Asset tracking
Encyclopedia
Asset tracking refers to tracking the movement of physical asset
Asset
In financial accounting, assets are economic resources. Anything tangible or intangible that is capable of being owned or controlled to produce value and that is held to have positive economic value is considered an asset...

s. Either by scanning barcode
Barcode
A barcode is an optical machine-readable representation of data, which shows data about the object to which it attaches. Originally barcodes represented data by varying the widths and spacings of parallel lines, and may be referred to as linear or 1 dimensional . Later they evolved into rectangles,...

tags attached to the assets or using smart tags, like RFID tags, which broadcast their location. An asset tracking system can record the location and usage of the assets and generate various reports. Smart tags can be used to record other attributes besides location like temperature (see portion of this article http://www.healthcare-informatics.com/ME2/dirmod.asp?sid=&nm=&type=Publishing&mod=Publications%3A%3AArticle&mid=8F3A7027421841978F18BE895F87F791&tier=4&id=3E3163F57A3F461C9EEC22000042C7D6 headlined "Making it count.")
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