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What is an RFID System?

RFID (radio frequency identification) is a virtually adaptable technology with applications within the business, from managing manufacturing processes to maintenance and examination of equipment, maintaining assets and monitoring goods throughout distribution. RFID system offers perks for businesses of all sizes, enabling them to quickly improve efficiency and reduce cost by automating processes and enhancing asset and quality utilisation. RFID uses radio frequency signals to identify the tagged items, cases and pallets as they move through the supply chain. An RFID instrument such as a tag or label carries much more data than a barcode solution, which uniquely identifies the article it is attached to. Collected data can include – a description of the item, serial number, time the item passed a certain point in the supply chain, manufacture date, and much more.

Why use RFID?

By industry estimations, billions of bucks are lost every year due to supply chain incompetence and out-of-stock circumstances. RFID ensures to increase supply chain efficiencies by allowing more control and real-time information to businesses. This, in turn, serves the consumer by decreased out-of-stock situations. RFID is employed across various industry sectors such as construction, engineering, chemical industries, manufacturing, retail, logistics, etc. The many perks of RFID systems make it possible to formulate a solid business state for its use within different enterprises and applications.

How does RFID benefit your business? 

RFID can form the base of an effective asset management practice for your business. Here are some of its benefits:

Saving Money & Time through Automation

RFID Systems can track the movement of goods automatically and upload the data to the ERP or financial management system. Hence, they can eliminate the need for manual form filling and displace outdated spreadsheets. The usage of fixed readers at crucial points can save even more time – and on a production order, for example, can exclude the requirement for manual intervention entirely.

Enhancing Traceability & Quality

RFID systems can also help assure that the goods have passed through all the exact checkpoints and processes – for instance, a boiler has been assembled accurately and has been examined and approved before being delivered to the client, thus enhancing the quality and reducing the number of items returned. RFID tagging can help ensure traceability by tracing an item right from its point of source.

Controlling Production Effectively

Since RFID can distinguish individual items or components, it is perfect for customised or complex manufacturing processes – for instance, to make sure that particular moulds are filled with the accurate volume of liquids and fired for the correct period of time, or specific components end up on the proper production lines. This helps lessen waste and improve effectiveness.

Improving Data Availability & Accuracy

Since the data is stored and uploaded electronically, RFID also avoids transcription mistakes, duplication of data, and missed items when utilised to collect data on large quantities of goods simultaneously. The use of cloud-based arrangements enables everyone in the organisation to see updated data on the status of goods. This data can also be shared with clients.

Prior to making any technological choices for your business, find an RFID equipped provider that can offer several options to conclude which course would be best for your needs. Schneider Electric India provides quality options for electrical protection and advanced system solutions. To find out more, visit their website today!

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