Abstract:
Efficiently, tracking information related to components, materials and equipment from the
production/construction phase to operations and maintenance is a challenge in the industries.
Advanced electronic identification and data storage technologies e.g. radio frequency identification
(RFID), are used to identify equipment automatically and to integrate related information with
equipment in various industries. The aim of this paper is to present an overview of the state-of-the-art RFID technology in asset and maintenance management. In this research, author has looked into different studies and identified some clear advantages of RFID. maintenance managers can use RFID solutions in order to accurately track movable assets, reducing manual processes through automated scanning and data entry lead to improve productivity, eliminating the costly errors associated with manual inventory, including missed or mis-categorized assets. This technology can potentially reduce the time for handling data in process of maintenance management. Timely and relevant information enables informed decision-making and offers improvement for productivity, safety and security.
Machine summary:
"maintenance managers can use RFID solutions in order to accurately track movable assets, reducing manual processes through automatedscanning and data entry lead to improve productivity, eliminating the costly errors associated with manual inventory, including missed or mis-categorized assets.
RFID is a powerful data capturing technology that provides electronic identification, tracking, and storing of information contained on tags attached to or embedded in items, such as products, equipment, cases, or pallets.
In the era when timely information, accurate forecasting of supplies and demands, real-time inventory management, control of warehouses and retail stores are vital for success, the RFID technology yields significant potential for every sector of economy, business and industry such as transportation and cargo, storage and retail, health care, manufacturers, and any other sectors and domains (Wamba and Berjis, 2010).
Barjis and Wamba, (2010) resulted from their research that the use of RFID can significantly transform the current practice of conducting business, improve efficiency of operation and management, and support decision-making process.
The use of RFID as part of an organization’s infrastructure has the potential benefits of allowing for more effective and efficient decision making using real time data, performing routine and manual task better while reducing cost or possibly even reducing the need for those tasks, and allowing top management better visibility of operational transactions (Kim et al.
In this paper we reviewed literature and researches to explore the benefits of RFID technology as one of the novel wireless communication and identification technology in assets and maintenance management."