Traceability solutions have been adopted by several industries for several reasons. Recently, we elaborated as to how traceability solutions benefit your transportation business, and we have also established a similar need for traceability for the food and beverage industry. That is because traceability solutions have several uses. Traceability can help entities tighten their logistics, it can help with inventory management, can provide superior user-immersion by the virtue of technological advancement, or, it can help industries with asset tracking.
Most industries, be it healthcare or law enforcement, have the scope for the management and safe keeping of crucial assets, which can either be in the form of expensive equipment critical to the functioning of the industry, or these assets contain sensitive information that must be guarded at all times. In this post, we intend to explore how multiple industries can find value in using traceability solutions as a part of their asset management. Here are the industries that have serious need for asset tracking through RFID tagging and barcodes:
Law enforcement personnel have a genuine need for a systematic means to manage the assets that they come across. Law enforcement personnel routinely handle several assets of high importance and value. These assets include firearms, enforcement vehicles, sensitive evidence (beyond the scope of monetary valuation), and IT equipment that most likely stores crucial confidential information.
What is the value of managing these assets? Losing such critical assets essentially means that the integrity and competence of the department comes into doubt. In the worst case situation, misplaced evidence pertaining to dangerous criminals can handicap an ongoing criminal investigation, and the department risks bearing the brunt of lawsuits filed against it or even suffering fines from authorities. If the department loses their vehicles, it is essentially a financial damage. If the department loses their IT equipment, they risk losing critical information that they have accumulated over a period of time. Furthermore, using RFID tagging to protect law enforcement vehicles is a strategic decision the department must take if they intend to ensure the safety of their personnel.
Are you curious how the education industry can utilize RFID-powered traceability systems? The ‘Ride-your-bike-to-school’ program gained much popularity, when RFID tagging was applied to students’ bikes, ensuring students reach safely to their schools. The flipside of this move is that it reduces the chance of theft since traceability can be a theft deterrent. Certain schools also use RFID tags on school bags to ensure student safety. The information emerging from this tracking is simultaneously made available to teachers, parents, and school administration. Another emerging use of RFID technology is to manage school property such as laboratory equipment, library books, and exam papers.
RFID industry stalwarts such as Holly Sacks, senior VP of the Corporate Strategy at HID Global was quoted saying: “We definitely see an increase in our business in the sector and have identified education as a primary target vertical market.”
This shouldn’t come off as a major surprise, especially if you’re aware of the costs of medical equipment. Today, modern-day hospitals in the developed world have started implementing RFID tagging in their everyday operations. These technologies involve RFID technologies such as active and passive RFID tags and RTLS.
What are the assets that the healthcare industry currently needs to safeguard? Hospitals operate with expensive inventory such as specially designed hospital beds, defibrillators, and other costly equipment they come to need for operations. Premiere hospitals across the world have started to integrate the use of RFID tags with RTLS to ensure there is a systematic approach to asset management. Maintaining records for hospital equipment and resources also allows the hospitals to keep track of the prevailing conditions of the equipment they use and get the faulty equipment repaired if required. Once the hospital management has ascertained the condition of their assets, they can then freely conduct treatment without any reservations about the possibility of a mishap.
Manufacturing has evolved exponentially due to a series of tremendous technological advancements. A significant part of this evolution involved ensuring that the working environment for those employed in the manufacturing industry is safe. Historically, the industry has been labeled as dangerous for the physical safety of those employed. This was generally due to the fact that there was no attention paid to the upkeep and maintenance of the assets that facilitate manufacturing. The implementation of a well-oiled asset management system, through the use of bar code printers and readers, can ensure that the manufacturing setup is safe for those working there. This is only possible if there is a periodic inspection of appliances.
Another reason why the manufacturing industry requires a systematic approach to asset tracking is that inventory management can be a nightmare. The manufacturing industry must keep track of appliances, components of larger products, and other smaller tools or parts that are required to assemble larger, finished products. 2D Barcode printers make this easy because of a barcode’s capacity to store large sums of information that ultimately helps with administration activities. This systematic approach to asset management is essential in order to prevent wasting time in locating these tools and components.
Does your industry find great value in asset management? More and more industries are considering adopting traceability solutions in order to strengthen their warehousing, logistics, and even their day-to-day operations, as is the case with the events and attractions industry. We urge you to contact our team at Jet Marking Systems for a consultation, where we will build a customized traceability solution that fits your business needs.