Companies across a broad spectrum of industries rely on critical assets to drive their business. While these asset types across industries may be varied, there is still a common need for effective management. Any item that is a part of the work process but does not leave as part of a finished product is a candidate for intelligent asset management with RFID. RFID can help enterprise companies automatically track and secure critical assets — with very little human intervention. This real-time technology takes asset management to the next level, providing unprecedented visibility, accuracy and security. With RFID, companies can automatically keep track of key assets as they move in and out of an area — whether it’s a stock room, airport hangar, data center, enterprise workplace or transport terminal.
Asset Management BenefitsDiverse companies have deployed implementations of RFID applications for asset management with tremendous success. Regardless of what type of asset you use in your business, RFID can automate and error-proof this critical business process, delivering a wealth of benefits to the enterprise.
Increased productivity
Employees spend less time tracking down missing or misplaced equipment
Improved asset maintenance
Assured adherence to critical and routine maintenance procedures such as calibration
Improved efficiency
Secure, around-the-clock access to stock rooms for improved efficiency — without human intervention
Increased utilization
Improvements in asset visibility and utilization reduce the need to purchase or lease spare parts and equipment
Reduced capital and operational costs
The reduction in the loss of assets reduces the need to purchase and manage additional assets
IT Asset Management BenefitsIncreased IT asset process automation and utilization
With RFID, IT assets are identified, located, and tracked automatically, increasing the Total Cost of Ownership and extending asset lifetimes
Improved service levels
Efficient replacement, swap and maintenance of IT Assets increase operational uptime
Increased Security
Increased accountability of media and data tape tracking safeguards sensitive data, and ensures backup and redundancy
Regulatory Compliance
RFID can help businesses reconcile assets claimed on books with assets in possession for Sarbanes Oxley (SOX) compliance
Reduced Energy Consumption
RFID can Monitor and moderate the peak power usage within data centers for optimal service level agreement reporting
