tragging rfid solutions | fixed assets management solution
TRANSCRIPT
OverviewFixed Assets Management Solution
Issue October 2015
Tragging Overview
Tragging sarl is specialized
in providing business
solutions through RFID
technology (Radio Frequency
Identification).
The company produce
several solutions:• Fixed Assets Management
• Inventory Management
• POS Management• Employees Management
For more information about the company
www.tragging.com
Fixed Assets Management & Tracking Solution
Fixed assets have been always the pillar of major companies.
Major companies and organizations are interested
significantly in managing and tracking their fixed assets.
Hence, Tragging innovated a customized fixed assets
management system in order to assist companies to:
ControlThe quality and conditions ofall fixed assets
Ensurethat assets are present in
their previously defined
locations (room, hall, etc.)
Verifyon a regular basis if the fixed
assets are physically present
into the company’s premises
OrganizeAmortization report for each
asset or site separately
TrackThe due dates of guarantees
and Warranties
TraceThe Maintenance contracts
of each property
Fixed Assets Management and
Tracking Solution consists of:Handheld RFID reader Supports Windows OS
RFID Tags Quantity depends on how many assets to manage and track
Fixed assets management software Supports Windows OS●
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Handheld RFID ReaderManufactured by Alien technology corporation, its
task is to inventory your assets, in addition to
several characteristics:
For more info about this device:
http://www.alientechnology.com/products/readers/handheld/
Capable of reading RFID tags with a
range up to 10m
Reading more than 300 RFID tag per
sec.
Ergonomic design and lightweightIn addition to several features
RFID Tags manufactured by Alien Specify each asset with a unique identity, in addition to
several specifications:
Small size, ranges between 4cm to
7cm
Capability of enduring natural factors
and harsh environments
Memory up to 512bit and do not
need a power source in addition to a lot more specifications
For more info about RFID Tags: http://www.alientechnology.com/products/tags/short/
Fixed Assets Management and Tracking Software
Developed and designed by Tragging company,
supports Windows OS, in addition to several
features, on top of it:
Fixed assets management and accounting
system using RFID technology
User friendly, based on visual interaction
and colors indicators
Integrated with several global ERP
systems
For more info about the software:
http://www.tragging.com/ar/solution/fixed-assets-tracking/
Benefits of Fixed Assets Management
and Tracking Solution powered by
Tragging:
100% 94% 30 secReal time fixed assets
monitoring
Reducing cost of
fixed assets inventory
process
Average necessary
time to inventory
each 1 m2
0%Wasting ratio due to
mismanaging
guarantee contracts
0%Error margin in fixed
assets management
and tracking process
Unnecessary
To install RFID Tags
at a visible place
Fixed Assets Management and Tracking
Solution Pricing quotation Lebanon 2015
Starting at
8.000$
RFID Reader
FA Management
software
10h Training on site at
the client location
System Installation and
implementation
All fees and taxes
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Starting at
2.000$
Cost of additional
Alien RFID reader
and Fixed Assets
Management and
Tracking Software
License.
Starting at
0.1$
Cost of Alien RFID
Tag, price ranges
depending on the
tag model and
the material the
tag is made of.
And includes:
Major sectors that Fixed Assets
Management and Tracking Solution is
designed for:Medium and major enterprises
Central banks and all their affiliate branches
Hotels and Resorts
Hospitals and Health care organizations
Universities, schools and educational institutes
Governmental and Non-Governmental
organizations
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Return on investment from applying the
Fixed Assets Management and Tracking
Solution submitted by Tragging
RFID technology ROI rate is generally considered significantly
high, and it differs from an application to another, yet the
average is 63%
63%
Average
ROI rate
Barcode
RFID
Barcode
RFID
System installation costSystem implementation cost*
*System implementation cost includes labor cost, storage and delivery cost, wastage cost whether it was caused by
negligence or theft. To calculate ROI and for further enquiries: http://www.tragging.com/case-study/
Frequently Asked QuestionsWhy should I switch from Barcode to RFID?
For many reasons, on top of it that with RFID
system, tags do not have to be visible in order
to read them, unlike the Barcode system which
require a visible tag on each asset. Besides,
with RFID, assets inventory can be done by
one individual and in a matter of minutes, on
the contrary, Barcode system requires a full
team and prolonged hours to accomplish the
task.
Can your system replace our applied ERP
system?
No, our system is supplementary to ERP
systems, however, you can issue accounting
reports through it, yet accounting entries
should be done through ERP systems. It’s
noteworthy that we have integrated our
system into several ERP systems, on top of it
“Quickbooks”
Who will take charge of the assets
registration and inventory process for the
first time?
In what concerns the first inventory process,
the client accounting department should be in
charge of this task. However, specialized
contractual auditors and accountants could be
employed to do the job .
As for the registration process, the software is
all set to import Excel data sheets, by result, it’s
a simple process that can be done by both,
the client himself or Tragging.
To what level fixed assets can be tracked?
Fixed assets can be tracked according to four
levels.
Building or branch >> floor or department
>> room >> asset
Floor or department >> room >> asset
Room >> asset
Or assets can be tracked without a specified
location.
Frequently Asked QuestionsWhat if my fixed assets are exposed to
extreme heat and pressure?
Yes, there are several models of RFID tags that
can endure up to 600°C and extremely high
pressure, as there are tags that endure
freezing temperatures.
Is fixed assets real time tracking possible?
Yes, but in order to benefit from this feature, a
fixed RFID reader and several antennas should
be installed.
How much time do I need to switch from
my current Barcode system to RFID system?
Generally the process doesn’t require a lot of
time, it depends on the client’s company size,
yet the minimum estimated period is one
month. And to guarantee the quality of our
system output, we’ve added AB test feature
which will allow the client to run his first
inventory using both his system and ours
simultaneously, afterwards our system will
compare the results to insure conformity.
Is it necessary to sign an annual
maintenance contract? And can I purchase
tags and equipment from another supplier?
No, it’s not mandatory to sign a contract,
support and maintenance services are free
through telephone and internet. Besides, the
client can purchase tags and equipment from
any supplier, we should note that currently we
support only Alien RFID reader.
Is this system applicable to track inventory?
No, this system is designed to track only fixed
assets, to manage and track inventory
Tragging has innovated a specific solution, for
more details please check:http://www.tragging.com/solution/inventory-
tracking/
Contact usFor further enquiries or to request a live demo to our solutions
on site, please contact our business solutions sales department
Phone
+961 6 42 42 99
+961 76 44 22 66
Tragging LTD
New York +1 347 535 4497
Lebanon +961 6 42 42 99
www.tragging.com
www.fixedassetsmang.com
www.rfidlebanon.com