RFID stickers for inventory management help track items, minimise shoplifting and eliminate employee fraud. These tags are more durable than barcodes and can be powered by an onboard battery or passively by a connection to a reader. The tag can also provide a trail of where the item has been, making it even more difficult to tamper with.
RFID tags are more durable than barcodes
Radiofrequency identification tags (RFID) and barcodes are two technologies that can be used in inventory management. Both have their pros and cons. The key is to weigh these factors and choose the technology that suits your business needs.
RFIDs are more durable than barcodes because they can survive harsh conditions. However, they are also more expensive. Depending on the product’s material, you may purchase special tags to prevent interference. They can also be read from greater distances.
Barcodes are cheaper and easier to create. You can use a regular desktop printer to print them out; many products come with barcodes. Even semi-successful retail operations will have the means to generate and scan them.
RFID can be used for multiple purposes, such as capturing the location of a supply chain in real time. Some tags can even be encrypted. These tags can contain information such as vendor, manufacturer, product origin, expiration date, and shipping history.
Barcodes are also more universal than RFIDs. Most people are familiar with them. A barcode is a series of parallel lines printed on a paper or other surface of varying widths. Typically, these labels are applied directly to boxes.
If you are considering using either technology for inventory management, consider the cost and ease of use. You should also take into consideration the accuracy of each method.
While both technologies can scan information, barcodes are less accurate than RFIDs. As a result, they are also more vulnerable to damage.
RFID stickers can be read at greater distances and faster speeds. In addition, you can scan hundreds of tags at once. It is beneficial if you are monitoring multiple assets.
RFID tags can track items throughout the supply chain
RFID is a type of technology that is commonly used in inventory management. It can help companies to improve their productivity, increase efficiency and decrease costs. Among other things, it can improve the accuracy of inventory data and the number of times an item is scanned.
In addition, RFID stickers can help companies to reduce labour costs. They can also provide better visibility of items throughout the supply chain.
As part of the supply chain, companies need to know where their goods are. It is important for ensuring quality. In addition, getting rid of errors can reduce the number of chargebacks.
Aside from improving inventory accuracy, RFID can also help reduce theft. It is because the tags can be read from any orientation.
The system can also provide faster checkouts. Those who use RFID can check their items quickly. As a result, some retailers have found that their queues are shortened.
In addition, the RFID system can identify products in real time. For example, the RFID tag can identify a product’s SKU and other identifying information.
It is a great way to save money on storage costs. Proper inventory levels can result in savings of between 20 and 30%.
One benefit of RFID technology is tracking fast-moving goods in warehouses. It can help improve the speed at which items are moved to production. As a result, using RFID helps to make the entire process smoother, improving customer satisfaction.
Another advantage is that it can help businesses to control shrinkage. For example, with proper inventory levels, the company can ensure that it can save money on excess products.
RFID tags reduce shoplifting and employee fraud
In the retail industry, shoplifting has long been a problem. To combat it, retailers must implement new theft prevention strategies. For example, using RFID technology, retailers can quickly identify stolen products. They can also show shoplifters a video to help build a case against them.
Retailers can also use RFID to reduce administrative errors. They can also increase security in specific areas or move high-theft items out of blind spots.
RFID has several advantages over barcodes. For instance, it can scan whole sections of inventory in seconds. It can also record shipping details and batch sizes. The data is stored in a database.
Using RAIN RFID, a product can be tracked from the point of manufacture to the point of sale. Tag chips are placed on product tags and can interface with existing enterprise software.
RAIN RFID is an excellent complement to existing loss prevention strategies. In addition, since it does not interfere with customer privacy, it can help retailers prevent theft.
RFID can also give retailers insight into what items are missing. For example, it can determine which items should be in storage and which should be on the sales floor. It can also alert workers if an item is moved, causing it to be stolen.
If a retailer uses RFID, it can increase its visibility and efficiency and improve its overall customer experience. It can also help to reduce shoplifting and employee fraud.
Retailers must improve their ability to prevent shoplifting and employee fraud. However, implementing an RFID system is more complex than it seems.
