Businesses responsible for the protection of expensive assets must take care to ensure accurate tracking of inventory. This is especially true for organizations that offer equipment or machinery for rent. Without proper tracking, assets can go missing. This can end up costing the organization a considerable amount of money. In addition to the cost of replacing missing equipment, organizations may end up losing potential business. It’s crucial that organizations ensure accurate and reliable tracking of assets at all times.
Using radio frequency identification (RFID), organizations can track a wide range of assets. Passive RFID tags print quickly and attach directly to assets. Each tag provides a unique identification for each asset, completely eliminating the need for barcodes. RFID readers placed strategically throughout the facility track asset movement. This system provides an effective tracking system for assets and inventory kept in-house.
For organizations that must complete several steps before shipping finished products, passive RFID tags allow leaders to view the exact location and status of each project. As parts move from one station to the next, the system tracks and logs location. It also tracks when tagged components get added to the project. This increases visibility and helps ensure projects get completed on time. It also helps ensure the right components end up with the right product.
When used to track inventory or expensive equipment, passive RFID provides a reliable and discreet tracking system. Depending on rules set by the organization, the system can send automatic alerts when assets move into restricted areas. It can also send alerts when assets leave the building. The system not only tracks location, but the time and date assets move from one place to the next. This increases accountability and provides leaders with the insight needed to locate and prevent theft and loss.
While passive RFID provides effective tracking of assets in house, active RFID tags track assets in storage, during transit, and at customer locations. The tag transmits information regularly, providing leaders with important information about assets out on lease or as they move from one facility and the next. In addition to GPS location, these tags also report date and time of impact. This helps determine extent of damage and the party responsible.
RFID provides a reliable and effective tracking solution for organizations of all shapes and sizes. Please contact us for more information.