How RFID Technology Can Enhance Asset Tracking

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How RFID Technology
Can Enhance Your Asset
Management Program
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SUMMARY TABLE OF CONTENTS: PAGE
The costly, time-consuming nature of data gathering in the past meant that organizations limited how Introduction ...............................................................................................................4much asset-related information they gathered and how frequently they gathered it. With today's RFID How RFID Technology Works ........................................................................................5technology, more data can be gathered faster and less expensively than ever before - information that RFID Versus Barcode ..................................................................................................7can be used proactively to prevent problems, to schedule maintenance based on actual condition RFID Technology in Real-world Applications ..................................................................8rather than on an arbitrary calendar date, and to optimize the value of all the enterprise's assets. Summary .................................................................................................................10TTwo companies helping to make these benefits possible are partners Infor (http://www.infor.com) and Blue Dot Solutions (http://www.bluedotsolutions.com).
Infor, one of the largest business software providers today, delivers integrated solutions for a wide range of industries, as well as best-in-class, stand-alone products that address the critical challenges its customers face in areas such as asset management, enterprise resource planning, supply chain planning and execution, and others. Its core asset management products include Infor EAM Enterprise Edition, Infor EAM Business Edition, and Infor EAM MP2.
Blue Dot Solutions (http://www.bluedotsolutions.com) is a leading provider of intuitive mobile and wireless computing solutions for asset-intensive companies and industries. Their mNOW! Mobile Framework provides customers with capabilities for combined mobile and RFID functionality in a single infrastructure. Blue Dot's mNOW! Middleware facilitates the delivery of information from a handheld device to customers' Infor asset management solutions.
To obtain more information about how RFID technology can help you better manage your assets, contact your local Infor or Blue Dot Solutions representative.
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INTRODUCTION UtilitiesA small US municipality has outfitted its residential water meters with RFID tags. To gather Even though the technology has been around in some form since World War II, chances are that you meter readings for water usage, a city employee simply drives by the households. The tags send think of Wal-Mart's supply chain initiative when you hear the words "radio frequency identification," information back to the reader in the city's van, which passes information to the billing system. or "RFID." Since January 2005, the retail giant has required suppliers to place RFID tags on pallets For the city, data is captured quickly and accurately. For the home owner who need not be and cases. Wal-Mart is already seeing a return on their investment, such as gaining the ability to present or call in the reading, it's convenient.1refill out-of-stock products three times faster than before. This system also helps the city manage assets: it can identify whether a meter is working improperly. But does RFID technology make as much sense for asset management as it does for supply By having this information sooner rather than later, the city reduces potential revenue loss from chain management? While senior executives may pay close attent... [download for more]