Rfid Asset Management - A Novel Approach To An Old Problem

RFID Asset Management - Cost Control and Business Efficiency

RFID asset management is a new and key tool in improving commercial efficiency. Asset management and tracking is critical in many different industries and has been a perennial problem. All too frequently mission critical assets go missing - either due to simple human error or to theft.

Companies invest in and rely heavily on their assets in order to succeed. Missing assets and asset theft can severely damage the company both in terms of wasted capital and because the missing assets can hold up mission critical tasks - resulting in missed targets, schedule slip and frequently expensive work around solutions as the company tries to get the project back on track.

RFID asset management allows the company to track all its assets in real time and to take appropriate action in real time - switch on video cameras, send a guard to check the scene, and to alert supervisors. Missing assets can be easily located using RFID asset management methods and the device is easily returned to effective use. By selecting the correct RFID asset management tag for the particular device other critical environmental data - such as humidity, pressure, movement, tampering, verticality and temperature can be monitored.

RFID Solution Design and Implementation

Although RFID asset management can dramatically save costs and improve efficiency businesses have struggled to effectively implement RFID solutions. Traditionally, there have been two principal challenges with designing and implementing comprehensive RFID solutions. Firstly, many RFID solutions are proprietary forcing the business to make a lesser of the evils selection rather than a best of breed choice. Secondly, the implementation must be heavily customized for the individual physical deployment - this customization is prohibitively expensive and out of reach for many businesses.

A New Paradigm in RFID Asset Management

In order to allow RFID Asset Management to go to the next stage and to become easily deployable in a wide variety of commercial applications, then RFID Asset Management solutions must be designed within a framework. The RFID Asset Management framework must provide an easily customizable environment together with the deployment of as wide as possible set of RFID tags - each suited to exact needs of the particular asset.

by: kate

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