With each passing day, the retail industry mainly aims to achieve 100% efficiency in all its operations. In order to do this, most of the business organizations of different sizes are analyzing their capacities on constant basis and looking for way to integrate technologies to increase the overall performance of the first largely.
There is one such modern and highly advanced innovation that has got highest attention among different business organizations known as RFID or Radio Frequency Identification. This post mainly talks about the perks of RFIS along with other useful aspects that every business owner should know.
What is
RFID?
RFID has a scanner that depends on radio waves
to communicate with the tag, which contains a microchip and make data reading
easy. Each tag is covered in a paper or plastic material for protection and can
be attached to a wide range of surfaces for appropriate tracking.
In most of the cases, RFID tags that are used for inventory management are passive in nature and they do not make use of battery in order to convert the power. On the contrary, active tags tend to have expensive battery sets implanted and they are used to track heavy machineries like trucks as well as railway cards and many more.
Benefits of
RFID
RFID warehouse management system can
alleviate labour cost to a great extent and scan several products
simultaneously within a short period. Two more worth-mentioning benefits
include:
·
As RFID tags do
not need a ‘line of sight,’ it can locate and read products lying at a
distance. They also can function regardless of the orientation, thus, improves
visibility and provides more detailed updates about scanning locations.
·
The organizations
that sell returnable assets like pallets and containers often have a huge
capital to protect. RFID can track these
through the intricate supply chain network and reduce the chances of neglect or
theft.
RFID vs.
Barcode Label
Some industries feels barcode label to be more effective and trustworthy as compared to RFID technology. But it has been seen in different research studies that RFID reads data way faster than conventional barcode labels. Along with that, barcode labels need the product nearby in order to scan it but RFID asset tracking system can do it from a distance also.
How does
RFID work?
Although active and passive RFIDs are
different from each other, the way they work in a warehouse is the same. Before
a product is sent, an RFID tag, which stores significant information, is
attached to it.
When the product reaches the concerned
destination, the RFID tag transmits the information to the installed readers.
The information can be modified or recalled any time, thus, allowing the
operators to perform real-time counts or transactions without hassle.
RFID solutions for retailers are gaining
popularity all across the globe, probably because they can enhance inventory
accuracy by 13%, especially when compared to conventional tracking methods. In
case a business owner has decided to invest, he or she must choose a genuine
provider who assures quality along with affordability.
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