Articles
Do You Know Where Your Assets Are? Maximizing ROI With RFID Asset Management
December 2, 2008
•White Paper: Do You Know Where Your Assets Are? Maximizing ROI With RFID Asset Management
By Intermec
Companies today are making millions of dollars' worth of decisions based on data that is only about 70% accurate. They may have an existing procedure for how assets move through their internal or external supply chains. But when they get an opportunity to look at actual data about that process, it usually doesn't match their perceptions. RFID technology can provide visibility into that unknown, and it can do this automatically.
It's past time to move away from focusing on the cost of radio frequency identification (RFID) and its use in compliance alone. Many manufacturing companies and other organizations are now using closed-loop, passive UHF RFID implementations to solve problems in enterprise asset management and fundamentally alter and improve business processes. In doing so, they are finding a positive financial return on their RFID investment.
The decision to use RFID is really about more accurate data, more accurate and timely information that allows companies to make better business decisions, thus driving ROI. The concern is not just for the value of the assets being tracked, but about the cost of not knowing where those assets are or how many there are.
Click Here To Download:•White Paper: Do You Know Where Your Assets Are? Maximizing ROI With RFID Asset Management
