3 Advantages of Using RFID in Asset Tracking System

CIO Applications| Friday, August 28, 2020

The benefit of using RFID is its ability to scan items from a distance, read multiple tags at a time, and of course, its speed. It uses an electromagnetic field to monitor and identify tags attached to items automatically.

Fremont, CA: Businesses utilize Radio Frequency Identification (RFID) to boost transparency of their assets and inventory to maintain and run their business operations seamlessly.

Transport industries, manufacturing, chemical industries, constructions, retail, and others use robust RFID asset tracking for asset protection. They can track their assets RFID tracking, barcode scanning, and GPS tracking to speed up the tracking process.

Here are three benefits of asset tracking system using RFID technology.

RFID Tracking Increases Asset Visibility

RFID can track inventory and track the trucks' movement, returnable transit items, forklifts, and other valuable assets that go in and out of the facility regularly in real-time. However, in the case of barcodes, a clear line of sight to barcode scanners is required to scan an item. This makes it easier to locate things that are lost or misplaced.

RFID tags can be read from anywhere in the organization, allowing employees to know the quantity and location of each item immediately. It can also make changes like rerouting items instantly and make decisions.

RFID Tracking Eliminates Any Delay in Product Deliveries

When internal teams and divisions cannot achieve improved production flow because of bottlenecks, businesses waste labor efforts and unwanted delays in product deliveries.

RFID helps cut down on the complete dependency on employees to achieve manual functions. It can automate everything with asset tracking system and give real-time visibility to production, offering analytics that eliminates bottlenecks and speeds product delivery time.

RFID Tracking System Mitigates Loss, Theft, and Risk

Regularly renting or returning high valued assets can be tricky. One error in the record-keeping or losing a piece of equipment will have a negative influence on the profits. RFID can help keep track when items are distributed, restocked, stored, and confirmed for delivery.

Implementing RFID technology in managing inventory can help ensure precise asset identification when an item comes to the warehouse and can also hold customers or employees accountable when the actual checked out assets are not returned.