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RFID Solution

RFID Warehouse & Assets Management

time:2020-07-02 Views:267

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Keeping track of the large number of cartons is a very complex as well as  time and labour consuming process. However, RFID can be implemented to ease the situation as it can improve information management concerning  cargo flow. Usually, read-write equipment is installed at the entry to a warehouse. Every cargo unit is equipped with RFID tags and all the  information relating to the tags is stored in the central computer of the warehouse. When the cargo is moved in or out of the warehouse, the  read-write equipment registers it and forwards the data to the backend  system. This allows the management centre to manage the vast amounts of  products going into and leaving the storage, recognise cargo and help with placement of the cargo in the warehouse.

Key Benefits of RFID in Warehouse Management: 

 ●   Smoother running business environments—knowing precisely what and  where inventory is, thus reducing out of stock items due to a more accurate  real time picture of warehouse is available at facilities .

 ●   Reduced labour costs by reducing the workforce needed for tracking and  warehouse management. 

 ●   Reduction in order entry errors (less manual intervention) & improved  employee productivity. 

 ●   Reduces stocking inventory levels and related warehouse space  requirements. 

 ●   Provides the information required to implement first-in first out (FIFO) or  last-in first out (LIFO) inventory management, which can have a significant  positive impact on the company’s profitability analysis and tax liabilities. Instant access to the order database provides the on-the-spot visibility  needed to cross dock the incoming material for immediate shipping to fulfil  customer orders 

 ●   Access to real time information ensures that the right shipment is  delivered to the right dock and loaded onto the right truck. 

 ●   Advanced data capture capabilities, such as imaging, can provide proof of  condition for returns records, eliminating potential customer disputes.

 ●   A quick scan of a RFID tag provides instant verification that the right item  has been picked, and the item is instantly deducted from inventory. 

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