Major operations involve hundreds or thousands of different assets, and it is easy for valuable equipment to be misplaced or lost. Taking inventory of your assets is time-consuming and sometimes an inaccurate process. That is where RFID Asset Management comes in. With all your assets monitored by RFID tags and readers, you can know exactly what equipment you have available in real-time. All that information helps prevent losses and helps you make informed business decisions. But the benefits do not stop there.
With RFID Asset Tracking, you can track not only the location of an asset, but also the condition. RFID tags allow you to instantly see when the item was last inspected, and when it is due for another inspection or to be replaced. This reduces downtime because you can repair or replace important items at the right time. This also allows the process to become more streamlined.
You can also track the movement of assets, so you receive alerts when a piece of equipment has left its designated area. Surprisingly, people can also be tagged with RFID bracelets, which can be vital when moving heavy equipment that improves 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 System
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
RFID Asset management is one area which can produce genuine results for businesses. The other one is RFID inventory management. Learn more about inventory management.
The goal of Enterprise asset management (EAM) is to improve the quality and usage of assets throughout their lifecycle. This increases productive uptime while reducing costs. However, Enterprise asset management is a combination of software, services and systems used to maintain and control operational assets and equipment.
This 12-page guide explains how RFID works and how it can benefit your business. Request your copy today, completely FREE!