Inventory Management

Inventory Management System is used to identify the assets of a company and their respective locations. Office assets of the company may be spread among multiple locations and doing a periodic inventory manually is a painful process.

AreteInfo Technologies proposes an RFID based Inventory Tracker. In this solution all the office assets will be pasted with an RFID tag onto it and will be registered in the Inventory Tracker Application with a Unique ID.

RFID is a technology that uses radio waves for communication between a tag (data carrier or RF transponder) and a reading device. The tag usually consists of a microchip attached to an antenna. The reader (or interrogator) is usually capable of reading data from and writing data to the tag.

An RFID tag is a tiny microchip, plus a small aerial, which can contain a range of digital information about a particular item. Tags are encapsulated in plastic, paper or similar material, and fixed to the product or its packaging, to a pallet or container, or even to a van or delivery truck.

The tag is interrogated by an RFID reader which transmits and receives radio signals to and from the tag. Readers can range in size from a hand-held device to a ‘portal’ through which several tagged devices can be passed at once, e.g. on a pallet. The information that the reader collects is collated and processed using special computer software. Readers can be placed at different positions within a office or a factory or a warehouse to show when items are moved, providing continuous inventory control.

We propose to do the inventory using a handheld RFID reader. A person with a handheld terminal can move around and read all the RFID tags pasted on the assets. UHF Handheld reader will be able to read all the RFID tags in proximity of 1-2 meters. Once the person has read all the assets he can then go back to the Inventory Tracker server, connect the handheld terminal to the Inventory Tracker Application and transfer all the data. All the reports then can be fetched from the database which will give an idea of the assets inventory as well as will show the reports of missing assets

Few of the benefits of Inventory Management System are as follows:

  • Ease of Doing Inventory
  • Total asset visibility
  • Allows reduced inventory-stocking levels
  • Overcoming Manual errors
  • Ease of identifying the location of assets
  • Ease of identifying the missing assets
  • Customized reports related to inventory
  • Multi-location system