What Are Asset Management Techniques?
How does one go about taking care of one’s property – one’s worldly possessions? Well, the majority of people put their money in the bank, put the jewellery in a safe and insure the rest. But insurance is not really taking care of your possessions, is it? It is taking care of yourself so that you do not have renew them with your own money.
In the old days, and even now, I suppose in some countries, you would employ a boy to watch over your sheep or cattle or bring them in at night for fear of lions, wolves or thieves. These were an early kind of security guard and indeed wealthy people had and frequently still do have private body guards.
What if you had a large office with a hundred laptop computers – laptops because employees had to do field work too? How would you keep track on all those? A car is another good case in point and construction site machinery is being stolen all the time even from under the noses of (or with the help of) private security firms.
So what can you do? Get dogs? That works usually, but they can be poisoned. Install video cameras and passive infra-red movement sensors connected to a control centre? That works and a lot of firms and private houses have it, but it is very expensive.
As a low-priced alternative, the police were giving out free pens in the UK, which wrote in invisible ink. The idea was to put your postcode and house number. This ink became visible under a certain kind of light. That is fine if you have a suspect or found goods.
Bar codes are not practical, the pen is better. It all comes back to insurance or surveillance.
However, there is another technique that is becoming affordable. The concept has been around for about 85 years, but it was too expensive to use on anything less significant than an airplane or a battle tank.
I am talking about radio frequency identification or RFID for short. The idea is the same one that aircraft have been using since during the Second World War – a transponder emits precoded information in response to a demand from an RF reader.
Information regarding ownership and details of what the item is can be written to an RFID chip also called a tag and the tag can then be glued inside the object that it is to protect.
There are two varieties of tag: the passive and the active. Passive tags will only reply if information is requested by a reader, whereas an active tag is always broadcasting.
Many entrepreneurs use RFID tagging to keep track of their goods. In the case of farm animals, most cattle are tagged nowadays. Most large offices have their IT goods tagged as well and we all know that fashion stores have been tagging clothes for years, although maybe you did not realize what that button was that they were removing at the till.
Individuals are already tagging their dogs, cats and cars and it will not be long before these asset management techniques will be used extensively at home as well. Insurance companies may demand on it.
Owen Jones, the author of this article writes on quite a few topics, but is currently concerned with the RFID asset management. If you would like to know more, please go to our website at Active RFID Management.
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Lol I avoid anything to do with computers unless it’s a Word document or using the internet of course. 7 Months ago
