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What are the RFID Technology Benefits?

RFID technology offers distinctive ways for improvement and numerous benefits tailor-made for your business. The technology employs data collecting solutions that use low-power radio waves to automatically identify things. It employs RFID tags, an antenna, an RFID reader, and a transceiver to send and receive data.

RFID technology enables tracking and storing anything from a single sheet of data to the entire information pertaining to your organisation. RFID readers that facilitate procuring information can be portable and carried by hand, or fixed on a post or suspended from the ceiling. It is also possible to include reader systems in the design of a cabinet, room, or structure. The effective implementation of RFID technology makes work-related processes and employee management effortless and benefits various business sectors in different ways.

Types Of RFID tags

1. Based on the availability of power supply

Active RFID tags have an internal source of power supply like a battery and transmit signals regularly, making them ideal for tracking location. Active tags offer a longer read range due to the battery’s ability to improve signal intensity (up to 100 meters).

Passive tags remain temporarily inactive till they receive the radio signal from the reader. After the tags utilise the reader’s signal to turn on, the reader receives an information-bearing signal from them.

Unlike active tags, even though semi-passive or battery-assisted RFID tags have a battery, they don’t send out periodic signals. Instead, the battery only powers on the tag when it receives a signal, thereby facilitating the undisruptive reflection of all of the energy from the reader’s signal.

To transport data, RFID systems use radio waves of various frequencies. When you move tags, they can set off alarms. The orientation of readers and tags has little bearing on communication. Automated reading and storing of real-time data are possible. Product codes might be unique or standardised on tags. Labelling of items can be individually done, but they must be read in bulk. Enterprise resource planning and warehouse management systems can read and write tag data.

2. Based on the frequency range of inlay

Ultra-high-frequency (UHF) RFID tags

Generally, UHF RFID tags with frequencies ranging from 300MHz to 3GHz are the “supply chain frequency”. They are less expensive than other varieties while still giving adequate read ranges and rates. Real-time tracking of products, retail inventory management, and supply chain organising are all common applications.

High frequency (HF) RFID tags

HF RFID tags possess a high-frequency (HF) range that falls between 3MHz and 30MHz. These tags offer a greater read range and more memory, subsequently making them ideal for indexing library materials or usage in theme park tracking wristbands.

Low-frequency (LF) RFID tags: 30kHz to 300 kHz

When compared to UHF or HF tags, the trading rates of LF RFID tags are slower, and reading is limited to a short-range. Contrastingly, their longer wavelength makes them less sensitive to interference from metallic objects and liquids. You frequently employ them in situations when a metal substrate like inventorying beer kegs requires RFID label affixing.

What are the benefits of RFID?

Below we will be discussing some of the various benefits that come with the proper implementation of RFID technology.

Asset tracking and inventory management

Asset tracking is a sector that reaped RFID technology benefits to a large extent. Most businesses struggle to keep track of assets and materials. Whether it’s components in the production process, incoming deliveries, goods being shipped, or any expensive equipment that’s missing, RFID systems offer a quick and easy way to keep track of them without employing any extra manual counting or supervision.

With RFID applications, you can instantly know how many of each sort of item you have, as well as their position and stage in the process. You can track things from the time they arrive in stores to the time they are issued to manufacturing and finally used in a finished product. This makes inventory management, stock checks and audits, and shrinkage control a breeze. RFID can also help to find tools and equipment that workers often misplace at the worksite.

Adopt Automation To Save Time And Money

RFID applications can track the movement of items and transfer the data to an ERP or financial management system automatically. As a result, they can eliminate the need for manual form filling and obsolete spreadsheets. Deploying RFID readers at important points helps to save time by cutting down human labour while doing inventory counts.

Improving data accuracy and availability

Enhancing data accuracy is an RFID technological benefit equally enjoyed by all business sectors. By electronically collecting and uploading data, RFID avoids documentation errors, repetitions while entering data and missing entries of data. Utilising cloud-based systems gives all workers access to real-time data on the location and status of products. The sharing and updating of data with clients also become effortless.

Improving health and security

Companies can use RFID systems to verify when equipment and vehicles have undergone inspection or when they are due for inspection and to prohibit their use if standard conditions are not met.

Better production control

As RFID can locate discrete items and components, it is suitable for complex processes that require customising manufacturing techniques. For example, it can ensure filling specific moulds with the correct volume of liquids and firing for the correct period or placing those specific components on the correct production line. This aids in the reduction of waste and the enhancement of efficiency.

Increased profits

The most commonly assured benefit of RFID technology is that it helps to improve your returns. Organisations that use RFID to improve inventory management can provide a service that differentiates them from the competition and promotes enhanced customer happiness, as well as prospects for larger sales and improved profitability.

Information on management that is more in-depth

RFID provides increased management information for operational purposes since it records real-time data at various phases of a product’s lifecycle. Businesses can utilise this information to improve their efficiency and accountability even further.

Shorter processes

Combining RFID with other industrial or supply chain technology, such as automated pallet handling and stock selection systems, helps to shorten the time between order and delivery.

Payback time is short

RFID is an extremely cost-effective technology, and the cost savings and increased revenues soon pay for the initial investment.

Provides Insights for Making Better Decisions

Processing and maintaining real-time data provides more information and helps you make better decisions. RFID always keeps you updated with real-time data, which helps you to make operative management resolutions that boosts returns.

Conclusion

There are many benefits of adopting RFID technology in various business sectors, especially in the current pandemic scenario. Common benefits of RFID adoption were outlined based on the present literature. Smart museums, improvements in patient care and safety, hassle-free inventory control, efficient employee management, warehouse management and higher accuracy in data entry are among the top benefits. Furthermore, RFID technology has the potential to boost efficiency and security.

At Technowave, we always provide technological solutions to modernise business operations and lower expenses for our clients. From our humble beginnings in UAE as a security services provider, we have made partnerships with universal brands like Datalogic and Zebra technology for their range of RFID label printers, wristband printers, etc. Furthermore, we are able to provide reasonable and pragmatic solutions for our clients. Thanks to our strategic alliances with global brands like Nordic ID, Impinj and Omini ID for their consistent supply of industrial-grade RFID readers and antennas. Moreover, our experienced employee team, their field insights, and top-grade customer service make us the right choice for procuring RFID technology and services that will surely benefit your business.

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