RFID asset tracking solutions is a unique process of tracking business means, for instance, as stock, tools, and supply through hardware, for example, as readers and markers. It works by loading an RFID label with data (ID, condition, volume, and position) and attaching it to the applicable asset. An RFID reader captures the stored data through an RFID label’s constantly pulsating radio waves. It also collects that data in an asset tracking system where it’s covered and actioned. RFID asset tracking points to put an end to error-prone styles like pen and paper and Excel spreadsheets and provides benefits such as the following:
- Tracking multiple means at any one time
- barring manual intervention
- Collecting data in real time
- Improving asset visibility
- Locating misplaced or lost means
- Maximising accuracy of stocks
Urged by the technological advancement of the Internet of Things (IoT), Radio- frequency Identification (RFID) has becoming a must have tracking technology for organisations that calculate heavily on their means. From tracking airline luggage to perfecting security in retail stores, the capability to connect physical means to data collection tools such as RFID Asset Tracking solutions has proved nothing short of revolutionary.
In the last 20 years, the relinquishment of RFID asset tracking solutions has peaked worldwide. With the Manufacturing, Logistics, Retail, and Healthcare sectors leading the charge, the global asset tracking market share is estimated to be worth $ 36.3 billion by 2025.
Also read: RFID Asset Management Solutions for Your Operation
How Does RFID Asset Tracking Solutions Work?
Whether being used in husbandry to track livestock or in a storehouse to cover a manufacturer’s supply chain, the introductory principles of how an RFID asset tracking solutions works is veritably much the same. First, you will bear the correct tools:
- RFID markers(Passive, Active, or Semi-Passive)
- An Antenna
- An RFID Reader
- A computer database equipped with Asset Tracking Software
Once the right tool is in place, the RFID asset tracking process can be broken down into four stages:
- Data is stored on an RFID label, with a unique Electronic Product Code (EPC), and is attached to an asset.
- An antenna identifies the signal of a near RFID label
- An RFID reader is connected wirelessly to the antenna and receives the data that’s stored on the RFID label
- The RFID reader also transmits the data to an asset tracking database where it’s stored, estimated, and actioned
Depending on how you choose to put your RFID asset tracking system, the original process is fairly straightforward. Still, there are varying factors that need to be considered when concluding for the right equipment.
Traditional IT Asset Tracking Methods
In the early days, IT asset tracking was a manual process. IT labor supply would log portable means using pen and paper or spreadsheets. It wasn’t only a time consuming process but also prone to human error. As technology advanced, barcodes and QR codes were introduced.
These required line of sight access and manual exposure, making the process slightly more effective but still labor intensive. Although these styles have fulfilled their purpose, they also bring along their unique set of challenges. They are time consuming, prone to human error, and require real time visibility.
This frequently leads to discrepancy between factual and listed asset information, delivering in inefficient resource application and increased costs. Still, the arrival of Radio frequency Identification (RFID) technology has revolutionized the way IT assets are tracked and managed.
Also read: Steel Inventory Management Solutions By RFID Technology
The Power of RFID in IT Asset Tracking
RFID technology uses electromagnetic fields to automatically identify and track markers attached to IT means. Unlike barcodes or QR codes, RFID asset tracking solutions doesn’t bear line of sight access, making it possible to read multiple markers contemporaneously and from a distance. This technology addresses several number of the challenges associated with traditional styles, making IT asset tracking more effective and accurate.
Aeologic Technologies provides a comprehensive RFID IT asset tracking result that helps IT asset managers achieve complete visibility of their IT means in an effective, effortless, and accurate manner. You can rapidly detect and cover the movement of laptops, waiters, networking tools, and other critical means within your association. The RFID solution is flexible enough to work with handheld RFID readers simply, or by combining them with fixed RFID readers that cover zones or doors.
In addition, the RFID IT asset tracking software allows supply managers to view and export reports of the supply for a given period, list of current supply or missing inventory. It also enables the supply managers to track data about the means including attributes like Manufacturer, Model, Product Purchase Date, Warranty Expiry Date, and so on.
Benefits of Using RFID for IT Asset Tracking
Implementing RFID asset tracking solutions in IT operations can streamline different processes:
Real Time Tracking and Visibility
RFID asset tracking solutions provides IT managers instant visibility to the position and status of IT means. This real time visibility enables visionary decision making, reducing search time, and perfecting overall asset application.
Improved Accuracy
By barring the need for manual data entry, RFID reduces the human errors associated with traditional asset tracking styles. This leads to bettered supply accuracy, smaller disagreement, and better financial reporting. (Canada Pharmacy)
Robotization for Efficiency
RFID automates the IT asset tracking process, assuring means are scrutinized fleetly and directly. This not only streamlines supply operation but also saves precious time and resources.
Also read: How is Automation Transforming and Improving Warehouse Operations?
Final Thoughts
RFID technology is revolutionizing IT asset tracking, offering a more effective, accurate, and secure way to manage IT assets. As the IT assiduity continues to evolve, implementing advanced technologies like RFID is no longer just an option, but a necessity. By using RFID, associations can insure they are well equipped to manage their IT means effectively, leading to cost savings, bettered functional effectiveness, and enhanced security.
Get in touch with us to know more about RFID Technology.
