Major operations involve hundreds or thousands of different assets and it’s easy for valuable equipment to be misplaced or lost. Taking inventory of your assets is a time-consuming and sometimes inaccurate process. That’s where RFID Asset Management comes in. With all of your assets monitored by RFID tags and readers, you can know exactly what equipment you have available in real-time. That information helps prevent losses and helps you make informed business decisions. But the benefits don’t stop there.
With RFID, you can track not only the location of the asset, but also its condition. RFID tags enable you to instantly see when equipment was last inspected and when it’s due another inspection or to be replaced. This reduces downtime because you can repair or replace important equipment at the right time. It also streamlines your maintenance process.
You can also track the movement of assets, so you get alerts when a piece of equipment has left its designated area. People can also be tagged with RFID bracelets, which can be vital when moving heavy equipment, to improve safety by ensuring each worker is out of the way.
RFID Asset Management is a solid investment for any business that has a lot of valuable assets to track.
Benefits of RFID Asset Management
RFID Asset Management has been road tested in real businesses and it has produced amazing results. Below are two case studies that show how RFID asset management has benefited two different businesses. The next could be yours.
US Govt. Agency
Decreased Inventory Time
Increased Inventory Accuracy
Asset management is one area where RFID can produce real business results. The other is inventory management. Learn more by following the link.