How To Track Your Assets Even Better
Over the past 10 years, the development of RFID (Radio Frequency Identification) has grown to help companies in every industry track down and manage their fixed assets UK. However, the current technology is not yet fully optimised for all businesses. Currently RFID tagging is too expensive to use on everything, so far it’s only really been used on the manufacturer stages. The most ideal use of RFID technology would be to track items off shop shelves.
RFID is a form of tracking, very similar to barcodes. A barcode uses a visible tagging system to store data about the product, this is then read by a scanner. An RFID tag is a chip that can be accessed remotely using an RFID reader, it stores data about the item it’s attached to and then sends it to the reader. The RFID reader uses radio waves to read the data off the chip regarding the asset.
Unfortunately, asset tracking UK hasn’t really reached this sort of level, however a large number of industries in the US have already started using the technology. New passports, public transport payment methods, libraries and museums are just a few of the services that use the RFID tags. The majority of industries using RFID are run by the government.
Although many companies haven’t invested in RFID, they understand why it’s so important. In the recent years, knowing where your assets are has become very important. However, all companies knwo that auditing their assets slows down business. Many also find that after auditing, they have missed some of their assets.
Implementing RFID tagging chips to your items, you are able to remotely track hundreds of your assets all at the same time. This makes managing your assets a whole lot simpler.
Just one company that is using RFID tech is Unilever. They have taken over 20,000 items on their production line and added the RFID tags. The tagging system allows Unilever to audit their items from a remote location, whereas if they had to do this manually, it would result in shutting down the production line.
This example shows how RFID tracking saves your business money and time. There is a huge amount of examples out there. Other examples can be found in the emergancy services sector, they track pieces of equipments to help save time. It also ensures that when the vehicle goes to the incident, it’s got the correct tools required.
Unfortunately, RFID tracking can be expensive. With the more advanced tags costing around $50, tracking your assets efficiently is not check. Hopefully costs will fall as the technology becomes cheaper to develop. Once this method of asset tracking becomes more well known fixed asset register UK programs will become more used and more advanced.

