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Real-Time Locating System is the foundation for Real-Time Asset Visibility and a Necessity for Better Asset Utilization or “On-Demand” Real-Time Personnel Visibility for Personnel Safety

 

(View video on AVANTE Real- Time Asset Tracking System and Solution)

(View video on AVANTE Real- Time Personnel and Asset Visibility Solution)

The key to effective asset tracking and supply chain management is having real-time visibility. Some real time locating asset management system implementations have yielded return of investment (ROI) in less than a year.

 

REAL-TIME LOCATING PROVIDES ASSETS VISIBILITY

Problem Addressed

Benefits

1.      What are the assets within the monitoring area?  (“Who-What”)

§          Real-time inventory

§          Visibility of assets

§          Better supply chain management and cost savings

2.      Where are the assets? (“Where”)

§          Facilitate asset utilization

3.      What are the conditions or events that happened to each asset?  (“What-When”)

§          Visibility of utilization of assets

§          Visibility of the assets movement and utilization

§          Facilitate servicing and maintenance

In the case of supply chain management, real time visibility can dramatically enhance supply chain security and may help to save most of the current 6-10% loss encountered by the industry. For most supply chain management applications, real-time visibility to the last control access point or choke point may be adequate. Passive barcode or passive RFID tags, at lower price per tag or label, is cost effective.

 

Real-Time Locating System Cost-Performance Comparative Analysis
 
AVANTE
RTLS

 (433 MHz)
WiFi
 
 (2.45 GHz)
UWB
 
 (6-8 GHz)
Time-Lapsed Method
 (2.45 GHz)
Technology
q       Received signal strength with dynamic zoning
q       Not dependent on line-of-sight
q       Received signal strength and…
q       Time Difference of Arrival
q       Need line-of-sight for accuracy
q       Time Difference of Arrival
q       Need line-of-sight for accuracy
Visibility in Time
§          1 Second
§          >10 Seconds
§          >5 Seconds
§          >10 Seconds
Visibility in Environment
§          Same for Indoor and Outdoor
§          Independent on humidity
§          Same for Indoor and Outdoor
§          Some dependent on humidity
§          Mostly Outdoor
§          Indoor need line-of-sight
§          May be difficult on rainy day
§          Mostly Outdoor
§          Indoor need line-of-sight
§          Some dependent on humidity
Accuracy for Assets
o         3-6 ft
o         10-20 ft
o         Some system claims 4-10 ft
o         0.5-10 ft
o         Depends on line-of-sight
o         5-10 ft
o         Depends on line-of-sight
Accuracy for Personnel
v       Proven accuracy for personnel badge
v       Difficult when near human
v       Difficult when near human
v       Difficult when near human
1,000 Assets System (Price may vary depending on different requirements)
Cost of Tags
(1,000 Assets)
· $30 ea.
· $30,000
· $50 ea.
· $50,000
· $50 ea.
· $50,000
· $50 ea.
· $50,000
Cost of Reader Network
(For 100,000 sq. ft space)
Ø       $2000 ea.
Ø       4 readers minimum
Ø       $8000
Ø       $30 ea.
Ø    Use existing WiFi access points
Ø       $0
Ø       $2000 ea.
Ø       4 readers minimum
Ø       $8000
Ø       $2000 ea.
Ø       4 readers minimum
Ø       $8000
Total System Hardware Costs

 

§      $38,000

 

§          $50,000

 

§      $58,000

 

§      $58,000
10,000 Assets System (Price may vary depending on different requirements) 
Cost of Tags
(10,000 Assets)
· $20 ea.
· $200,000
· $40 ea.
· $400,000
· $40 ea.
· $400,000
· $40 ea.
· $400,000
Cost of Reader Network
(For 100,000 sq. ft space)
Ø       $2000 ea.
Ø        10 readers minimum
Ø       $20,000
Ø       $30 ea.
Ø       Use existing WiFi access points
Ø       $0
Ø       $2000 ea.
Ø       10 readers minimum
Ø       $20,000
Ø       $2000 ea.
Ø       10 readers minimum
Ø       $20,000
Total System Hardware Costs
 
§      $220,000
 
§          $400,000
 
§      $420,000
 
§      $420,000
Other Comments:
§          Implementation labor costs should be similar based on same needs for “calibration”
§          Software costs should be comparable and is not included in this comparison
§          Contrary to most assertions, system costs are directly proportional to the costs of tags

 

 


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