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Also serving Palghat
In Palakkad most of the capital is bolted to a floor or parked in a yard. Asset software says where each machine stands, who holds it and when it was last serviced.
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An example
It is Tuesday, and a small engineering unit in one of the Shoranur estates is counting what it owns. The accounts clerk walks the shed with a handheld, reading the tag on each lathe, the welding sets, the compressor and the overhead crane. Every read lands against that shed as its location. Two dies do not answer. The system shows both were issued to a job worker in Ottapalam in March and never booked back, and the owner rings him before lunch. By evening the register matches the floor, the schedule the auditor wants is ready, and the quarter's depreciation has already posted itself.
Walk a shed in the Olavakkode or Karakkad estates and the worth of the business is in plain sight: lathes, presses, a compressor, a forklift, racks of dies and gauges. The record of all that is usually one spreadsheet, opened when the auditor asks. It carries machines sold years ago and misses the ones bought last season.
ERPNext asset management gives each item its own record: purchase value, location, custodian, warranty, insurance, depreciation, service schedule, breakdown history and eventual disposal. Depreciation posts to the books without retyping. Tags may be barcode or RFID, read with Zebra handhelds, so verifying a shed becomes a walk with a scanner instead of a week of hunting.
Case studies

DSV Global Transport and Logistics
DSV — ERPNext Asset Tagging Cut Untraceable Assets 21%

Nael General Contracting LLC
Nael General Contracting — One ERPNext System Cut Procurement Cycle Time 35%

EVM Wheels (part of the EVM Group)
EVM Wheels — 70% of Self-Drive Rentals Now Book Themselves Through the App
Once a year somebody reconciles a list nobody has touched since. Scanning each tag where it stands rebuilds the register from the floor upwards, and a transfer between two sheds is recorded on the day it happens rather than guessed at in March.
Small, valuable, movable items leave for calibration, job work or a sister unit and nobody notes it. Custody against a named person, with a return date and a calibration date, makes the absence visible while the item can still be recovered.
A compressor or a dryer gets attention when it complains. Preventive tasks set by calendar or running hours, with checklists and the spares linked to the machine, let an engineer plan the work in a quiet week instead of losing a shift in a busy one.
An asset project starts with a walk, not a screen. Our engineers drive from Kochi to your Palakkad premises, go through the plant or yard with your maintenance and accounts people, tag what is there and photograph it. Opening values and methods are settled with your auditor. Schedules are loaded next, and the first annual verification is supported remotely.
Discovery. Your assets, locations, custodians and maintenance routine.
Blueprint and fixed scope. A clear plan, the deliverables and the timeline, agreed in writing before configuration starts.
Configuration. Asset registers, movements, custody, maintenance schedules and depreciation.
Data migration. Asset records with locations, custodians and book values.
Training, go-live and support. Your team tests on real data, we stand beside you at launch, then support continues under a plan.
The scope and timeline are agreed in writing before work starts.
Manufacturing and engineering (Kanjikode)
Plant registers down to component level, calibration dates for gauges and instruments, die and mould custody, breakdown logs with downtime against each machine, and capital work in progress while a new line is being built.
Rice milling and agro-processing
Boilers, dryers, hullers, sorters and conveyors serviced in the gap between procurement seasons, spares drawn from the same stores stock, and hire records for equipment lent to neighbouring units.
Logistics and warehousing
Forklifts, pallet trucks, racking and weighbridges held by site, with battery and tyre history, insurance and fitness renewals, and a clean trail when equipment shifts from one godown to another.
Barcodes are enough where every item can be reached and counted once or twice a year. RFID earns its place where items are many, small and movable, such as dies, tools and computers, or where verification has to happen often. Plenty of sites use both.
Rates and methods are set by asset category, and separate books can run so that company law and income tax figures sit side by side. Schedules print in the format auditors expect, and every line traces back to a purchase invoice and a location.
Yes. Mills and workshops often begin with the machine list, the service calendar and the breakdown log, then add the financial register later. Because it is one system, spares come out of the same stores and their cost lands in the same accounts.
After a first conversation about your assets, sites and how they are tracked today, we agree the scope and send you a written quotation. The price, the deliverables and the timeline are fixed against that scope before any work starts, so nothing grows without your sign-off.
You speak to someone who does this work, not a call centre. They ask about what you track, across how many sites, and how it is recorded now. If it looks like a fit, we agree the scope and put it in writing, with the timeline, before any work starts. If it does not, we tell you.
Indian Institute of Technology Palakkadinstitution
the only IIT in Kerala, at Kanjikode; started in 2015, now around a thousand students, with technology-innovation and IHub foundations
A campus at Kanjikode holding laboratory, workshop and computing equipment bought under grants, the kind of holding that must be verified, insured and depreciated department by department.
Source: iitpkd.ac.inSIDCO Industrial Estates, Olavakkode and Karakkad (Shoranur)park
Two full SIDCO estates (about 53 units at Olavakkode near Palakkad Junction, about 48 at Karakkad, Shoranur), plus a SIDCO industrial park at Shoranur and mini estates at Ottapalam, Vaniyamkulam and Pattambi.
Two estates of small engineering sheds where machines, dies and gauges are the whole balance sheet, and no one can be spared for a week of searching.
Source: keralasidco.comShoranur Municipalitylocal body
A municipal town holding pumps, street lighting, vehicles and market buildings, each needing a location, a custodian and a service history rather than one ledger line.
Source: palakkad.nic.inPlaces and organisations are named for local context only. Acube Innovations is not affiliated with or endorsed by them.
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Kochi (Kadavanthra & Infopark) · Thiruvananthapuram · across India & overseas · In business since 2011