It’s no secret I love Alea Tools. They have an excellent line of magnetic game pieces for miniatures and other purposes. If you need to track status effects or wounds on a mini, just put a piece of magnet on the bottom of it’s base and you are good to go.
I get quite a bit of use out of the sets I have, even so far as to forgo minis and just use the markers. With a wide array of colors, you can have 20 or more distinct minis represented on a field with color choice alone. (In a play-through of Tomb of Horrors, while using Dwarven Forge, I found out I had enough markers to accurately represent all of the various spheres in the second long hallway in the classic dungeon.) You can also use dry-erase markers on them, which leads us to the Initiative Tracker.
You can jot down the name of a PC or NPC on the marker, stick it to the board and you have an instant Initiative order, With handy arrows that can be placed above the markers to indicate position in the current round.
I’m sure I will be getting a ton of use out of this fine product.