How To Track Your Tools With RFID Asset Management

January 25, 2021 • 3 min read
How To Track Your Tools With RFID Asset Management
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How To Track Your Tools With RFID Asset Management

RFID asset tracking makes tracking your tools easy. You’ll be able to run speedy audits and location checks to ensure that all of your tools are in the correct place, and you’ll be able to automate your operations.

In the past, RFID asset tracking was costly, a lengthy process to set up, and highly technical. With itemit, these barriers have been removed. This means that now the automation that RFID asset management can provide is available for your business.

 

How To Track Your Tools With Asset Tracking

Knowing how to track your tools is simple when you sign up to an asset tracking software. Asset management systems allow you to log all of your business’ critical tools and equipment and add data to them.

Asset tracking software gives you a granular view of your fixed asset register. What this means is that you’ll be able to see asset data related to specific assets, such as maintenance, usage, and location information.
After you’ve logged your assets, you’ll also be able to use asset tags to speed up your operations. These tags will allow you to scan your assets to update their last seen locations and edit their information.

Once you’ve picked up your asset management system and tagged your assets, discovering how to track your tools will be an instinctive process.

 

How Does RFID Asset Management Help?

RFID asset management has an edge over standard QR code asset management as it provides you with more automation and greater ease-of-use.

RFID asset labels can be scanned without a line of sight, meaning that you can run asset audits and update asset information from more of a distance.

You’ll also be able to implement fixed RFID asset tracking to automate your location tracking. This system allows you to move assets around and have their locations logged by your asset tracking system without the need for manual input.

RFID asset management works in exactly the same way as QR code asset management, but it provides you with more automation and time-saving benefits, as well as providing you with more accountability over your asset register.

 

The Benefits Of RFID Asset Tracking

As you’ll still be logging, tagging, and tracking your assets with RFID asset tracking, you still get all of the time and cost-saving benefits that a QR or barcode-based system will provide you with.

Any asset tracking system will help you save time and money by allowing you to:

  • Lose fewer assets
  • Update asset information
  • Avoid purchasing duplicates
  • Leverage your fixed asset register for accounting and insurance
  • Keep an accurate record of what you own.

RFID asset management builds on these benefits as by using RFID readers, you’ll be able to automate further and increase the accountability and transparency your asset management software can provide you with.

To find out more about how itemit’s asset tracking system can benefit your business, 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 how to track your tools or fill in the form below to start your 14-day free trial.

Why not check out these blogs?

3 Ways GPS Asset Tracking Saves You Money

How To Use A Simple RFID System For Your Asset Tracking

How Does An Asset Booking System Help Your Business?

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Article by

Dr. Alex Wong is the CEO & Co-Founder of RedBite Solutions, a spin-out from the University of Cambridge and creators of itemit. For more than 2 decades, Alex’s innovations have disrupted industries and reimagined traditional solutions, delivering breakthrough results. A pioneer of the RFID EPC Network and IoT, Alex has shaped modern tracking technologies. RedBite powers the world’s largest RFID deployment across 60+ countries and launched itemit, a leading barcode, QR code, GPS & RFID SaaS tracking platform. Dr. Wong holds a PhD in Engineering from Cambridge and remains an embedded researcher, leading EU & Innovate UK projects to bridge research with real-world applications.

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