 RFID has proven itself to be a useful technology that enables an organization to have visibility into their operations. The ability to track people, assets, or products without the need for human intervention or direct line of site are the main drivers for the use of RFID technology.
With the exception of RFID compliance labeling, which has its own unique value to organizations, all of the applications listed have been deployed because they haven proven ROI. Savings can come in many forms including man hours, lowered inventory carrying costs, improved customer service, reduced storage area, and reduced shrinkage.
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The most common applications currently being deployed in industry today are:
- Asset Tracking – Movement of expensive or shared equipment
- Asset Inventory Collection – Physical inventories are greatly improved with the speed of RFID tag scanning versus barcoding with the speed of RFID tag reading versus barcode scanning.
- Inventory Control Functions – Receiving, Putaway, Picking, Ship confirmations are all being deployed with RFID as the main technology
- Authentication – Verifying authentic product by means of reading a covert RFID tag embedded within
- Asset Security – Tracking assets and their movement through exits and associating the assets with people
- Compliance Labeling – Meeting customer tagging requirements for supply chain from major retailers or the Department of Defense (DoD)
- Work-In-Process (WIP) - Management of product movement through the manufacturing line
- Product Search – Finding lost or misplaced product or assets within a facility
- Yard Management – Inventory control of incoming and outgoing vehicles or products from a yard
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