5 Reasons Why Contactless NFC is the Best Solution for Asset & Inventory Tracking
When it comes to asset and inventory tracking, businesses need a reliable and cost-effective solution. That's where contactless NFC technology from WaveOn can help. NFC, or Near-Field Communication, is a well-established technology that uses radio waves to communicate data between devices. It offers a range of benefits that make it an excellent choice for asset tracking.
Many of us use NFC in our daily lives via our smartphones. In fact, contactless NFC is already being used in mobile banking and is a standard feature on smartphones. It allows users to make payments, access information, and exchange data with other devices with just a tap. This technology is leading the consumer fintech digital transformation, especially in the form of contactless payments and 'tap to pay' apps.
But NFC is also well-used as an asset tracking system. Like many tracking systems, it provides several benefits for asset managers. But what sets NFC apart from other asset tracking systems such as RFID, Barcodes, and GPS?
NFC vs. Other Tagging Technologies
NFC technology offers several advantages over other tagging technologies such as QR codes and RFID. While QR codes have low running costs and are user-friendly, they require a higher degree of visibility to transmit information. In contrast, NFC tags don't require a line of sight and offer greater security. RFID is effective for asset tracking, but NFC offers more versatility for other uses such as not requiring dedicated scanning devices.
Five Reasons Why You Should Consider NFC Tags for Asset Tracking in your Business
Convenience
NFC tags are easy to use and don't require any special equipment. They can be fixed to any type of asset and read using a smartphone or tablet. This makes it easy for businesses to track their assets and manage inventory from anywhere.
Security
NFC tags provide an extra layer of security compared to other tracking technologies such as QR codes. They can be affixed to buildings, and security personnel can tap them with their phones to access real-time asset data from offices and storage facilities.
Minimal Training for Staff
Your staff already have a smartphone and likely make contactless payments or use other forms of contactless NFC technology even without realizing.
Fast processing
NFC tags don't require a line of sight between the smartphone and the tag. All that's needed is a single, simple tap of the phone on the surface of the product or device that features the tag. This speeds up the processing time and ensures better accuracy.
Low running costs
Contactless NFC technology is cost-effective since it uses existing smartphones and tablets to enable tracking. This reduces the need for additional digital infrastructure and keeps running costs low.
Contactless NFC Offers Clear Benefits for Asset Management and Tracking
In conclusion, NFC tags are an efficient and cost-effective solution for businesses looking to improve their asset tracking and inventory management systems. The technology offers benefits such as convenience, security, and low running costs. With NFC's compatibility with existing smartphones, it's no surprise that NFC usage is growing exponentially year on year and across all areas of life.
If you're considering implementing an NFC asset tracking system in your workplace, consider the benefits of WaveOn. Our innovative NFC products and solutions can help streamline your asset management process, improve productivity, and save you time and money. With WaveOn, you can rest assured that your assets are being tracked and managed effectively, allowing you to focus on growing your business. Contact us today to learn more.