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RFID Knowledges

How You Can Do High Value Assets Management with RFID?

News posted on: - by - RFIDtagworld XMINNOV RFID Tag Manufacturer / NewsID:1733

How You Can Do High Value Assets Management with RFID?

When you invest in high value assets you want the peace of mind of knowing where they are and how they are behaving. RFID technology does just that, offering a smarter and more discrete solution than other asset tracking solutions that helps you protect your most valuable investments. Whether it’s expensive artwork, construction equipment or critical medical devices, you can track them all using RFID for assets management. With a centralized system you can log, account for and track a diverse and varied portfolio of assets all in one place. Anything from great art to fine wine can be categorized, managed, and located, along with a secure record of insurance details, valuations and the location of your unique collection.

RFID stands for Radio Frequency Identification and works by using radio frequencies to broadcast the location of the tagged asset. RFID asset tracking is similar to using barcodes or QR codes to monitor the movement of assets but with RFID you can unlock greater levels of automation, transparency, and control with less conspicuous tags. Whether you work at a construction company, fine art auctions, or the healthcare industry, RFID asset management and tracking can transform your operations, saving you time and money.

RFID asset management is essentially the linking of real-life assets to online profiles. To do this, data about the asset is contained within an RFID tag and physically attached to the asset. The asset data is stored in an online asset management system resulting in a register of uniquely tagged assets. 

You can interact with the online asset register and add crucial information such as maintenance plans, personnel information or asset location. Unlike barcodes and QR codes, RFID asset tracking doesn’t require a line of sight for scanning. With RFID asset management and tracking, your device (either a fixed or handheld reader) picks up the RFID tag. This greatly speeds up auditing assets as the only thing you need to do is pull the trigger on the RFID reader. The same is true for when you’re adding multiple assets to a new location.

Our RFID technology enables you to simply tag and scan items, and photograph them for instant recognition within an asset register. RFID asset management and tracking allows you to make sure you know where your asset is every step of the way, from checking in to checking out and everything in between. How to track an asset with RFID technology can be broken down into three steps:

1. Attach a tag to the asset.

2. Scan the tag with an RFID reader.

3. View the asset’s records and automatically update its location in the database.

Every time you pick up an RFID handheld reader you can locate assets tagged within its range, whilst an RFID fixed reader will pick up each time an RFID tag passes it, making it super easy to follow a trail of where your assets were last seen. 

The retrieval of asset profiles is sped up this way, too, meaning that you don’t need to log changes manually on a spreadsheet later on down the line. Instead, you can update a fixed asset register while you’re physically with assets simply by using a cloud-based app.

Tagging and tracking high-value assets isn’t just about auditing and accounting but also about preserving these assets and their own unique history for future generations. With RFID asset tracking you can maintain a complete and up-to-date asset register of your prized collections.