For all of the issues and challenges it brought, we may most remember- 2020 as the year of the rapid adoption of new technologies under some of the most trying conditions. All the businesses worldwide had to transform digitally due to the outbreak of the COVID-19 Pandemic.
RFID is an ideal solution having played its inevitable part in every kind of business in surpassing the pandemic digitally.
Quick Takeaways:
- RFID provides greater visibility into all operations in order to improve store and product efficiencies.
- These solutions can be used in companies to track any movement of people inside your business stores.
- With global supply chains receiving greater scrutiny, it enables you to investigate your products and verify that they originated from where your suppliers claimed.
Here are the Different Industrial Applications where RFID Technology is Used:
Improving Retail Efficiency
This technology improves stock and inventory accuracy and has been used in retail for years, but its use has increased dramatically since the introduction of barcodes. Barcodes were designed to replace manual data entry processes, but they quickly became outdated as retailers realized the benefits of using RFID tags instead. Today, RFID technology is being used by retailers across the globe to improve efficiency and reduce costs.
In addition to reducing theft, RFID solutions also help businesses identify lost inventory and track shipments. This helps companies save money while improving customer service. This will help you speed up your retail processes. Also, maintain your inventory levels automatically with an efficient system.
Tracing Traffic Inside the Store or Location
Nowadays, the pandemic has forced every business to keep track of all the people who enter the premise for safety precautions. Implementing an RFID system with accurate tracking for everyone who enters your store or building will ensure you can alert any individuals who encounter an infected person at that location.
The retail use cases for RFID include:
- Generates customer and product-flow report
- Ensure complete visibility of your employee movements
- Track the products and who comes across them
Streamlining Checkout Procedures
Traditional checkout and payment processes are time-consuming and labor-intensive. It enables you to perform a touch-less checkout and payment process at your store. Also, it automates customer loyalty programs at your store.
RFID readers can automatically tally products letting you charge your customers and accept payment without any human intervention.
Reducing Theft and Improving Security
Track your products in and out, the person carried and much more. This will help you in a later investigation. The complete security of your products is ensured by an efficient system.
You can limit your product losses and theft from your store just by setting up an exit tracking system that automatically triggers alarms. An Integrated RFID solution streamlines your store in many ways.
Investigate and Verify Your Supply Chain
An efficient RFID solution brings out many opportunities to your business. Monitoring your supply chains from inception to completion will also ensure you identify any issues early and can respond effectively against exploitative practices.
Automatic Vehicle Identification
Automatically identify items that move through a specific point at your store. It tracks and gathers data which can be an inevitable asset for your business. proves to be an asset for businesses of all kinds.
Creating an electronic record of an automobile’s history and travelling patterns can help city planners, federal agencies, and retailers.
Event Management and Safety
Event organizers can use RFID solutions to improve conference safety and comply with applicable regulations. Track the attendees, and their movements and take reports according to certain times will ensure smooth managing of any function or meetings.
RFID solutions Dubai is an organization that provides its clients with the best quality products at affordable prices. We offer a wide range of products and services for all types of industries.
Conclusion
RFID is no longer an emerging technology, it is indeed used in every industry like the retail sector, aerospace, healthcare and automotive industries by providing an innovative strategy to track people, products or other items.
We offer a wide range of solutions, which includes;
- RFID Tags
- RFID Readers
- RFID Label Printers
- RFID Labels
Accurately keeping track of inventory, inbound logistics, order fulfilment processes, or your entire supply chain provides clarity and insight into your organization’s efficiency.
In 2022, we expect to see more companies adopting RFID technology as part of their business strategy. This will help them improve efficiency and reduce costs. We hope you enjoyed reading this article! Get in touch with us to know the best fit solution for your business.