AssetTrax

AssetTrax: Capital Asset Tracking
Purpose

AssetTrax, based on TraxWare, provides a large set of applications, hardware, and utilities that altogether enable: recording items to be tracked, encoding tags with standard EPCglobal data, associating each tag with an item, tracking items using RFID portals and handhelds, and reporting current and historical information.

As RFID tag cost has declined, and with the availability of specialized software like AssetTrax, it is practical to tag individual capital asset items and track each one through its life cycle. While the major benefit is loss reduction, improvements in efficient workflow and business processes are providing the return on investment that competitive companies demand.

Benefits
  • Precisely tracks capital inventory
  • Reduces labor requirements for physical and cycle counting
  • Improves location management of capital assets
  • Tracks individually serialized inventory items
  • Accurately tracks transactions with minimal labor
  • Provides improvements in the visibility of the life cycle
  • Updates inventory levels in real time
  • Interfaces with enterprise systems for data exchange
  • Answers the questions of what, when, and where
Features
  • Can be server based, mobile device based, or combination
  • Works with databases (MS SQLServer, Oracle, ODBC, Access)
  • Supports EPCglobal tag encodings
  • Supports standard reports and queries
  • Multi-user browser interface, or local windows console
  • RFID tag lifecycle management utilities
  • RFID label printing and job queuing
In Action

A key feature of AssetTrax is its use of entity containment to group assets together and track them as a whole. In the following video a kit (container) consisting of many RFID-tagged components is built by passing all components on a conveyor through an RFID hot box.

AssetTrax scans all components in the kit, verifies that each component belongs in the type of kit being built, and associates the components in the database. After the kit is built, properties of each component, like location, custodian, event history, and pedigree, can be read and edited by identifying just the kit, via either RFID or barcode.