RFID Asset Tracking-RFID Tags and Technologyby Manya Verma Health care and lifestyle
Radio Frequency identification is a technology that allows wireless object tracking using data transmitted via radio waves.
The ability to aid inventory and asset tracking can be an advantage for many companies across almost any vertical. This can be crucial to the company’s bottom line especially while transporting or delivering high value items. Other than locating and tracking valuable assets, some additional benefits of using RFID are as follows:
- RFID need no line of sight
- RFID tags can hold more data than other types of tags or labels
- RFID readers can read hundreds of tags within seconds
- RFID tags can be rewritten and reused
- RFID systems can be integrated with other internal systems or processes
- RFID tag data can be encrypted for extra security
Radio frequency identification (RFID) dates back to World War II, where it was used to identify and track British aircraft. In the last ten years RFID technology has achieved real traction as it has progressed quickly through a series of successful applications in manufacturing, logistics and, most importantly, retail. These accompanied by advancements in the technology, have led to recent the development of wide-Area RFID technology.
The Basic RFID System
A simple RFID system has two parts – electronic devices called readers, and labels called RFID tags. When the reader’s radio signal reaches the tags, the tag can reflect back a signal with its unique serial number. Depending upon the complexity if the RFID asset tracking software used the readers can identify tags and their location in the vicinity to greater accuracy.
In the logistics industry, RFID tags are attached to shipping containers, and cases of goods. In the manufacturing sector RFID tags may be attached to components which can then be tracked as they move along the production line. These asset tracking management applications of RFID span a wide range of industries, but they all depend on tags passing through a gateway of readers. The recent the development of lightweight, handheld RFID readers has opened up many new applications.
RFID in Retail
Zara became a front-runner in retail RFID technology buying an estimated 500 million RFID chips to kick-start their switch to the technology.
In the RFID system that Zara and several other major retailers implemented in the last few years, tags were placed on each item, which enabled them to take inventories one rack at a time saving on time, money and effort.
RFID systems have a lot to offer retailers and other industries dealing with heavy inflow and outflow of inventory. They can identify every product in-store or in-warehouse with a unique identifying number; reducing the need for human resources and eradicating human error by automating processes. With the help of RFID asset tracking system, they can enjoy simultaneous product scanning; offer real-time stock information; provide new ways of advertising; and increase security for staff, equipment and stock.
Though it’s an expensive investment but with all these benefits, it’s need is understandable across the retail sector.
Created on Mar 13th 2019 08:27. Viewed 740 times.