RFID Asset Tracking

Automatic Asset Tracking From Production to Delivery. Optimal Results for Competitive Advantage

RFID Asset Tracking

What is RFID?

Radio-Frequency Identification is a tracking technology that uses radio frequency waves to keep track of objects, or even people. The subject would carry an encoded microchip tag that would be in constant contact with your tracking device. 

 

RFID works by exchanging data between a reader and the subject that is being tagged. This technology can be also used to identify and even read objects. To add to that, using radio waves has the perk of not needing a direct line of sight or direct contact between the tracking device and the tag.

RFID Asset Management

Businesses typically strive to maintain proper tracking of inventory and assets, and this is where RFID technology comes into play. Radio-Frequency Identification technology aims to save your company the time and effort that would be typically spent doing inventory counts. This is achievable thanks to the efficient way in which RFID tracks items, which eliminates the need to go through the hassle of doing so manually and for each individual object.

This being said, you would obtain access to a wealth of information about an item’s whereabouts, including where it was and is situated, as well as the time it was transferred and received. Consequently, RFID cuts down your chances of misplacing or even losing an item. 

Anyone in the oil and gas industry knows that the breakdown of a single piece of on-site equipment may bring drilling to a halt – and at a high cost. Equipment must be controlled, monitored, and maintained in strict conformity with specifications and best practices to avoid losing time and money. 

This is a difficult process to complete manually. With thousands of parts to track and only so many man-hours to accomplish it all, mistakes are bound to happen, and those blunders can be costly. RFID asset tracking makes these mistakes nonexistent.

RFID Software

All RFID systems require some sort of software. Software enables the reader to work with RFID tags and communicate with them. It also enables the data gathered from tag reads to be displayed, communicated, saved, and used in various ways, such as to prompt other systems to carry out certain activities. In the end, software can be as basic or complicated as the RFID solution demands.

For more information about our RFID Software, click here.

RFID Asset Tracking Solutions

The history of RFID asset tracking systems goes way back, and it only makes sense as to why RFID trackers are so necessary. After all, a business’ success is almost entirely dependent on its assets. RFID is best suited for precise and structured manufacturing processes since it is able to differentiate items and elements from one another. This works under a simple procedure of attaching RFID tags and readers that are embedded with data onto assets and items. 

RFIDs, for example, can verify that something is produced correctly and that everything is used in the appropriate quantities. Most firms seek to maintain adequate asset and inventory management, which is where RFID asset tracking systems come in and save the day.

Another way RFID technology helps with production control is by facilitating a company’s schedules and workflows. This is made possible through organizing items and raw materials and enhancing the flow of the production process. RFID tracking systems beautifully transform the way you can manage your large inventory. 

When it comes to the oil and gas industry, the true utility of RFID is as important. Your main assets in the oil and gas industry are usually out of reach. Assets are frequently on loan or under warranty at a customer or partner site, and it is vital to be able to find them quickly. Having a trustworthy means of identifying the asset is essential when it comes to service, and RFID technology provides this possibility.

The use of RFID is a prominent area where improvements and real-time information updates may raise performance without sacrificing cost-effectiveness. RFID asset tracking and management solutions will assist your company in surviving today’s saturated industry and retaining your competitive edge. 

RFID trackers work like a charm when it comes to theft prevention and detection. Upon embedding the RFID trackers in all of your items, you will be able to follow each and every piece at every step of the way. As a result, you will be able to immediately identify if an item has gone missing and where it has been relocated to. 

The technical benefits of RFID solutions are many. It can never go wrong with automatic data receiving, which eliminates the need for manual assistance and puts an end to human error. To top that off, RFID tags are loaded with encrypted data in order to ensure the utmost level of security.

How RFID Asset Tracking Saves Time

When Radio-Frequency Technology is used to capture data on a large number of objects at the same time, it works on preventing transcription errors, duplication of data, and even missing items. That is given that the data is frequently and electronically uploaded. 

To top that off, RFID trackers allow staff members to stay up-to-date with any item’s whereabouts. If needed, this data can also be shared with buyers swiftly and efficiently. 

Since time is literally money, Radio-Frequency Identification technology uses all its potential to make sure that activities flow more efficiently and effectively for organizations. By way of illustration, RFID asset tracking solutions can easily and automatically trace goods and products and input any data related to them.

As a result, there would be no need for manual data inputting or form filling, which will end up saving so much time and money in the long run. Not only that, but RFID technology also helps reduce expenses and makes it easier for staff members to follow up on the progress of tasks.

How RFID Asset Tags Help Improve Revenue

Radio-Frequency Identification technology ensures better efficiency, effectiveness, and productivity. Hence, companies develop a much higher competitive advantage and customer satisfaction when RFID technology is employed. When all is said and done, the result will eventually lead to more sales opportunities and better sales productivity. 

More importantly, implementing RFID technology ensures product authentication by helping prevent counterfeits, which can be a serious risk when it comes to revenues. Not only that, but it also has the ability to detect counterfeits on the spot. In addition, adopting RFID increases network visibility, and that itself will prevent any out-of-stock situations. That way, all items will be guaranteed a sale. 

RFID allows for effective end-to-end supply chain supervision. RFID data gathering delivers dependable, real-time inventory reports, allowing businesses to stay updated on stock availability and the mobility of essential assets. Efficiency in supply chain operations directly relates to elevated revenues.

RFID technology enables retailers to smartly track and manage inventories. Replacing missing inventory is a key source of lost revenue in retail. RFID asset tracking identifies when objects have been lost or discarded. Companies can use triangulated RFID systems to quickly find missing material, minimizing the obligation of spending money on replacements.

Electronic asset tracking systems reduce shipping mistakes, improve product quality, and reduce the requirement for excess stock, all of which benefit any manufacturing business. Dependable asset tracking and management improves production operations by increasing process transparency, thus eliminating the expenditures on product supply that is greater than the demand. Another reason why this decreases costs, thus increasing revenue, is that fewer shipping mistakes equates less money spent on fixing those mistakes.

To monitor high-use or costly devices, medical equipment tracking systems have been employed in hospitals and various healthcare institutions. RFID tracking that is automated can be connected with current device monitoring databases, which benefits medical staff who are responsible for handling and managing said devices. Additional RFID uses in healthcare include inventory tracking and patient monitoring, all of which act as a revenue booster.

RFID Asset Tracking

RFID Tags for Asset Tracking and Worksite Safety

When properly developed and implemented, RFID asset tracking solutions for the oil and gas industry can generate significant ROI and cut losses in no time.

By facilitating safe fueling, providing fleet-management solutions, and maintaining accurate, real-time records, RFID tracking systems help in improving the safety and security of oil refineries and drilling sites. An RFID-based personnel tracking system  determines the movements of thousands of employees, contractors, and visitors in facilities of oil and gas operations to ensure safety and security, and they also shield individuals from unforeseen events.

During their fieldwork, employees and divers are all issued RFID badges that include GPS technology to aid in locating and rescuing them in the event of an unfortunate incident.

When RFID tags are attached to assets, they may be promptly identified and important data can be obtained on the spot, resulting in a number of advantages, including:

These solutions cut down the time it takes to find individuals and equipment, help with maintenance plans, and prevent devastating losses to your operations.

Another safety solution RFID technology accounts for is the tracking of hazardous material. In order to track barrels containing critical nuclear materials, governments have implemented an RFID system in their nuclear operations. Engineers can now monitor the status of their barrels 24 hours a day, seven days a week, and send real-time notifications if anything goes wrong.

Transponders combine sensors, a two-way satellite communications modem, and GPS location. The asset-management platform receives the data supplied by the device. This allows corporations to receive regular location alerts and notifications in the event that something goes wrong or a stated business rule is broken. This method keeps track of thousands of shipments on a case-by-case basis and shares that data with any agency that requires it.

RFID technology is often utilized in facilities/oil rigs where pipelines and other equipment are subjected to extreme environmental conditions which cause them to deteriorate quickly, often resulting in oil loss and posing a risk to marine life. 

What’s more is that RFID tags can be used as handheld readers to provide a holistic solution for tracking the GPS-based locations of pipes and other equipment in storage and in field installations. They play an important role in your objective to ensure that the proper pipes are always installed, inspected, and maintained.

RFID tags are designed to identify:

Underwater equipment also has specific metal-surface-attachable RFID tags to identify things that could be damaging to the marine system below the surface. RFID tags that work on metal surfaces also aid in the tracking of remote vehicles and the location of excavation sites by divers working in remote places.

The use of an RFID system can aid in the management of all assets that are given, examined, and maintained. The tags send real-time data to an asset management system, which sends out regular location alerts and warnings if a problem arises. 

By measuring joint pressure, showing good assembly, and detecting oil leakage, RFID tags can be utilized to maintain pipelines and other equipment exposed to harsh environmental conditions. They can also be used to plan maintenance, which can include a variety of procedures such as shutting down entire sections or disconnecting pipes.

RFID Asset Tracking Systems and Pipeline Transportation Services Integration Assets and personnel can be easily viewed, tracked, and located with RFID systems. Every solution can be customized to work with your company’s existing ERP system in the most efficient way feasible.

Why Choose Us for your RFID Tagging Systems

Radio-Frequency Identification technology keeps on revolutionizing business industries, whether in asset tracking, access and production control, or even the insane accuracy of the data it delivers. 

Big or small, any company in any industry would become stronger, more efficient, and more effective with the help of RFID solutions. At the end of the day, keeping accurate and updated records of firm assets is of utmost importance.

With the help of our team of RFID experts here at Makamat, you can now rest assured that your most prized assets would be well traced and accounted for.

If you have been looking for the best method to keep track of all your company’s assets, then look no further than RFID. Here at Makamat, we are entirely dedicated to providing you with the RFID asset tracking solutions you need to make your investments safe and well accounted for.

So, what are you waiting for? Get in touch with us now, and start getting your assets the attention they deserve. Take a moment to fill out our contact form, and a member of our team will be in touch with you shortly.