When it comes to doing home inventory and asset management, there appears to be a consistent effort towards making the process more efficient and simple. The innovation of RFID helps in this making this happen. RFID or Radio Frequency Identification is a technology that grants its end-user a quicker way to read, collect, store data about certain items – it can even allow the ability to track the said item. This is all made possible through the use of both RFID tags and readers.
To allow an end-user to both read and write data, RFID tags have microchips embedded onto them and usually don’t contain any battery, known as passive tags. They are powered by the radio waves that an RFID reader emits to communicate with the tags. And if ‘active tags’ are opted for, readings are not limited to the reader’s range, but long-range tracking is even possible.
So, with a brief understanding of how RFID integration simplifies the storing and tracking process in general – how exactly can it benefit the management of home assets? Read on below for a clearer idea.
How can RFID technology help with home asset inventory?
Doing an inventory of a person’s home assets is very important when it comes to insurance processes. However, doing it can prove to be a challenge because there are many issues that needs to be taken into account.
This is where RFID technology comes into play – given its technological capabilities, there are ways on how RFID asset tracking can make the inventory and management process of home assets more simple and efficient.
Increased visibility of assets
The scanning of specific assets are done quicker if RFID technology is integrated into the management process.
In contrast with barcode technology which requires close proximity and line-of-sight between the end-user and the asset, RFID doesn’t require this since the ability to read tags at a certain distance is made possible through the communication that is done between the RFID tags and readers. Ultimately, RFID provides users with more accountability with visibility of their assets.
Second, integration of RFID into home asset management can provide the user with a more accurate inventory. Traditionally, doing an inventory is a tedious process that needs to be done manually which can be frustrating and extremely time consuming.
But with RFID, a simple scan with an RFID reader will automatically take into account all items that have RFID tags attached to them. When compared to traditional inventory methods, there is a big improvement of inventory accuracy with using RFID technology.
Minimise workload and save time
Apart from these, RFID can also mitigate the need for manual labour. It’s no secret that doing an inventory requires physical work if it is done manually because the quantities need to be precise, it has to be done on a regular basis to ensure they are up to date and all items are accounted for.
But with RFID, the technology does all the leg work so the end-user doesn’t have to – the end-user can write specific information about certain items on RFID tags, which can quickly be read by an RFID reader.
Better management of items
Depending on the RFID technology, the end-user can also track the whereabouts of certain assets. This functionality helps make locating of tagged items easier in the situation where they might be misplaced, or worse, stolen. In the long run, this will minimize the cost and time consumed that would otherwise be incurred if important assets are missing.
While RFID integration is more commonly known for business use – it is equally beneficial for personal use and management, in this case – home assets or documents which are considered important like passports. So, with a better understanding of how RFID application works – you can consider using it to track, manage, and monitor the condition of your items.