RFID has endless applications in nearly every field now a days. It is quickly replacing most of the old technologies as it gets more and more advanced and cheap. Some of the highlighting applications are given below.
a) Decreasing Scanning time: Most of the time there is human labor required for keeping an eye on the scanning process which are makes it time consuming and costly. This usually happens in bar code based systems. But with RFID based system, there is no need of a line of sight which means that the process of scanning can be automated which will be more accurate and cost effective at the same time.
b) Extension of scanning process: Manufacturers need to see the processing of products from start to end so as to find vulnerabilities
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Most of the stores in the future will use this technology to enhance their business and keep it safe too. RFID can help in every area of retail stores ranging from management to security. Tagging the products with RFID tags result in the following advantages.
a) Reliable Inventory Management: Inventory is the last thing that people would want to the software to do because most of us like to manage that ourself but RFID based systems can be effective in this regard as they automate the whole inventory process. So there is no labor required and the process is error free. For example, when a customer buys a product and pay for it, the system will automatically add the price and purchase date along with other details to the storage which can be checked at the end of the month or so.
b) Improvement in the racks: There is always room for improvement and RFID tags does improve the shelve behavior. A smart shelve can check whether the required quantity of product is present or not. If not, it will immediately raise a reminder alarm to pile up the stack. This can also provide the retail manager with real-time insights of the store operation.
c) Performance analysis: Middleware can do the analysis of performance of store after specific intervals to allow the manager to see the lacking sector which need
As RFID technology evolves and becomes less expensive, there will be an increase in the number of companies and vendors using the technology. Eventually, new applications will be developed and these systems may even be able to solve common or unique problems associated with business in today’s market.
However, it is important to mention about an active RFID technology in order to understand why it is not suitable for the case of the production in-house logistics. Active system provides constant visibility of inventory, they are placed in the zones wherever inventory needs to
RFID has also been positive in that it helps to make sure that promotional displays are delivered and in place so that products are in Wal-Mart stores and ready for sale when the advertising begins. It shortens the amount of time it takes for new items to make it to store shelves. In fact the process is three times faster than for non-tagged products. RFID also aids in proof of delivery and purchase order reconciliation by providing visibility of product even after it has left the receiving dock. By the end of 2005, more than 200,000 tagged pallets and more than 8.5 million tagged cases had been received and more than 80 million EPC reads had taken place.
In addition, Metro estimated that with the increased accuracy of the cases shipped to the stores it would greatly reduce if not eliminate the need to send product back to the DC or worse, throw it out. Another beneficiary of the RFID tagging at the case level would be restocking at the stores. Due to the lag between products being received in the stock room in the mornings and the sales floor being restocked at night, the chances that the store would be under stocked were great. Using an RFID reader in conjunction with point of sale data, the store personnel would easily track inventory levels and restock more efficiently. The restocking efficiency was estimated to boost gross sales by .05% which would result in an increase in gross profit of €.05 per additional product sold.
RFID data is visible and trackable across the supply chain and reduces scanning error, stockouts and the labour required to move inventory (Shin & Eksioglu 2014, p. 633). Importantly, as Concept2creation (n.d.) shows picking and scanning cartons from the cages is labour intensive and requiring audits. Alternatively, RFID transmitters on pallets and cages, can automatically be scanned upon receipt. Cartons without RFID can be placed in totes to be tracked internally (Michel 2014,
Radio Frequency Identification Devices (RFID) have been used in the retail industry for more than fifty years as an inventory assessment application tracking product sales and distribution data for goods and services. Current trends of RFID for this industry have been favorable for hi-tech state-of-the-art industries, yet in the past years to 2014 device prices have fallen at an estimated average annual 5.3% primarily due to its characteristic as a "throwaway" inventory or control device. This market segment uses tags or labels, which are scanned and ultimately leave the store with the consumer, eventually disposing of the empty carton or used product. Retailer’s using this application method require multiple components and suppliers are
Weaknesses involve high cost per unit and high RFID system integration costs, as well as low level of RFID technology understanding in the market. Opportunities for the RFID incorporate potential for replace of the bar code, increasing end-user demand for RFID systems and market potential in various businesses. Finally, treats involve customers concerns of privacy violation. After all, using of RFID system Drugco Discount Pharmacy improves overall efficiency of the company and on the same time customers’
This paper outlines the cost‐benefit analysis of using Ultra High Frequency (UHF) Radio Frequency Identification (RFID) technology in an asset‐tracking application. To facilitate the analysis, RFID will be compared against the incumbent technology, bar‐coding. An experiment comparing these two technologies was conducted, and the findings from this experiment are further analysed.
tesco gains huge flexibility and performance by using rfid technology. similar and new technologies such as rtid (real time identification) can improve even exist benefits and solve problem out like
Barcoding is governed by Universal Product Code UPC whereas RFID is governed by electronic product codes EPC. In its evolution Barcodes were categorized as 1D, 2D and 3D with increasing capacity to store information like manufacturer, product type, batch number etc. Similarly RFID has Active and Passive tags that are being chosen according to the necessity and level of security. An Auto-ID system implementation to a warehouse or a facility takes into account strategic,
RFID technology is not only used at gas stations, restaurants, and department but also at
RFID tags are much more efficient than simple barcodes because of a few key features. Unlike barcodes, RFID tags do not need to be on the surface of the object. This means that the tag does not need to be subject to the elements. RFID tags can also be read much more quickly than barcodes. Where barcodes need to have a device pointed directly at them to scan them, RFID tag readers need only be within range of the transmitting signal. This allows scanning process to be much more automated. Finally, RFID tags can be read almost simultaneously (mostly due to the high speed reading and use of different wave lengths) (What is RFID, n.d.).
The advantages associated with using RFID technology for supply management are clearly the reason why Harley Davidson would even consider implementing its use. According to the text, RFIDs can be read much more quickly and with a higher degree of accuracy than bar codes. Bar codes must be
Tracking inventory is obviously one use for RFID; it 's also useful for tracking library books, and many sources discussed this aspect of the technology. On the plus side, RFID can improve user "self check-in and check out" because it 's much faster than bar code readers and can scan a lot of items simultaneously (Smart 2004, p. SS4). It 's also proven to be extremely helpful in finding lost books: California State University in Long Beach found 500 "lost" volumes that would have cost $40,000 to replace (Smart 2004, p. SS4).
There is no doubt about the benefits and the advantages of using the RFID systems for in store processes but the managers and the employees do have some concerns about the RFID as is placed below along with the benefits of the Ins Store applications of the RFID technology.