Why RFID (Auto-ID) Asset Tracking?

RFID combined with mobile computing and Web technologies provide a better way for organizations to identify and manage their assets. Mobile computers, with integrated RFID readers, can now deliver a complete set of tools that eliminate paperwork. This approach eliminates manual data entry and delivers. 

• Real-time inventory stats
• Real-time asset location using single click
• Simplified dispatch/receiving process
• Improved customer service
• Optimized asset usage
• Alert notifications
• Reduction of inventory inaccuracies
• And many more benefits

The Problems

• Assets are untraceable (i.e.) unable to locate an asset or takes too long to trace
• No knowledge of which items were delivered and when
• What was dispatched and received today?
• Which assets are expiring soon?
• Which assets are consumed/used most?
• Are the items being received as per the order?
• Are the items being delivered as per order?
• How much asset inventory do we have and how much do we need?
• Do we have enough stock to fulfill orders in next 7 days?
• How many assets are being stolen?
• And many more such issues…

The Solutions

• Locate assets instantly and accurately
• Improve utilization and reduce rentals and purchases of assets we already have
• Analysis of equipment and people movement – Work process improvements
• Real time transaction search screens can tell where the assets are moving
• Save time by locating unused assets, soon expiring assets etc
• Maximize asset utilization by knowing what we have and what we need
• Compare received items with order items without any manual intervention
• Find most used assets
• Find assets not returned on time
• Find missing assets
• And many more such savings  

Financial Benefits of RFID Technology

• Not being able to locate an asset, companies buy extra or replacement assets for availability, which causes high annual spending and many assets are left unutilized or under-utilized. Using RFID to manage these assets increases the utilization rate, cuts annual spending, allows divestment of under-utilized assets, and improves confidence that assets are always be available when needed.
• Performing a manual inventory process requires personnel to individually match tag IDs or serial numbers, a very time consuming process. But with RFID readers, many tags can be read simultaneously resulting in high efficiency and accuracy.
• Equipment management with RFID can eliminate inefficient, long manual searches for assets that need maintenance or need to be returned to central processing units, and can maintain up-to date equipment status.
• Find what’s going out and what’s coming in at a click
• Get auto generated alerts for events like what’s low in stock, what’s expiring soon, unsold item leaving premises etc
• RFID readers can read hundreds of unique RFID tags in a single swipe from a distance of ten feet or more, while with barcode reading the goods must be taken out of their cartons and read one at a time with a reader in close proximity, resulting in huge handling time saving.

Features

• Asset (fixed/mobile) movement tracking in real time
• Inventory management and asset utilization
• Stop unauthorized assets being taken out of premises
• Locate specific equipment for preventive maintenance.
• Create Exceptions, Triggers, actions and get notifications by emails/sms
• Workflow management
• Unified interface to various hardware such as access control, CCTV and more
• Easy Integration to client systems for exchanging data
• Any more such features…

Some of the reports

Daily Stock-taking -