Why the development in RFID technology has made asset management more urgent?

There are key developments in both RFID tags and readers. Consequently, using RFID tags to track and manage assets is significantly cheaper, easy to implement, low risk and efficient:

• RFID tags: more variations with different performance and price levels.
• RFID readers, data communication and analytics.

If you are interested in evaluating the use of RFID tags to help you more efficiently manage your enterprise assets, what are the critical factors to consider, here is the list we would recommend:

• Assess the operating environment your assets are located.
• Be holistic when you think about managing assets.
• Think about “managing your assets”, instead of “tracking the assets”.

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