A method for tracking assets within a rail yard, the method comprising: creating a track layout database for the rail yard, the track layout database providing a map of rail tracks and switches within the rail yard, wherein the track layout database includes machine readable data identifying discrete locations of the rail tracks and switches of the rail yard, each discrete location corresponding to a geographical position of a portion of a rail track or switch; associating rail yard processing steps with portions of the track layout database; receiving a geographical position signal corresponding to an asset within the rail yard; comparing the geographical position signal to the machine readable data of the track layout database in order to identify the location of the asset within the map; and presenting a graphical representation of the location of the asset on the map along with the yard process steps associated with the track section occupied by the asset, wherein the geographical position signal is received within a time period to allow the graphical presentation to be used in a management decision corresponding to the asset.