Yes. A real-time location system built on UWB or Bluetooth Low Energy can locate people, forklifts and tagged assets on one network of anchors, applying safety rules to some tags and inventory or utilization logic to others. Typical safety uses are proximity alerts between trucks and people, zone speed limits on compatible forklifts, lone-worker alarms and headcounts at muster points during an evacuation. Typical asset uses are finding equipment, tracking work in progress and measuring truck utilization. The trade-off is that the shared network must meet the accuracy and response time the safety functions need, which is stricter than asset tracking alone.
The full guide is RTLS for forklift safety. UWB measures distance by radio time of flight and generally locates tags more precisely than BLE, which matters when a rule has to separate a person from a truck rather than report which zone a pallet is in. Ask suppliers to state accuracy and update rate for safety tags and asset tags separately.
Shared infrastructure also means shared failure: if an anchor goes down, safety alerts and the asset view degrade together, so check monitoring and fail-safe behavior. Settle tag charging, battery replacement and system ownership between EHS and operations before rollout. Evacuation headcounts should support, not replace, the accounting procedure in your emergency action plan.