Radio Frequency Identification (RFID) asset tracking system uses electromagnetic fields to transmit data from an RFID tag to a reader. When you want to save time and know where to find business assets, RFID asset tracking equipment connects to your network and updates information in real-time.
When your organization is handling hundreds or thousands of assets, if one gets detached from a big batch, tracing it can be quite problematic. You can avoid all the aforementioned troubles by using an asset tracking software. The software can help you to know where a particular asset is at any time and its exact GPS location.
An asset tracking application can help you keep track of how many different items are passing through your departments. As a result, you can calculate an asset’s lifecycle. If your assets are tagged with RFID tags, they can be scanned automatically as they move through different stages of the process, hence eliminating the need of having people manually scanning logging their movements. Using an asset tracker will free your employees from menial tasks and leave them to focus on other areas of your business that contribute time to your bottom-line.
You can also track the efficiency in which the items are moving through your internal processes and ensure asset is delivery on time to your customer.
RFID tags provide a high degree of security and asset authentication because they’re more difficult to replicate than a simple barcode label. This ensures data integrity which helps improve overall accountability.