Tracking barrels is essential to recognize, localize, and gather information about the liquid a barrel contains. Gas, chemicals, and beverages are all present and should be handled with extreme caution. Making the incorrect choice while replenishing or supplying a barrel or container could have major repercussions, especially when it comes to hazardous substances. Only a reliable tracking system, like RFID barrel tracking, can guarantee accuracy and make it simple to find the barrel.
Importance of RFID Tracking System
For practically any organization, managing and locating crucial assets is a major difficulty. Missed deadlines, client obligations, wasted labor, and expensive delays or downtime can all result from time spent looking for essential equipment.
In the past, businesses have dealt with this issue by tracking equipment with barcode labels, managing assets using serial numbers and spreadsheets, or both. But each of these approaches demand a substantial amount of manual labor. Radio frequency identification (RFID) technology automatically tracks those assets is one method to quickly improve asset management.
In an RFID asset tracking system, data is transferred from an RFID tag to a reader via electromagnetic fields. RFID can give precise, real-time tracking data for both fixed and mobile assets, whether you’re talking about office equipment in a multi-story building, wheelchairs and IV pumps in a huge hospital, tools and equipment in a factory, or pumping equipment in remote oil fields.
How does RFID Tracking System Work?
Any system that you need to work with perfection, needs to have a dedicated set of tools that makes the system perform the way you actually want to be. The principal gets applied to the RFID Tracking system too. The fundamental operating principles of an RFID tracking system are essentially the same wherever it is used to track any of the assets of your business. What you need is the appropriate combination of tools first:
RFID Tags(Passive, Active, or Semi-Passive)
A battery or solar power can be used as an active tag’s power source. The power source charges the extra circuits on the tag and modulates the field of the RFID reader. As a result, data transmission to the RFID reader requires the reader’s electromagnetic field. The RFID tag will amplify the low-frequency signal to transmit extra data from built-in sensors or GPS circuits.
A power source is not necessary for passive tags. The RFID reader’s electromagnetic field energizes the RFID tag. The energy required to transfer data from a tag is provided by the reader’s electromagnetic field when a tag enters that field. To extend the transmission range, the reader’s frequency can be modulated. The tag’s data is read and written using the same electromagnetic field. If the tag is outside the RFID reader’s range, it won’t reply.
An internal battery, an antenna, and an RFID chip are all included in a semi-passive tag. Compared to an active RFID tag, it has a shorter signal range, and the addition of a battery enables more functions like sensors and real-time tracking. When using such semi-passive tags, an RFID reader is nearby. It frequently serves as a tool for environmental and health monitoring, including in temperature-controlled transportation.
An RFID Reader
The Asset location is updated due to the tag being read by the RFID reader installed at each inventory or checkpoint. When RFID tags pass through inventory gates, a fixed reader put there will automatically read them and update the RFID database.
An Asset Tracking Software with Rich Database
The tag information and transit updates from the filling phase are recorded in the RFID database. Every time the associated RFID scanner detects a tag, it automatically updates the information describing the barrel transit.
How RFID Tracking System can automate your Asset Tracking?
Thanks to a portable RFID reader embedded into a mobile computer, staff may quickly and easily scan one or more asset tags without having to physically view the tags. Employees using conventional barcode labeling would need to hold a barcode scanner directly in front of the tag to perform an accurate scan. In other instances, scanning difficult-to-reach assets would call for crawling underneath desks, behind computer racks, or up ladders. The reader can be several feet away from the RFID device and yet receive an accurate scan. In a matter of seconds, one employee might quickly scan a number of dozen assets in a room.
Even more, asset-specific data can be stored on RFID tags with more onboard memory. The tag itself can hold data about maintenance activities or sensor data that can be read and written to by a field technician using a mobile device for use in distant places where connecting to a back-end application or database can be difficult.
Although barcode labels can be used for asset monitoring and do offer a quicker option to looking up serial numbers by hand, an RFID asset tracking system can offer a number of benefits over barcoding. These consist of:
- Without requiring line-of-sight between the tags and scanner, reading many tags simultaneously. A single employee could quickly inventory a room’s worth of equipment.
- Critical service data can be recorded directly on the assets, allowing for more precise asset life cycle management.
- RFID tags can be used to offer asset condition data in addition to location information by integrating them with sensors and GPS technology.
- Assets can be identified and located remotely in only a few seconds by combining the solution with a wireless LAN.
- Time spent tracking inventory can be cut from days to hours.
- Real-time warnings and alarms can be generated if assets are removed out of a building or moved to unauthorized areas to increase asset security.
- Enhanced productivity since most asset management chores can be performed more effectively using RFID and assets can be located practically instantly.
Benefits of RFID Asset Tracking System
Automates Costs and Labor Time Reduction
Businesses may automatically follow the movement of assets thanks to the use of RFID for asset tracking, whether in warehouses or when the assets are in transit. Additionally, an automated data gathering procedure enables the organizations to receive precise updates in real-time directly to an asset monitoring system. Asset managers can keep an eye on inventory levels from here, follow the supply chain, and even spot expensive operational delays.
Cuts-down the Labor Cost and Human Errors
Spreadsheets and other manual tracking techniques are no longer necessary with automated asset tracking systems with RFID technology, which effectively cuts down on staff labor and human involvement. The automation reduces the cost involved in sparring extra staff for tracking activities and reduces the chance of human errors, ultimately cutting down the cost of wastage, theft, or spillage.
Offers A Favorable Return On Investment (ROI)
RFID is a reliable and affordable asset tracking method when compared to other methods. So much so that companies in the manufacturing, logistics, and retail sectors have been able to achieve ROIs of up to 200 percent because of the low running expenses.
Real-Time Locating System Reduces Asset Loss and Theft
The expense of replacing assets that have been either lost, misplaced, or stolen can have a negative impact on a company’s profitability. Most asset-heavy industries incur this expense regularly. Businesses can triangulate the precise location of their assets by deploying several RFID readers and antennas. resulting in precise and current location information.
Although RFID works well on its own, other cutting-edge technologies work well together, such as blockchain, where RFID events can be used as a trigger to add a block, or edge computing, because RFID can quickly generate huge amounts of data.
Reduces the Need of Safety Stock
As the RFID tracking system is showing a very accurate picture of the asset inventory, you can get a clear idea when and how much to order before the stock goes out and will be replaced with a new order to avoid investing unnecessary money in safety stocks.
Summing it up:
The world has witnessed how the asset tracking system has changed the logistics and transportation sectors. This industry is no different from others in that it seeks to incorporate new technologies. Because of a situation that could seriously affect the company. The management and resolution of those issues can be greatly aided by an RFID asset tracking system. To learn more about how an RFID tracking system may revive your asset management and tracking and help you expand your business, email us at email@example.com or schedule your appointment with our experts today to get started.