The Benefits Of RFID Asset Tracking

Published on January 7, 2021 • 3 min read

RFID asset tracking will automate your operations like never before. RFID gives you even more control, clarity, transparency, and ease of use over your asset tracking operations.

You will save huge amounts of time and money by investing in RFID asset tracking as risks of human error, asset loss, and a lack of accountability are greatly reduced.

You can even opt for fixed RFID asset management, which totally automates how you can track asset movements, ensuring your audits are accurate, up to date, and properly managed.

What Is RFID Asset Tracking?

RFID stands for Radio-Frequency Identification. This relates to the method in which your assets communicate with your asset tracking software.

You will use RFID tags and RFID readers to link your assets to your asset management system, and this will be how you increase automation and control.

The process is a development of conventional asset tracking. Asset tracking is the process of adding all of your assets to a register and tracking them, monitoring their data, and ensuring that they remain accounted for.

Without asset tracking, you run the risk of losing assets, losing tax and insurance breaks, and losing control of your asset register. This is why it is essential to link physical assets to their counterparts on your register with the use of asset tags.

How Does RFID Tracking Work?

RFID tracking works in much the same way as barcode or QR code asset management. With these, you'll use unique tags to link your physical assets to online profiles. This way, whenever you scan an asset's tag, the asset's profile will update ready for data to be verified, edited, or updated.

The edge RFID tracking has over QR code asset management is that it has many more applications. RFID tracking requires a third party reader which picks up the radio frequency from your RFID tags. What this means in practical terms is that you don't need a line of sight to audit your assets.

As an example of how you might use RFID, you'll be able to use RFID asset tracking for high-value collection audits as you'll be able to hide RFID tags on priceless paintings or bottles of wine in a way you wouldn't be able to with QR codes or barcodes.

More Automation With Fixed RFID Asset Tracking

Fixed RFID asset tracking gives you the most automation possible when it comes to asset management. You simply need to log your assets onto your system, assign your RFID tags, and start tracking your assets as they move between locations.

Therefore, you'll know instantly if an asset goes missing or isn't where it should be. This is incredibly helpful in high-pressure environments such as hospitals or warehouses where speed is essential.

With itemit, you'll be able to mix and match your asset tracking capabilities. In this sense, you'll be able to use handheld RFID tracking in tandem with fixed RFID trackers, barcodes, and QR codes.

To find out more about itemit's functionality and features, you'll be able to book a demo using the button below.

You can also contact the team at team@itemit.com to find out more about RFID or fill in the form below to start your 14-day free trial.

Why not check out these blogs?

How Using A Tool Tracker Saves You Time And Money

What Are Asset Management Tools?

How To Use Asset Tags

Find Out More About RFID Asset Management!