In the warehousing business, anything that can facilitate the management and organization of inventory is considered a big advantage. Things have gone beyond pen and paper, but maintaining a precise and updated picture of your operation can be quite difficult. Remember, you have a huge space to take care of. 

Fortunately, RFID (radio frequency identification) technology made an entrance. It has become an integral part of a supply chain worker’s toolbox with its capacity to alleviate human errors and rationalise warehouse operations.

What is RFID or Radio Frequency Identification?

RFID solution is a wireless innovation that utilizes radio frequency electromagnetic waves to transfer data. After all, it can monitor everything – be it your pet or your passport. With the power to detect and track in real-time, you must not be astonished when RFID becomes an invaluable tool for inventory control and warehouse management.

How Does RFID Work?

The professionals offering inventory tracking powered by RFID said an RFID chip or tag is attached to the objects in a shipment – either to an entire pallet or individual boxes. Every tag must feature a core memory to store the objects’ data. It can be altered as they move through various procedures in the warehouse. The RFID tag generates that data to a central archive with electromagnetic waves. Here a warehouse system can evaluate the data.

Why Not Use Barcodes?

Unlike barcodes, an RFID tag does not need a reader that lies in the same line of sight. This removes your dependency on your staff for manually scanning every box. This means that each object can be scanned and categorized even when it remains hidden behind the other goods. 

Numbers that You Can’t Ignore for RFID Warehouse Solutions

• Warehouses take their inventory visibility straightaway from 2% to 20% after they started using RFID technology
• Production facilities that have integrated RFID in the supply chain have witnessed a surge of 80% in the overall improvement of picking accuracy and 90% advancement in receiving time
• Merchandise production houses can easily scale up the inventory count rates from 200 to 12000 items per hour using RFID tags
• Back in 2017, different manufacturers globally more than 8 billion RFID were sold.
• Overall market share of RFID service providers are increasing rapidly with a CAGR of 25% and is expected to rise more.
• It is seen that companies, on average, that deploy Radio Frequency ID in warehouse management have inventory accuracy went higher from 63% to 95%, which is extraordinary
• In the United States, 96% of retailers have plans to use RFID tags in their stores. Some of the noted retailers are Macy’s, Kohls, Levis, Lulylemon, Adidas, etc.

Know the Benefits of RFID

Mentioned below are three major benefits of RFID or radio frequency identification. Please check them out if you are going to make a purchase.

Reduced Capital Costs

The simplest way to keep the costs low is to maintain strict control over the stocks or assets, especially the expensive ones such as transport packing, test equipment, field vehicles, etc.

Operational Efficiency

The most significant benefit of RFID is that it needs negligible monitoring, which frees the employees up to deal with other tasks and concentrate on productive efforts.

Data Storage Capacity

RFID tags are very effective in storing more data as compared to barcode labels. These tags can have 2,000 bytes of data which is almost 100 times more as compared to a conventional barcode. This empowers retailers to store more data or information about the package. This eventually helps with better tracking of the inventory in the warehouse. 

Helps in Making Best Decision

Real-time data can be measured to offer substantial insight into the best decisions. This always enables you to remain informed. This which comes in handy when planning or making operational decisions that can enhance profits.

Workplace Safety

According to the reports of the United States Bureau of Labor, one 1 out of 20 workers face injuries in warehousing workplaces every year. The use of RFID offers clients all the information required to investigate and avoid such problems. Retailers can get every detail, from analysing responsibility to redirecting warehouse flow to prevent workplace injuries. 

Overall, the implementation of this technology with a sophisticated warehouse decreases operating expenditures and escalates the speed as well as accuracy. All industries, starting from retail to aviation, healthcare, construction, and education, admitted wanting just that.

To invest in an RFID warehouse system or for any other purpose, make sure to contact a genuine provider. You would not want to rely on someone who does not assure quality or affordability, right? There are several options available in the industry. All you need is to hire the best from the lot to get the best results. Never be in a hurry as many brands claim to offer the best services. Consult with the brands before you choose one to get the best results.