5 Business Benefits of RFID Technology

Why should your business consider using RFID Technology?

1.     It Increases Operational Efficiency

One of the best benefits of RFID is that it requires less individual item scanning, which frees up employees to handle other tasks and focus on more productive efforts. RFID doesn’t require any direct line of sight to read tags, multiple RFID tags can be read at one time. You can even set up the RFID reader to automatically read tag data when they pass by. Also, RFID Tags stay on your items better than Barcode labels. RFID tags can withstand tough conditions like high humidity, drastic temperature fluctuations, exposure to chemicals and sunlight, extremely temperatures, and rough handling.

2.     It Reduces Human Error

Manual labour always involves some level of risk for human error. With RFID, no human intervention is necessary to read data. It can all be automatically read as it passes a reader. RFID increases accuracy by eliminating the errors that come with manual or barcode data logging and product replenishment.

3.     It Reduces Inventory / Capital Costs

The easiest way to keep costs low is to maintain tight control of your stock inventory or assets, especially expensive business assets like test equipment, transport packing, computer tech, field vehicles, etc. RFID makes it easy to frequently and accurately count your inventory and assets. The sooner you find out something is missing the easier it is to find. RFID provides an easy and inexpensive way to keep track of these assets.

4.     Get Real-Time Data on your assets

RFID offers reliable data collection in tough environments. You get real-time data about inventory and product location every time an item is scanned. Whether you are tracking large asset inventory, individual products, or batches, you collect a lot of time stamped data.

5.     Offers Insights for Better Decision Making

RFID generates time stamped Real-time data for analyst, you get immediate visibility of work in progress so you can make informed decisions. You also collect high level trending data, which comes in handy when it’s planning time and you want to see how your business in preforming.