Types of RFID applications

Fixed Assets Management: The most important RFID application in the world of business is an RFID-based fixed assets tracking and management software. This RFID fixed asset tracking software is a revolutionary solution that automates the processes of managing fixed assets. It provides ultimate transparency and visibility.

Stock Availability: The regular automatic updating of information permits a system to trigger a notice as soon as stock levels reach a minimum level. Employees can then submit refill orders immediately.

Security: RFID tags can record whether packaging has been sabotaged, as well as the locations of fixed assets. This enables companies to eliminate theft and inventory loss.

Shelf-life Management: RFID systems make it easier to identify the lifetime of products, helping to manage products better. (Older products can be placed at the front of shelves.)

Managing inventory: RFID systems can minimize the potential for stock-taking errors and eliminate the need to individually scan barcodes. Automated inventory and fixed asset-tracking in all sectors including business sectors prevent inaccurate data capture and lessens warehouse cycle times.

Management of Defects and Recalls: identify the source of products, allowing intelligent recall of defective or dangerous items, such as expired or compromised medication. You can use RFID to detect where defects occurred during the production process and to identify individual products that need to be recalled.

Distribution: By allowing companies to track the locations of fixed assets, RFID systems enable faster, more accurate distribution of products. Improving all business processes can impact product delivery cycles. It also provides clarity into the supply chain, resulting in a more efficient distribution channel and reduced business costs.

Before implement RFID solution you should

An RFID system is comprised of a small electronic tag with a radio antenna and chip to be attached on an item. Tags feature a unique 64- or 96-bit EPC identifier programmed into the chip. They can be attached during an item’s production or placed at any point later on.

When an item with an RFID tag is scanned, a radio frequency reader will check the tag’s EPC if it’s an active tag. If it appeared to be a passive tag, the reader will emit radio frequency waves to stimulate a current in the antenna of a passive tag. The EPC is read and sent to a database containing a fixed asset’s record. The record can be updated with information such as:

The type of the fixed asset and its date of manufacture;

Where the fixed asset came from and where it’s going;

The times at which the fixed asset was moved;

Who was responsible for moving the fixed assets?

What’s most appealing is that there is no need for a direct line of sight to read the EPC, as in the case of traditional barcode labels. That enables items to be identified as they move through an RFID reader’s radio frequency field without the need to expose them.

RFID origins go back to early radio frequency (RF) transponder technology, in World War II, which enabled radio waves to energize a resonator over air at a distance. In the 1970’s, passive radio transponders were introduced that paved the road for many RFID uses today.

RFID is the use of an object embedded into a product, or person with the intention of sending or receiving identification data by utilizing wireless radio waves. It was initially developed for short-range product identification, normally in the 2.5cm to 2m range. RFID tags come in two different types: passive or active. Passive tags that don’t have a power source and are only useful in short range applications. This type of tag is compelling option because it is less expensive and lasts longer than active tags. Active tags have a power source that enables data to be stored to the tags, although this very aspect reduces the tag’s life cycle and raises costs. Active tags are capable of being read and writable or read-only. Read-only tags release a signal with a unique number only to that tag. Read and writable tags permits many different types of data to be saved, read, and altered on the tag.

RFID technology has the ability to both greatly improve and secure the lives of consumers, and also transform the way companies do business altogether. Being by far the most flexible auto-identification technology, RFID can be used in asset tracking and monitoring the physical fixed assets with utmost accuracy.

RFID can identify what an object is, where it is located, and even its condition, which is why it is fundamental to the development of the Internet of Things, automatically observing what is happening, sharing related data, and reacting. RFID use is increasing rapidly with the capability to “tag” any item with a cheap transmission chip and then read that tag with a handheld reader. Countless applications range from supply chain management to fixed asset tracking to verification of frequently counterfeited products.

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