Why is a barcode system essential for your business?
Keeping a track of your inventory while it passes through different stages of the supply chain is crucial to running your business seamlessly. Although many companies still rely on manual methods and guesswork for tracking their assets, using automatic programs for asset tracking can really nudge out inefficiencies.
Radio Frequency Identification (RFID) is the use of radio waves to read digital data coded onto tags. The scanned information can then be added into a business’s database for further use. RFID works under the banner of Automatic Identification and Data Capture (AIDC) mechanism.
By automating the data entry process, it minimizes the need for human intervention in daily business tasks. Using RFID scanners eliminates human errors, increases the accuracy of data and allows for improved decision making.
RFID technology generally consists of three components: a tag/smart label, a reader, and an antenna. The tag embedded in a particular asset transmits radio signals to the reader. Each reader has a processor that converts radio signals into a digital form so the data can be uploaded onto the company’s database.
Types of RFID Systems
There are two ways to scan and process radio signals depending on the location and configuration of the RFID tag.
Equipment is critical to daily completion of tasks in any business. Be it the construction sector or the entertainment industry, companies have a multitude of assets. These could range from low-value items for everyday use to capital-intensive machinery. However, you can’t just let all this stuff go haywire.
To optimize performance and raise productivity levels of your equipment, it is important to devise some well-grounded management strategies.
One of the best ways to keep your equipment up and running is to track its performance across its lifespan. This allows you to keep tabs on changing work requirements and tweak your equipment accordingly to increase productivity. Before we jump onto the best practices, we need to know and overcome a few common hurdles that crop up when it comes to equipment tracking. Continue reading →
The main aim of prompt equipment maintenance revolves around maintaining top functionality and minimizing breakdowns. Maintenance management of mechanical equipment includes repair, replacement and servicing of tools. It ensures their operational viability and prevents fluctuations in the production process.
The evolving nature of many industries is calling out for better equipment maintenance practices. In today’s age, even a minor downtime can lower the overall efficiency of machines and lead to major production losses. Thus, it’s critical for organizations to design a robust maintenance strategy. Continue reading →
Asset management for business – main elements and features
Asset management is a fancy word which essentially just means knowing where all of your assets are and ensuring all employees have the equipment they need – on time and in top shape! In pursuit of this seemingly massive feat, studying asset management trends and implementing the right processes is extremely critical.
Regulating asset usage is a major part of a firm’s asset management structure. Assets require careful attention as they go through the various stages of procurement (or production), usage, maintenance, upgrades, and eventually, disposal. Continue reading →
Every kind of business requires funds to cover its day-to-day operating costs. Non profits work the same way, except that they’re run solely by donations and grants. With little to no financial reserves, it is extremely vital for nonprofits to continually review their fundraising policies in order to maintain a steady flow of donations.Continue reading →
Sports equipment management relates to organizing, monitoring and reporting on any equipment used by sports facilities. These facilities include training centers, gymnasiums, stadiums, sports federations, and even universities. They can host several activities, tournaments, and training sessions, all of which use a wide range of gear which greatly complicates the process of monitoring and servicing. This, coupled with the rise of injuries in sporting events, calls for better sports equipment management practices.Continue reading →
Surgical tools and machinery aid medical procedures and are critical to the diagnosis and treatment of patients. In most hospitals and medical centers, a trained biomedical and engineering team manages the entire medical inventory, and is responsible for dealing with medical equipment hazards. Here is the inventory that they manage:Continue reading →
I once worked with a graphic designer who adamantly believed – and regularly reminded others – that “If everything’s bold, nothing’s bold.” It’s true. Bold, italics, underlining … special formatting is designed to draw attention to, well, special information. Apply the same principle to your reporting.
When it comes to reports, remember the age-old acronym “KISS”:
Okay, I may have taken some liberties there, but you get the point. Clear and concise is best, for both the recipients’ sake and yours. Don’t get lost in the details. Your position may require you to know a large amount of data, but that doesn’t mean everyone else needs to know it. In fact, if everyone else knew all of the information you do, why would they need you? Instead, boil down what you know – and what they need to know – to the few things that truly make an impact on improving your business.