Does your enterprise often lose laptops because of manual asset monitoring methods like spreadsheets? if so, it’s really worth noting that misplaced/stolen laptops cost groups approximately $6.4 million yearly, says Intel.
without present day asset tracking technology, this variety will handiest boom.
RFID asset monitoring emerges as an effective answer for automatic asset monitoring, specifically for hospitals, schools, IT warehouses, and extra.
Let’s learn what RFID asset tracking is, how it automates manual asset tracking, and the best practices for implementing RFID asset tracking.
TL;DR:
- RFID asset monitoring is a wireless technique of monitoring physical belongings using RFID tags and readers—no line of sight is required.
- It permits real-time tracking, reduces guide errors, improves inventory accuracy, and deters loss or theft.
- RFID is faster, extra scalable, and contactless, making it best for bulk scanning and automation. Barcodes, alternatively, are less expensive and require guide input.
- RFID asset monitoring is utilized in IT, healthcare, logistics, and retail to tune gadget, inventory, tools, and shipments.
- To enforce, outline your dreams, select the right tags, test with a pilot, teach a team of workers, and combine with your asset control machine.
- Far-flung groups or WFH situations restrict RFID’s effectiveness—Workwize solves this with international, cloud-based IT asset recycling.
What Is RFID Asset Tracking?
RFID asset tracking is a way of tracking property throughout an organisation or warehouse using radio frequency identification (RFID) technology.
- You affix RFID tags loaded with information (consisting of identity, quantity, situation, and repair reputation) to the property you need to monitor.
- Then, use an RFID reader to read the facts from those RFID tags and upload them to an IT Asset Control (ITAM) device for a centralized view.
RFID asset monitoring is utilized in a couple of industries, which include logistics, supply chain control, retail, production, and healthcare. In truth, healthcare businesses have mentioned a 25% reduction in stock prices after adopting RFID for monitoring belongings.
Right here’s what RFID asset tracking normally facilitates for you:
- tracking a couple of belongings concurrently
- putting off human intervention
- accumulating data in real-time
- enhancing asset visibility
- locating lost or misplaced assets
- Maximising the accuracy of inventory
How Does RFID Asset Tracking Work?
RFID asset monitoring works with the help of those components:
RFID Tags (Passive, lively, or Semi-Passive)
An Antenna
An RFID Reader
A pc database ready with Asset monitoring software
allow’s apprehend every element:
RFID Tags
RFID tags are small, wireless devices that use radio waves to store and transmit data. This enables automatic identity and tracking of assets they’re affixed to. All of the data is saved in an RFID tag, along with a unique digital Product Code (EPC).
Antenna
The RFID antenna acts as a bridge between the RFID reader and the asset tags. It identifies the signs of nearby RFID tags and transmits them to the RFID reader.
RFID Asset Tracking Use Cases: Who Uses It and How?
In keeping with the RFID Asset tracking system marketplace report, here’s how specific industries use RFID asset tracking:
outlets use RFID to enhance stock accuracy, leading to improved purchaser reports and reduced stockouts.
Within the logistics region, corporations put in place RFID for green tracking of shipments, reducing losses and improving shipping instances.
The manufacturing industry benefits from RFID through optimizing production strategies and minimizing downtime.
Hospitals and clinics are using RFID to track medical devices, medicines, and even patients, making sure improved protection and operational efficiency.
IT organizations are using RFID totrack music belongings like laptops, monitors, computers, and other items within their workplace premises and warehouses.
RFID Asset Tracking: Limitations
Here are some boundaries or risks of RFID
Excessive price and Infrastructure Burden: RFID structures require advanced funding in tags, readers, middleware, and integration. This could contribute to the overall price in comparison to barcode structures.
Environmental Interference: RFID overall performance can degrade or fail when tags are close to metals, drinks, or obstructed environments.
study-range issues: The examine-range is a severe issue of RFID asset monitoring, rendering this method pretty useless for far-flung businesses. Far-off organizations or those with dispersed teams need ITAM answers like Workwize.
As a global IT hardware platform, Workwize will let you automate your asset lifecycle from procurement to disposal, permitting you to track your assets in real-time throughout 100+ places.
Workwize: A Smart Alternative to RFID Asset Tracking
RFID asset monitoring is suitable for small places of work, hospitals, or schools where assets are commonly placed inside a designated range.
However, what if the users take the assets domestically? just like the hybrid or WFH work version. You recognize who checked the device out, but you’d never know what’s happening after that.
Furthermore, coping with asset statistics throughout exclusive branches located in numerous locations is cumbersome. As you’d have to centralize all the records.
That’s why Workwize enters the picture. Workwize is a global IT hardware management platform that automates the asset lifecycle from procurement to asset disposal.
This means Workwize lets you:
control and compare multiple carriers
Procure (buy or lease) IT systems (laptops, computers, and so forth)
Install them throughout 100+ locations globally
music, screen, and manage them remotely
Even manage upkeep, retrievals, and disposals.
All of this is the use of the equal digital platform.
You don’t fear which technology to apply, as Workwize enables you to track, control, and manage your belongings in real-time using our virtual interface. That means we do all the heavy lifting.
And our platform has helped groups cut expenses and keep costs down. As an instance, HighLevel saves $1.4 million annually through the usage of Workwize to streamline and automate procurement, deployment, and retrieval.
