What are RFID Tags?
Radio Frequency Identification, commonly known as RFID, is a technology that utilizes radio waves to detect different objects and transfer the information stored in the tiny chips embedded on them, to the computer system. It is quite similar to the magnetic strips on our debit and credit cards, yet its application and technology are different.
Benefits of RFID Tags
Lower Cost & Higher Productivity
RFID tags can seamlessly track the location and movement of assets, valuable goods and other items. Most businesses are using this technology for inventory management. Products can be identified much faster than barcode scanning or manual entry of details. And at the same time, these tags are cost-effective and reliable with greater accuracy.
Improved Quality for Data Capture
Unlike barcodes, which require unobstructed view and proper line of sight, RFID tags are not bound by such things. The reading machine can collect information for the tiny chips up to several meters. Electronic data collection avoids data transcription errors and avoids “missed items” when used to collect data on large numbers of items at once.
Reduced Capital Costs
RFID technologies help to lower costs by providing better control of stocks or assets. They can help keep track of business assets such as valuable spare parts, equipment, raw materials and anything in your showroom or warehouse that requires proper tracking, count and maintenance of data.
Access control systems using RFID contribute to improving security. One can easily tally the number of products sold to the number of products in the shop.
Also, these tags can be used to prevent the counterfeiting of the products. The chances of counterfeiting are high in a long supply chain. To prevent it, each item is embedded with a unique tag. On reaching to the business owner, the information from the tags can be collected and the authenticity of the product can be verified.
By reducing stock-outs, by avoiding the credibility gap between notional stock available for orders and actual stock present in the warehouse, and by offering improved information on product movements to customers, organizations using RFID can provide a service that creates competitive differentiation and promotes increased customer satisfaction with the opportunities for higher sales and better margin.
Because this technology can be integrated with other manufacturing or supply chain technologies, it helps in reducing the dispatch and the delivery time.
Improved Regulatory Compliance
Using these tags to control when devices have been inspected or to restrict their movement can form part of a strategy to address health and safety issues or to satisfy insurers or regulatory bodies that processes are being followed.
More Accurate, Relevant, Current Management Info
Because RFID tags allow data to be captured in real-time as stocks or assets are moved detailed, up-to-date, management information is available for planning and operational management purposes. So in this way, RFID tags are very beneficial.
Are you looking for RFID Tags solutions for your business? Omnia Tags is one of the most trusted companies when it comes to providing RFID tags. Through their state-of-the-art technologies, they provide the best tags suitable for your business.