Does your organization frequently lose laptops due to manual asset tracking methods like spreadsheets? If so, it’s worth noting that lost/stolen laptops cost businesses approximately $6.4 million annually, says Intel.
Without modern asset tracking technology, this number will only increase.
RFID asset tracking emerges as a powerful solution for automated asset tracking, especially for hospitals, schools, IT warehouses, and more.
Let’s learn what RFID asset tracking is, how it automates manual asset tracking, and the best practices for implementing RFID asset tracking.
TL;DR:
- RFID asset tracking is a wireless method of tracking physical assets using RFID tags and readers—no line of sight needed.
- It enables real-time tracking, reduces manual errors, improves inventory accuracy, and deters loss or theft.
- RFID is faster, more scalable, and contactless, making it ideal for bulk scanning and automation. Barcodes, on the other hand, are cheaper and require manual input.
- RFID asset tracking is used in IT, healthcare, logistics, and retail to track equipment, inventory, tools, and shipments.
- To implement, define your goals, choose the right tags, test with a pilot, train staff, and integrate with your asset management system.
- Remote teams or WFH scenarios limit RFID’s effectiveness—Workwize solves this with global, cloud-based IT asset management.