Case study - Butec | Atracio - The Next-Gen Supply Chain Execution Platform

RFID power in asset management

Construction

In the rugged expanses of construction, where every ounce of efficiency counts, the management of assets emerges as a critical factor in operational success to eventually unlock new levels of efficiency and productivity in their dailyoperations.

CHALLENGE

Managing a large number of assets across vast construction sites was a major challenge. The primary requirement was to accurately track their extensive asset base, schedule maintenance, identify employees of concern and be able to quickly locate critical equipment in the event of an emergency.

Relying on spreadsheets or traditional methods for asset management increased the likelihood of data inaccuracies, misplacements, and delays in locating assets when needed.

SOLUTION

Each asset was tagged with an RFID tag, transforming it into a digital asset with a unique digital identity. RFID readers were strategically placed across BUTEC’s sites in multiple countries, providing a multi-site view and enabling real-time tracking of asset movements and status updates.

The project consisted of implementing an efficient and rapid inventory solution using RFID technology within BUTEC Group. The project covered the supply, installation and implementation of a hardware and software solution.

RESULTS

Identify a fixed asset with an RFID tag and then locate and recognize it easily during an inventory.
Track fixed asset movements in real time, ensuring instant visibility of the location and use of assets, which can be crucial for effective management.
Prevent loss or theft of assets. Alerts can be triggered in the event of unauthorised movement, helping to secure the organisation’s assets.
Minimize human errors associated with manual data entry. This improves the accuracy of asset information, reducing the risk of accounting and management errors.