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Use Cases Track and Trace for Industrial Tools & Assets

Track and Trace for Industrial Tools & Assets

Track and trace for industrial tools refer to systems capable of recognizing and reporting the location and status of tools in a facility. Today's production of industrial and consumer goods requires exacting work. Precise application of pressure or torque is required in many industries and operator errors can cause costly defects. Track and trace technology can improve production safety, quality, and productivity.

The goal of ‘Track and Trace’ is to manage handheld power tools in manufacturing and maintenance environments more efficiently.

Asset tracking is currently done via barcode and a variety of manual steps in most cases. However, new solutions leveraging smart tags, near-field communication (NFC), and RFID are coming to market to globally track all varieties of objects in real time.

 

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Xerafy's RFID Tags Track Dental Equipment
Xerafy's RFID Tags Track Dental Equipment
Columbia University's College of Dental Medicine (CDM) employs school-owned dental instrument in their training and needed a way to accurately track the instruments in order to contain costs and manage the sterilization process.
IIC - Track and Trace Testbed
IIC - Track and Trace Testbed
Factory systems can detect - within a meter - the location of a tool; Misuse of tools can result in serious accident or injury; The production of many industrial and consumer goods requires exacting work - down to the precise force used to tighten a screw. GOAL Manage smart, hand-held tools in manufacturing, maintenance, and industrial environments
Online Calculator Helps Haulers Increase Container Efficiency
Online Calculator Helps Haulers Increase Container Efficiency
As the waste industry continues to evolve and focus on more efficient and effective methods of tracking and deploying containers and other assets, were excited to be able to offer a solution for our customers.

The track and trace solutions market is projected to reach USD 3.93 billion by 2023 from USD 1.65 billion in 2018, at a CAGR of 18.9%.

Source: Markets & Markets 

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