What is RFID Enabled Asset Tracking?

Assets, in this instance, is tangible property belonging to a business, such as computers, copiers, and so on.

Keeping track of that property is important to the financial well-being to a company. Losing and replacing such equipment can be expensive.

An RFID tag an help reduce such loss, be it stolen equipment walking out the door, or just put somewhere unexpected (a laptop computer inadvertently left in a desk drawer or file cabinet is just as much of a loss due to its unavailability than if it had been stolen). RFID tracking can be used to “follow” equipment in and out of various doors (knowing a laptop entered an office door and never came out certainly reduces search time to locate it). It can also “see” the thing exit the building, often associated with an employee’s ID card number.

Asset tracking can also be used in the products a company uses or sells. It can keep track of everything inside a closed carton, without opening and manually inventorying the carton. It can be used to follow components and materials through the shipping or manufacturing stages, with minimal human intervention, making it faster, less laborious, and sometimes easier to improve a company’s way of doing things.

Finally, RFID tracking can be used by stores to reduce theft loss, and possibly charge a customer for their purchase by merely having the customer walk through the establishment’s doors, without the necessity of joining a check-out lin.

RFID application in industrial Asset tracking

Radio Frequency Identification is a ideal technology for tracking assets.

RFID tags are the simpler way to track them. Every tagged asset can be tracked by reading the upcoming radio signals from each tag. Our asset tracking tags enable you to instantly get the general location of tagged objects anywhere within a specified space.

Asset tracking allows you to monitor the status, location and availability in your extended operations; manage your assets on demand by knowing where they are and boost production by getting your assets where they need to be without delay. Integrate your business processes with on demand knowledge of work-in-process manufacturing, and make more informed decisions.

Asset tracking can be used in various industries like baggage handling, parcel handling, supply chain, service industries, distribution logistics and manufacturing companies to identify goods & objects in an industrial environment.RFID Industrial Asset Management is a powerful tool to boost business activities for the maximum profits.

Methods of Asset Tracking

While asset tracking can be time consuming and expensive, there are methods of asset tracking that can save your organization time and money. The goal of any asset tracking system, therefore, is to maximize asset control efficiency and minimize equipment loss. Through the use of mobile computers, barcode labels, handheld barcode scanners, and asset management software, you can track your assets in real time, resulting in more efficient production planning and reduced downtime. The proper management software also enables organizations to schedule necessary maintenance or service, or even preventive maintenance. Complete asset tracking solutions include barcode technology, enabling organizations to scan their fixed assets to track them accurately and efficiently.

Barcodes are the standard for data collection and asset tracking, giving each asset a unique identifier so that they may be individually recognized and tracked. Barcodes include information that is critical to business, such as project name, asset category, and more. Barcode scanners read each barcode, allowing organizations to count assets more quickly and accurately without the risk of introducing human error.