for every asset to simplify your asset tracking. You can either use QR codes, barcodes or RFID tags. Using the smartphone, any field staff or operator can quickly scan the QR label to retrieve all data related to the equipment. Inventory tracking and maintenance schedules also become hassle-free with GoCodes asset tracking system.

The manpower required to manually enter the data of each equipment is cut down which saves costs. Time needed to maintain spreadsheets and carry out manual inventory tracking or asset tracking is also saved. As each equipment is scanned into the system, there is always a ready record of the inventory.

Pipelines need to be rigorously inspected and maintained to avoid disastrous leakages and bursts. Besides, improving the efficiency and productivity drives the profitability of every pipeline company. A quick QR code scan can retrieve all of the audit or maintenance details which minimize costly errors or duplicate entries.

Details including the date of manufacturing, procurement, repair status, and the inspection last carried out are critical to pipeline companies. Theft of costly equipment can also be a reality in the field and in remote locations where the pipelines run through.

GoCodes asset tracking system makes it easy to track the equipment or asset from anywhere in the world.