RFID (Radio Frequency Identification) technology is fast replacing obsolete ways and technologies of asset tracking and inventory management. By tradition, asset tracking and inventory management in retail supply chain depended on these old-school methods: 1. Accounting Tools & Systems: Individual details of each item in an inventory are manually entered into a spreadsheet (e.g. Microsoft Excel) 2. Manual Systems: A person, literally, sits down in front every entry/exit point and writes down details of each item of an inventory on a piece of paper. These old school methods are the reason behind many prevailing problems, which augment as the size of the inventory increases, and the abovementioned methods stop working. RFID vs BarcodeManual scanning, wherein a person manually scans bar code printed on each item at every strategic point, brought in some sort of automation to the process but it has it own set of shortcomings against RFID.
Thus, although barcode has been around for quite some time in the market, the focus is shifting fast towards RFID based solutions since they have various advantages over traditional barcode based solutions: Original post : Inventory Management System
0 Comments
Leave a Reply. |
Author
Shahid Mansuri co-founded Peerbits, one of the leading mobile app development company, in 2011. His visionary leadership and flamboyant management style have yield fruitful results for the company. Archives
October 2019
Categories
All
|