Asset management with rfid makes it possible to know the stock of your products, its location and status, and also you can do it in a very simple and efficient way. Therefore, managing assets efficiently should be a priority for every company. At least if the aim is to achieve business success and to be able to offer quality services.
There are important and common mistakes that can not only cause you to lose a lot of money, but also other problems.
But don’t worry. In today’s article we are going to show you the 5 main mistakes in the management of your assets that you should not make if you want to take your company or project to success.
#1. Reducing the productivity of your team
Your team relies heavily on the resources you give them to work safely, efficiently and quickly. Without them, asset management can suffer.
Using tools such as rfid technology can help your employees improve their productivity by focusing only on those tasks that are really important and profitable. Knowing where their work tools are located improves their productivity by preventing them from wasting time searching for them.
#2. Buying the wrong ones
If you don’t organize your assets well, you may buy products that you don’t really need and that may cause a loss in your investment. This can affect the whole structure of the organization itself.
Don’t waste resources on assets that are not really going to be of any use to you. It may be that using those resources in more advanced technologies that allow you to better manage your stock is the best possible investment.
#3. Losses due to security breaches
If you don’t manage your assets well, security breaches may occur.
Can you imagine customer’s data or even your own organization’s data getting into the wrong hands?
In addition, to huge financial losses, this could have a negative impact on your company’s image.
Security control is necessary to indicate where any failure may appear and being able to correct it before it happens.
Thanks to the resources available to you in these days, you can be sure that your data and those of your customers are not at risk.
#4. Not having a good communication with your customers
When we buy a certain product, we want to know the shipment status, and when we will be able to have it in our hands. For this reason, affective and effective communication becomes a priority.
If you have a shop, whether street or online, you must have the necessary tools that allow you to guarantee the traceability of a product in order to be able to inform the customer at all times about the order’s status. In this way, besides of being able to report delays, you can know the status of the stock, identify possible losses and much more.
#5. Not updating your tools
Maybe you are one of those companies that, up to now, still use excel to organize your stock. This may work on certain occasions, but let’s face it… How many errors occur because of using these obsolete tools?
To avoid this type of situation and to have a good asset management, you must bet on the best technology and, in this case, it is rfid.
Gain liquidity with rfid systems
RFID or radio frequency identification is a technology that collects, stores and analyses data by reading tags. The aim is no other than to show the status of goods and people in real time. So, it is fair to say that with it, you can get a better control over your assets, improving the liquidity and profitability of your business, avoiding possible errors and costs.
At Kyubi we know that you cannot afford to neglect the management of your assets. That is why we offer you the help of our professional team who will help you make the best decisions to have total control over the activity of your business.
Thanks to our RFID technology and the systems we have developed, you will be able to have control over such important factors in your supply chain as stock management or asset traceability and mobility.
Get the best technology for your company to achieve short, medium and long term objectives with Kyubi System, your best option for your assets management.
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