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Benefits of RFID

There are many reasons why different companies have begun investing in RFID software. Let's talk about some of these great reasons.

 

As a business grows, it is common for owners to seek solutions to save money and time while maintaining a profit.  With growth comes a need to maintain a more extensive inventory.  When recording this inventory, someone would have to count every item.  If there is an error, the process would have to start over.  This process costs valuable time and money.

In recent decades many industries have been looking into the benefits of Radio Frequency Identification RFID.  It is a system of codes connected to software that allows a user to scan an item with all of its details instantly.  Several industries worldwide have begun to see the benefits of this technology.  Here are just a few of the benefits.

1.  Instant Inventory management

Say goodbye to the days of counting and scanning one item at a time.  The RFID system can record hundreds of items a second with a near 100% accuracy.  Many companies who have experimented with RFID have instantly recognized these benefits, such as the Department Store Myer.  When Myer tested RFID's capabilities with Inventory management, they had some fascinating results.  In the first stages of the tests, they reduced their stock count time from 2.5 hours to 15 minutes with little to no errors.  With numbers like that, it's no wonder that companies like Myer are making the switch.

2.  Improved control of inventory

The RFID technology includes a series of microchips that instantly register on software that automatically adjusts when an item needs replacement.  As you are vigilant about being up to date with your inventory, you can get accurate information on what customers are buying to adapt to the ever-changing market.  Do you want to know the best part?  You can access all this information right on an app from your smartphone or tablet, and you can trust that the numbers are accurate. 

3.  It's simple to use

One of the more notable benefits of RFID is its ease of use.  Much like any other technology, there is a learning period, but it doesn't take long to master the software.  You can attach one of the scanner guns to your phone via Bluetooth, then all you have to do is aim it in the direction of your products, pull the trigger, and watch as your inventory gets instantly recorded on your phone screen. 

Those are just three of the many benefits of implementing RFID into your business.  Thousands of companies, large and small, are taking advantage of this new technology.  The best part of this is that we are only beginning to see the limits of RFID.  As businesses continue to seek new, more affordable ways to save money, there is no doubt that we will find out more benefits of RFID.

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