RFID solutions provide significant benefits over conventional solutions such as barcoding:
- End-to-end track and trace capabilities reduce counterfeiting, theft, billing disputes and charge-back fees while protecting the brand
- Real-time, automated data capture reveals opportunities for process improvement, increased efficiency and cost control opportunities
- Specific data such as manufacturing location; ship date, lot number, etc. is associated with the individual product, carton and/or pallet supporting simpler and more effective recall or product tracking processes
- Elimination of line-of-sight, tag orientation, or bar code label quality requirements; manual data entry and operator error plus increased read range enables faster, more accurate inventory management
- Just-in-time inventory resupply, from manufacturing through distribution to point of sale reduces costs and out-of-stocks, increases inventory turn and creates higher customer satisfaction
RFID helps customers enable improvements in tracking, authentication, access and data capture applications such as:
- Supply chain, inventory and logistics
- Pharmaceutical and healthcare
- Library, media, documents and files
- Contactless cards and tickets
- Industrial and manufacturing
- Brand protection and experience
- Apparel and other item-level retail
- Product authentication