Why RFID is a ‘must-have’ technology, regardless of sector
The benefits of Radio Frequency Identification (RFID) technology are far-reaching, pertinent to many industries and for a variety of applications.
The benefits of Radio Frequency Identification (RFID) technology are far-reaching, pertinent to many industries and for a variety of applications. One such gain is quick and efficient data capturing for intelligent asset tracking and management, explains Marc van der Poll, network architect at Datacentrix, a high performing and secure ICT solutions provider.
“Without RFID, an automotive business with a warehouse storing R1 billion worth of goods, for example, would see an average annual stock loss of around R200,000. The business may conduct an asset inventory once a year, which would take the full staff complement an entire week to complete – technically unproductive time. For the rest of the year, the organisation relies on its accounting system to monitor what should be in the warehouse. However, this would most likely be inaccurate, as it would not detail the actual stock holding.”
Van der Poll clarifies that traditionally, items within a warehouse are barcoded. “Asset inventories can be a time-consuming process as physically finding the barcode on each individual item can be slow going. With RFID, because it does not call for human intervention, stocktaking can be completed faster and more efficiently every week, ensuring that any issues are identified and dealt with. This type of visibility is extremely valuable.