RFID Can Do More Than Track Assets

While using RFID to track capital assets such as machinery and tools has proven benefits, some forward-thinking manufacturing and research facilities have also begun using RFID to comprehensively manage assets to achieve even more ROI. After all, while knowing where specific capital assets are located at any given time is very useful, not knowing if the full pool of capital assets are in use — and for which project and by whom — still leaves efficiency gaps.