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What is RFID Asset Tracking?

Posted on August 15, 2022 by Author

What is RFID Asset Tracking?

In its simplest form, RFID asset tracking is a way of automating the management and locating process of physical assets. It works by loading an RFID tag with data and attaching it to a relevant asset. This data can include anything from name, condition, amount, and location.

How does asset tracking work?

A basic function of asset tracking relies on being able to assign a unique identification number to each item you need to keep track of. By scanning the barcode of an item using a handheld scanner, you are instantly able to track the movement of those items as they change hands and move about.

Where is RFID commonly used?

Some common uses for RFID applications include: pet and livestock tracking. inventory management. asset tracking and equipment tracking.

Why do we need asset tracking?

Asset tracking provides valuable, high-level insight into the performance of your business’s physical spaces, including the office, warehouse, and storage. This is important because it enables you to identify important links in the way these sectors utilize assets so they can streamline business operations.

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How do I track an asset location?

Asset tracking is the process of tracking physical assets, usually equipment, via barcode scanning labels or RFID or GPS tags to broadcast an asset’s location. RFID, or radio-frequency identification, are tags placed on assets that use electromagnetic fields to identify and track an item’s location.

What should I buy for a RFID tracking system?

GigaTrak should be your first choice for high quality RFID tool tracking systems. We use the latest software and tracking technologies to deliver solutions that meet the most demanding requirements. RFID (radio frequency identifier) tags are small tags that can be read by wireless, non-contact readers.

How does a RFID asset tracking system work?

RFID Reader. This device is fixed in strategic locations within your business premises.

  • Asset Tracking Software. The software enables you to track your assets using your desktop or a phone
  • RFID Tags. The RFID tags are fixed anywhere on your valuable physical assets and then imported into an integrated tracking software
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    Can RFID tracking Save Your Business Money?

    Usage of RFID can improve overall merchandise management; accurate tracking of inventory and where it is located will save money (lower shrink, etc.). It will also drive greater topline revenues because it becomes easier to assure that sales are completed and thus make money for the store.

    Is RTLS the same as RFID?

    While RFID and RTLS solutions are both classified as location-based services, the two are not the same. So, what are RFID and RTLS technologies exactly and how do they differ? RFID is defined as the wireless use of electromagnetic fields to transfer data. 1 Signal transmission occurs between two or more communication devices (i.e. a reader and a tag) to locate objects or people.

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