The usage of RFID tags has been picking up speed for a number of years, but 2010 has increased proliferation for three key reasons: 1] cheaper equipment and tags, 2] increased dependability and performance (up to 99.9% accurate now); 3] the agreement of an international standard for UHF passive tags.
Cost has always been a prohibiting factor, but a Korean company has declared that it will have passive RFID tags for sale for about three US cents each by the closing stages of 2011
Historically, the largest user of RFID tags was and still is the US Department of Defense. The armed forces use smart tags to trace the containers of their hardware and sometimes individual pieces of hardware too. The aviation industry has also been using them worldwide for a long time.
The latest industries to discover a use for the passive tags are financial services for IT asset tracking and health care, where more than 60% of the top medical apparatus companies are using passive UHF RFID in 2010.
Companies that have not developed a reliable system to track their stock and know exactly what they have of everything that they sell tend to carry excess levels of stock to ensure they can fulfill their customers' requirements.
If you can reduce excess stock by using improved information, you can: trim down investment, storage space, labour costs; and expand asset utilization, boost stock turnover, facilitate faster billing cycles, all of which will significantly contribute to cash flow.
In short, the usage of RFID:
1] Eases stock control and item location in real time, which cuts product search time, lowers inventory levels and enhances control of the manufacturing process. 2] Improves compliance, enhances work-in-progress (WIP) productivity and cuts the cost of the finished goods. 3] Enables the real-time monitoring of production, order fulfillment, and distribution processes and their degree of efficiency. 4] Improves profitably and ability to meet demand quickly and lowers inventory costs. 5] Reduces labour costs by eliminating manual steps. 6] Improves order and shipping accuracy by helping to make sure that orders are dispatched complete, error-free, and on time, which thereby raises customer satisfaction and the probability of return orders. 7] Provides extremely accurate real-time data capture by means of warehouse management systems (WMS) and enterprise resource planning (ERP) systems.
The way forward is to start with the goods-in bay. Goods come in with shipping labels, but they are often poor in quality and information. It would be best to create a new 'identity badge' for all items received at this point. All the pertinent information that you have on the goods delivered can be put of an RFID tag and affixed to the pallet, the crate or even the goods themselves.
Now these articles can be added to stock and the computer will always be able to divulge what the items are in the box, how many of them there are and where they are located in the warehouse.
The effortless procedure of creating an RFID tag at the unloading bay and attaching it to the goods received can save hours of time wasted checking up on stock levels and thousands of dollars wasted in overstocking.
Cost has always been a prohibiting factor, but a Korean company has declared that it will have passive RFID tags for sale for about three US cents each by the closing stages of 2011
Historically, the largest user of RFID tags was and still is the US Department of Defense. The armed forces use smart tags to trace the containers of their hardware and sometimes individual pieces of hardware too. The aviation industry has also been using them worldwide for a long time.
The latest industries to discover a use for the passive tags are financial services for IT asset tracking and health care, where more than 60% of the top medical apparatus companies are using passive UHF RFID in 2010.
Companies that have not developed a reliable system to track their stock and know exactly what they have of everything that they sell tend to carry excess levels of stock to ensure they can fulfill their customers' requirements.
If you can reduce excess stock by using improved information, you can: trim down investment, storage space, labour costs; and expand asset utilization, boost stock turnover, facilitate faster billing cycles, all of which will significantly contribute to cash flow.
In short, the usage of RFID:
1] Eases stock control and item location in real time, which cuts product search time, lowers inventory levels and enhances control of the manufacturing process. 2] Improves compliance, enhances work-in-progress (WIP) productivity and cuts the cost of the finished goods. 3] Enables the real-time monitoring of production, order fulfillment, and distribution processes and their degree of efficiency. 4] Improves profitably and ability to meet demand quickly and lowers inventory costs. 5] Reduces labour costs by eliminating manual steps. 6] Improves order and shipping accuracy by helping to make sure that orders are dispatched complete, error-free, and on time, which thereby raises customer satisfaction and the probability of return orders. 7] Provides extremely accurate real-time data capture by means of warehouse management systems (WMS) and enterprise resource planning (ERP) systems.
The way forward is to start with the goods-in bay. Goods come in with shipping labels, but they are often poor in quality and information. It would be best to create a new 'identity badge' for all items received at this point. All the pertinent information that you have on the goods delivered can be put of an RFID tag and affixed to the pallet, the crate or even the goods themselves.
Now these articles can be added to stock and the computer will always be able to divulge what the items are in the box, how many of them there are and where they are located in the warehouse.
The effortless procedure of creating an RFID tag at the unloading bay and attaching it to the goods received can save hours of time wasted checking up on stock levels and thousands of dollars wasted in overstocking.
About the Author:
Owen Jones, the writer of this article writes on quite a few topics, but is now involved with the best RFID printer. If you would like to know more, please go to our website at Active RFID Management.
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