RFID Technology & Its Benefits On Inventory & Material Management

The logistics and warehousing industry is constantly evolving with new technologies rolling in. To survive and prosper in such a competitive and rapidly changing environment, it is important for companies to keep up with the latest technological advancements in this sector. AWL India helps its clients in redesigning their fundamental warehouse functions in order to achieve the best outcomes and retain a strong market position. It is believed that a well-designed and resilient warehouse management solution is critical to achieving and maintaining peak performance in the business. With all the new technological advancements, RFID technology or radio frequency identification is an addition that is transforming inventory management. RFID technology for inventory management is extremely valuable to businesses. It not only improves the efficiency of the business but simultaneously removes the scope for human errors.

RFID Technology in Warehouse Operations

Warehouses today use RFID tags to get the most benefit through actionable intelligence. AWL India uses advanced technology to use the RFID tags data to improve warehouse operations. The warehouse workflow is capable of supporting both passive and active RFID inventory management systems. An RFID tag is capable of storing critical information and can be attached to either the entire pallet or a single item, depending on the requirement. AWL India is one of the leading warehouse service providers in the country that makes optimum use of RFID tags. These tags not only help in storing products accurately but can also be beneficial at the time of delivery. Imagine having a product in your warehouse and not being able to find it. This is the worst nightmare for any warehouse. However, AWL India uses RFID technology to overcome such challenges. 

Before shipping a package to a warehouse, businesses use an RFID tag. Whenever goods arrive in the warehouse facility, an RFID tag or a chip transmits data which makes it easy for the warehouse readers to identify the batch of the product. To ensure accurate readings, warehouses often install these readers throughout the storage and receiving areas. After that, the data is delivered through electromagnetic waves and is routed to the central RFID Warehouse Management System. You can even change this communicated data and utilise it for recall purposes. The smart warehouse management system can now handle activities such as sophisticated inventory transactions and real-time inventory tracking with RFID technology.

Process of Using RFID Tags

With AWL India, using RFID tags in the warehouse can be extremely easy and hassle-free. The process of installing and using RFID tags is even more simple than the manual check-in process of products. Moreover, it provides accurate results every single time and overcomes the risk of human errors. The process of using RFID tags is simple and involves three basic steps. The three steps involved in the process of using RFID tags are as follows:

1. Mark Items With RFID Tags

AWL India uses RFID tags to identify inventory and items. RFID labels may only be applied at the highest unit of measurement, such as a pallet, depending on the business case. In other circumstances, RFID labels can be affixed at the case or item level. Each RFID label has a unique serial number and contains information about the product. The product being marked with the RFID tag will then be identified through the tag number only. At every point of inspection, this tag number will be noted and identified. Moreover, to track the real-time status of the items, these RFID tag numbers can be used.

2. RFID Reader

Another important aspect of the RFID process is the RFID tag readers. The strategic RFID readers are to be installed aligning with the movement of items as they travel around the warehouse and distribution centre. These tag readers should be in the direct path of the goods that are fitted with the RFID tags to provide accurate results. Along with these tag readers, AWL India also enables you to use RFID handheld readers to do cycle counts or physical inventory counts. RFID tags might look like a barcode but are very different from them. The main advantage over a barcode or manual count is the speed with which data is collected. Also, it simultaneously reduces human efforts which in turn reduces the scope of human errors at the same time.

3. Collection Of Data

Once the reader scans the RFID tags, your data will be stored. The data collected can help with business conversations such as inventory tracking throughout a facility or inventory level management. Furthermore, the ability to conduct cycle counts and physical inventory counts in a more cost-effective and efficient manner results in immediate knowledge of deviations. AWL India takes care of all the RFID technology installation and operating procedures that enable your business to benefit the most from this technology. Moreover, AWL India can provide you the latest technological advancements to process this data with automation techniques and gain the maximum advantage from these RFID tags.

Benefits of Using RFID Technology for Inventory and Material Management

Talking about the benefits of RFID technology. It enables businesses to save on expenses while also ensuring the smooth and quick scanning of products. RFID tags have emerged as a new standard for inventory management with RFID. The RFID technology enhances the tracking consistency of returnable assets in addition to faster scanning and increased visibility. Also, to read barcodes RFID tags do not require a clear line of sight. Moreover, to increase inventory visibility, scanners can read these tags from multiple angles and scenarios. RFID technology allows you to track a variety of assets throughout the supply chain process and increase visibility across inventory locations. RFID technology allows you to track a variety of assets throughout the supply chain process and increase visibility across inventory locations. 

To improve the workflow warehouse management system, RFID technology automates the counting, checking-in, and verification of shipments while eliminating the need to manually scan and process tags. If used, with the latest automation techniques, RFID tags can provide numerous benefits to your business. Also, it is advisable to use the data collected from these tags with the latest technological advancements for optimum benefits. Some of the most common benefits of using RFID tags are as follows:

• Increases Inventory Accuracy
• Reduces Manual Counting Efforts
• Increases Turn Rates For Inventory
• Quickly Determine Variances & Rectify Them
• Data Collection Highlights Operational Errors, If any

Conclusion

These are all the benefits of RFID tags that you can avail for your business with the help of AWL India. However, one of the major advantages of using RFID tags in your business is that it improves the overall inventory and material accuracy for your business. According to research, adopting RFID technology improves inventory accuracy by more than 10%. AWL India provides the best RFID tag solutions along with other technological advancements for your business. 

Furthermore, AWL India uses RFID technology to deliver RFID stock management solutions that are more practical than older inventory monitoring applications which were capable of handling only particular circumstances or situations. Having said that, RFID is a wonderful technology for easily managing inventory and goods. Moreover, it provides real-time inventory status which helps businesses in making future decisions accordingly. Also, it reduces the scope of human errors and also improves the overall efficiency of warehouse operations at the same time.