It's never been more cost-effective or so easy to automate asset management processes and ensure you have accurate and timely inventory information at your fingertips using RFID technology.

Radio frequency identification (RFID) technology is a domain in the field of computerized recognition that has been gaining traction over the past decade and is now considered a primary means to advance data management processes compared to previous data capture technologies such as barcode. A variety of RFID devices and related systems have been developed to satisfy a wide range of applications. The use of RFID tags to uniquely identify a person or object is now easily achieved. Devices are scalable and will work at longer distance intervals when using higher-level labels or battery-powered labels.

RFID technology has not only progressed in inventory control through distance and reading power, but also through label types; labels that work in humid environments, inside electronic devices, on clothing, inside screws, etc.

RFID offers a multitude of benefits for asset management. This technology begins with identifying each asset by implementing smart tags and later tracking the asset with the help of a specialized reader.

RFID Asset Management Systems start with a label that has a unique ID that cannot be changed or deleted from that label. A reader connects to one or more antennas that send radio frequency signals to the label. The label information is transmitted by radio frequency to the antenna and antenna to the reader. The data is then collected in the cloud and the reports are generated in real time.

Implementing an RFID-based asset management system is not easy because it requires time, effort, and money.

RFID systems have tags that fit on or on any item with UHF technology, allowing identification at distances of up to 10 meters from the reader.