RFID Asset Tracking for Inventory Management

1. RFID Asset Tracking for Inventory Management Efficiency is a major consideration when it comes to inventory management. Companies need to regularly review their operations, looking for ways to maximize efficiency within their existing infrastructure. Adopting new technologies is one way to boost performance, which could positively impact the organization moving forward. One of the technologies which is now increasing in popularity with companies in a wide range of industries globally is RFID asset tracking. RFID stands for radio frequency identification and relies on RFID tags which are read using scanners. Unlike barcode scanners, the RFID scanners can scan from a distance, allowing them to scan an entire area at once, capturing a wide variety of data in one go, rather than individually scanning each individual item. RFID asset tracking offers a full range of welcome benefits for your inventory management including reducing labor costs and offering a faster scanning process. One of the main benefits of introducing this system is that it provides faster scanning with improved visibility. RFID tags do not require line of sight and therefore they can read from a considerable distance. They can read in a variety of orientations, providing visibility on your inventory with more frequent updates and more scanning locations. Reducing costs is essential to all companies these days and the ability to lower your labor costs by fifty to eighty percent is a great way to boost cash flow and help your business grow. RFID technology allows you to reduce labor costs when it comes to inventory counting, shipping and checking in. With the RFID asset tracking system in place, shipment verifications can be carried out quickly and automatically without the need for a team of employees to carry out the tasks.

2. This offers an excellent Return on Investment when looking at the labor cost savings your business will enjoy by adding this type of technology into your current inventory management processes. You will also be able to track any reusable and returnable assets. This could be pallets or containers that you may use to manage a certain shipment. This helps you protect your investments. You can track these assets throughout the process from when arriving in your store to using them on deliveries to their return back to the store. Of course, RFID asset tracking for inventory management has some downsides. Smaller companies have mentioned the inconvenience of not being able to use a smart phone device to scan the item, which you can do with barcode scanning. Setting up an RFID system may cost more than other options on the market. RFID tends to be slightly more expensive, but once the system is set up and you are using it, the benefits soon outweigh the negatives. These systems offer you the opportunity to save money and boost productivity with ease and confidence. There were security concerns in the past regarding the use of RFID. The system relies on the cloud to save all real time data provided, making it actionable for the client. Cloud technology is now highly secure, enabling you to use the system without worry. RFID has proven highly effective for some applications offering accurate and user friendly systems that help you manage your inventory with ease and peace of mind. RFID tags are durable and can withstand harsh environments, they can be used both indoors and outdoors. RFID asset tracking is ideal for the warehouse situation where you have a vast amount of inventory in one place. The pallet or each individual item is fitted with an RFID tag. The tag stores all the important information you need about the item. The tag transmits information to the readers, which are installed throughout the warehouse. These readers receive the information and then send it to a cloud based system, which can be accessed from any device linked to the internet using a unique user name and password. About Us: Quake Global is a leading provider of synchronized relevant data on demand. This company has a proven track record as the pioneer of machine to machine development. They have been supplying powerful stand alone and integrated solutions to clients in a host of industries since 1998. Quake Global caters to the transport, logistics, industrial and health care industries on a global scale offering real time data via cell, Wi-Fi, RFID and satellite. Their cloud-based system provides actionable data, network flexibility and adaptable products that clients can count on. To https://www.quakeglobal.com/. find out more, visit