RFID Asset Tracking
A Company's assets represent its largest capital expenditure. The difficulty with tracking computers, building materials, and expensive equipment is that it is also necessary to ensure that they are frequently serviced, inspected, and audited for accounting purposes.
Almost any organisation finds it extremely difficult to locate and maintain crucial assets. Critical equipment inspections can take a lot of time, which can lead to expensive delays or downtime, missed deadlines and client obligations, and wasted labour.
Utilizing radio frequency identification technology can help asset management (RFID).
How does it work?
With the aid of RFID, you can automate procedures, cut expenses, and track and manage your assets efficiently. Barcode technology cannot compare to the sophistication of RFID technology.
With its ability to quickly and accurately provide information in real-time, RFID is an excellent asset-tracking solution for today's mobile work environments.
Tagging and Readers
RFID (Radio-Frequency Identification) tags and electromagnetic readers are used in asset tracking to gather information about stationary or mobile assets.
Every item must be tagged, and readers must be set up in each location where the item has to be checked.
Aduiting
Workers can audit a full room of assets simultaneously since one RFID reader can read several RFID tags simultaneously.
Scanning
The electromagnetic field conveys information as soon as the readers are close enough to the tags to allow for logging into the central database.
After the item is scanned, the system will retain the asset's location as well as extra information from the RFID tag, such as maintenance requirements and history.
RFID tag types
There are three types of RFID tags: semi-passive, passive, and active.
Tracking can be more or less effective depending on the tag you select because each tag functions differently.
The use of an internal battery by active RFID tags to send sporadic electromagnetic signals separates them from passive RFID tags, which do not utilise batteries and only react to signals provided to them by passive RFID readers.
Typically, semi-passive RFID tags feature an internal battery, an antenna, and an RFID chip.
Use Cases of RFID
The use of RFID technology boosts efficiency and accuracy.
RFID scanning facilitates the counting and verification of physical assets.
The assets may be included as images or separate files, such as copies of purchase orders, invoices, invoice copies, drawings, etc.
RFID enables companies to constantly monitor their assets, lowering the possibility of error, loss, or theft.
Our solution can enable end-to-end efficiency throughout your supply chain, whether it be for tracking and managing fixed, mobile, IT, manufacturing, or component manufacturing assets.
RFID in Manufacturing
Manage and track the lifespan of mobile and fixed assets
Effective Inventory Management
Success in any industry depends on excellent inventory management and efficient manufacturing processes. RFID technologies automate inventory management, providing advantages from production to distribution at every industrial process level.
Improves End-of-line Production
By automating the end-of-production process, RFID systems improve handling, storage, warehousing, and transportation efficiency. Additionally, it enables quicker quality checks, the transfer of goods to storage facilities or the best delivery option, and the confirmation of the product's location and condition at any time.
Supply Chain Transparency
Manufacturing has recently seen a rise in the use of supply chain integration. Supply chains can be improved by using RFID technology to improve product and asset visibility from manufacturing to distribution. Additionally, it can be used to track and trace goods along the supply chain, reducing shrinkage, verifying delivery, avoiding fake goods, and easing recalls.
Asset & Yard Management
RFID technology can be used to track, account for, and value physical assets. Pallets, trailers, and containers can be equipped with low-cost, low-maintenance passive RFID tags as part of our RFID solutions to provide precise and automatic tracking. Utilize asset movement and handling data to enhance yard design, productivity improvements, and vehicle usage for maximum effectiveness and efficiency.
RFID in Warehouse
Materials management, operations, and profitability improved
Whether it's a manufacturing distribution centre or a retail backroom, visibility of all assets is necessary for a warehouse to be productive and compliant. RFID tags are widely used in warehouses to track assets, however, visibility is only available for recent exchanges between RFID tags and readers. With the BLE Real-Time Location System, warehouses can maintain consistent location accuracy.
Operation Enhancement
You may renovate and transform the way your warehouse is run by incorporating inventory asset monitoring technology into your warehouse operations. Warehouse staff can locate, recover, and account for all things entering and exiting a facility more quickly and precisely with RFID data gathering and high-speed transmission. With always up-to-date supply information, you can increase productivity while monitoring shipments, updating inventory, managing turnover, and avoiding repeat orders.
Actionable Insights
Each product can be traced via RFID tracking during its lifecycle using a deployable database. RFID technology tracks every item that passes through your warehouses, creating a historical record of its origin, position, and final destination. Using check-ins, check-outs, and transfer processes that are RFID enabled, assets can be tracked. RFID-tagged assets and RFID handhelds make it possible to audit your assets fast and precisely. When assets are lost, look for any exceptions and take appropriate action
RFID in Logistics
Tracking assets, products, and more...
Asset visibility is improved
RFID asset monitoring makes inventory and asset visibility easier and is crucial. Additionally, because RFID tags can be read from anywhere in the building, personnel can always know exactly where each individual is. Increased supply chain visibility enables businesses to resolve problems immediately, make decisions on the spot, and reroute products as necessary.
Increasing employee productivity
Employees do not need to be in direct line of sight for RFID technology to find goods or assets. Tasks that take a lot of time can be eliminated. The facility has been successfully able to increase work speed while increasing productivity as a result. Human error and poor judgement take a long time to correct—are removed with RFID asset visibility.
Reduce the likelihood of loss, theft, and danger
Supply chain facilities have quick and simple access to inventory information and location. It's critical to keep track of the storage, distribution, and replenishment of products. Mistakes and deceptions are kept to a minimum by preserving such transparency. It is possible to reduce distribution errors and loss, stop theft and counterfeiting and make recalls easier when every pallet and item is identified.
Supply chain management applications that use RFID and IoT technologies can enhance and boost overall efficiency by automating identification procedures. Technology affects the entire value chain through inbound and outgoing logistics, production procedures, warehouses, and distribution.