How AssetGather’s RFID Lab Equipment Tracking Software helps R&D Lab Managers to get Instant Visibility

Lab equipment in R&D laboratories are highly expensive and very vital for testing and other critical processes. R&D Lab managers have to constantly track the movement of lab equipment inside the lab and between the labs to know the exact location of each equipment and check for equipment availability. In addition, R&D managers need to know when the equipment was last calibrated and which equipment is due for preventive maintenance in order to ensure that the equipment meets the regulatory compliance standards.

Lack of visibility of lab equipment movement can result in scientists and technicians wasting their time to search for the required lab equipment, and can cause delays. Lack of data on calibration and preventive maintenance can hinder the functioning of the lab, affect the quality of results, result in equipment failure and increase the expenses in terms of replacing lost or damaged equipment.

R&D managers cannot keep track of the lab equipment and manage calibration and PM process manually. This is where AssetGather’s RFID Lab Equipment Tracking Software helps to get real-time visibility of lab equipment and other accessories in no time.

RFID lab equipment tracking software

AssetGather RFID Lab Equipment Tracking Software

With our RFID Lab Equipment Tracking Software, R&D managers will be able to find the location and status of any equipment in the laboratory. It is as easy as performing a Google search. Using Handheld RFID reader and/or fixed RFID readers, R&D Managers can quickly monitor the presence of equipment in labs and perform inventory audits in no time. The best part is, no human intervention is needed after the lab equipment is tagged with an RFID tag. The RFID-tagged equipment wirelessly check themselves in and out as they are moved from one laboratory to another. AssetGather’s RFID Lab Equipment Tracking Software is the best way to track and trace laboratory equipment and accessories.

RFID Lab Equipment Tracking Software – Key Features

Automated Check-In / Check-out

The RFID laboratory equipment tracking system enables automated equipment check-in / check-out, raise alerts on missing equipment, what’s moved excessively and what’s not moved at all. It reduces asset audit times by more than 90%.

Handles Calibration & Preventive Maintenance Efficiently

AssetPulse RFID laboratory asset tracking software helps you to manage the calibration process efficiently. The software helps R&D managers to track and locate equipment that are due for calibration and proactively alerts managers of upcoming calibration dates via email as well as software alerts.

Handheld Reader leads you to Equipment

You can use the Geiger-counter search on the handheld reader to quickly lead you to the missing equipment or equipment that is due for calibration.

Deployed at both SMBs and Large Enterprises

AssetGather’s RFID lab equipment tracking software has been deployed at several SMBs, Fortune 1,000 companies, Pharma / Medical / Manufacturing / Computer Software and many other industries, at government agencies, and in the US Military.

Best in Class with US Patent Protection

AssetPulse has several US patents on RFID Asset tracking.

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RFID for Inventory Control in Manufacturing

RFID Implemented for Inventory Control in Manufacturing Operations

Managing inventory levels in a cost-effective and revenue-driven manner can be difficult, even for the most experienced manufacturer. Without access to effective systems to help automate inventory control processes, properly managing inventory levels can be quite the challenge for manufacturers. AssetPulse RFID asset tracking solutions helps in automating inventory management.

RFID Implemented for Inventory Control in Manufacturing Operations
RFID Based Inventory Control in Manufacturing Operations

AssetPulse’ inventory control capabilities allow manufacturers to automate their processing based off of previous purchasing trends and can even set reminder alert for raw material orders to renew when needed. With a real time inventory data, inventory control becomes less of a pain point and more a second nature

How inventory is traditionally managed?

Many different ways are used to keep control of inventory. One basic method is by creating a spreadsheet with various columns for product name, item number, and quantity. A column to deduct what is sold or consumed. Additionally, a log for returns and new incoming stock is maintained. It requires continuous manual monitoring to ensure every transaction is accounted for.

For more sophisticated customers, they may be using an ERP system to track inventory and inventory levels. Often data input into these systems is also manual – often through barcode scanners.

Of course, these are all labor-intensive processes. The information is difficult to share, and another huge pitfall is human error. People are prone to make mistakes––mistakes that are difficult to track and result in inaccurate inventory numbers.

Forecasting Demand

A manufacturer relies on inventory to complete a finished product for which they expect to get paid. For example, an aerospace manufacturer has millions of dollars in parts in their inventory of raw materials that they include in the finished product.

Forecasting demand is essential for any business. For a manufacturer, this means having enough inventory on hand to meet this demand. If a manufacturer fails to forecast demand and orders too little inventory, they face the possibility of losing customers to a competitor. A late order may come at a higher expense, as supplier prices rise due to increased demand; this is another way the manufacturer loses money. If the manufacturer overestimates demand and orders too much inventory, they stand the chance of having unused inventory and may have to incur additional storage costs.

AssetPulse RFID asset tracking solution

Inventory management can be automated with the help of AssetPulse RFID asset tracking solution. RFID tags are affixed onto the items that are inventoried. Fixed readers can be strategically placed either at the source or the destination to monitor transfer of inventory. E.g. inventory can be tracked in VLMs (Vertical Lift Modules), on shelves where inventory is stored or the carts that carry inventory from one location to another. RFID readers can be placed also at the destination where the inventory is consumed.  With the help of these fixed RFID readers or handheld RFID scanners, inventory data is updated in real-time or periodically, whichever is optimal.

The AssetGather RFID based tracking system is available as a hosted solution or as an on-Prem solution – inventory data is readily accessible from anywhere, in either case. Apart from this, AssetPulse RFID asset tracking solution also alerts users when the inventory level is running below par and inventory thresholds are likely to be breached imminently. All this happens automatically without any human intervention, thereby making the otherwise time consuming process very efficient and accurate.

AssetGather also can integrate with other ERP systems to update those system with inventory data that is automatically collected by AssetGather. Integrations can span a range, from very simple exchange of data to more complex integrations that not only update inventory data, but also facilitate and validate various manufacturing processes as they occur in real-time.

The RFID asset tracking software also has different reports including historical reports which enables manufacturer to forecast a demand and stock required inventory.

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