Monday, December 1, 2008

Advantages of RFID

There are numerous advantages to RFID in many industries. RFID has many advantages in the airline industry. It helps track customer luggage, whihc is lost regularly at airports. The potential savings and key business case drivers are also explored for an airline or airport looking at implementing this technology for more reliable, more accurate baggage tracking.

RFID would also be benficial in the transport industry. Identification of EPC tagged items/pallet happens automatically as the pallet moves through a receiving door equipped with an RFID reader, the exact amount and type of product is immediately known to all parties. Any discrepancies between the amount ordered and received can be automatically identified and noted for both the shipper and receiver of the goods.

RFID would allow retail companies to be more efficient in inventory management. Retailers such as walmart would be allow to have better control on their products. As soon as the item arrives, EPC compliant application having connectivity with EPCglobal Network automatically updates the inventory to include every item that arrived. It also check the reorder level and avoid out of stock items. Since product arrival and departure is captured at each point, the EPC Network enables comprehensive distribution visibility that creates a record of the chain of custody for each product. And while not actually preventing the theft of an item, or even the legitimate loss of an item, the ability to pinpoint the product when it was lost allows the manufacturer or retailer to take preventative measures for the future.

No comments: