Secure document and asset tracking

Businesses rely on information being accessed, processed, transferred and stored in order to support decision making activities. When any of these activities is poorly supported the ability to adapt to unexpected changes is reduced resulting in risk during decision activities. If these risks were to materialize consequences can be considerable from an economic, quality or time point of view. In this study, we discuss the development of a Radio Frequency Identification (RFID) system to manage the information and state of both secure printed documents and physical assets which loss or misplacement has considerable economic consequences. Discrete event simulation and enterprise modeling was used to evaluate various implementation scenarios. Initial trials of the proposed automated documents and assets management tool showed a reduction in cost partly due to a reduction in management time of 59% and 45% of manager and staff respectively.