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Inventory Tracking
In the retail industry RFID is primarily used in inventory control. In a retail outlet all stocked items contain an inexpensive read-only tag that stores the product code and its description, including the manufacturer, brand, batch number, expiry date and price. The shelves, exit gates and warehouses are fitted with a small antenna that senses the RFID tags and reads the information to update the inventory system on a real-time basis. The benefits of such a system are the provisions for total asset visibility, full inventory history with tracking and reduced inventory-stocking levels that facilitate ‘just-in-time’ deliveries. It also ensures better process control for products in the facility, reduced shelf space and lead-time that shorten across docking time, higher-level security, fewer errors and better visibility of goods material.
In warehouses and container depots, pallets and containers are tagged with read-write RFID chips that contain details of origin, destination and other material details. Entry and exit gates, escape routes, vehicles and cranes are fitted with an antenna that senses the RFID tags and records and updates the system to check for any deviation in the schedule. With precise tracking of the location of pallets and containers within the warehouse, it is easy to pinpoint any unscheduled movements. The system also helps reduce costs and time for check-in and check-out considerably.
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