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RFID-based Asset Tracking requires an infrastructure to be put in place before the whereabouts of tags may be ascertained. An asset tracking system can record the location and usage of the assets and generate various reports. Unlike traditional barcode labels, RFID tags can be read faster and have higher durability.
That system is known as "Active" RFID because it uses tags that have batteries and constantly beacon. The most popular form of Asset Tracking using RFID is "passive" RFID using ISO Standard 18000-6c. The Financial Services Technology Consortium created a standard for tracking assets at bank locations see www.FSTC.org.
Some enterprise resource planning systems are available with fixed assets modules. Some tracking methods automate the process, such as by using fixed scanners to read bar codes on railway freight cars or by attaching a radio-frequency identification (RFID) tag to an asset.
Yard management, shipping and freight and distribution centers use RFID tracking. In the railroad industry, RFID tags mounted on locomotives and rolling stock identify the owner, identification number and type of equipment and its characteristics. This can be used with a database to identify the type, origin, destination, etc. of the ...
I.D. Systems was founded in 1993 by Kenneth S. Ehrman. The company introduced the use of radio frequency identification (RFID) technology for industrial asset tracking and management. In 1995, I.D. Systems was awarded a $6.6 million [3] contract from U.S. Postal Service (USPS) to develop and implement a tracking system for test letters and ...
When a product is in a warehouse or store, it can be tracked via its barcode and/or other tracking criteria, such as serial number, lot number or revision number.Systems for Business, Encyclopedia of Business, 2nd ed. Nowadays, inventory management software often utilizes barcode, radio-frequency identification (RFID), and/or wireless tracking technology.
That is, bar-code systems are separate from Electronic Product Code (EPC) systems and GPS systems are separate from active real time locating systems or RTLS. For example, a passive RFID system would be used in a warehouse to scan the boxes as they are loaded on a truck - then the truck itself is tracked on a different system using GPS with its ...
RFID is synonymous with track-and-trace solutions, and has a critical role to play in supply chains. RFID is a code-carrying technology, and can be used in place of a barcode to enable non-line of sight-reading. Deployment of RFID was earlier inhibited by cost limitations but the usage is now increasing.
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