RFID Based Supply Chain Management System
The term supply chain management system encompasses the entire process of supply of goods from the manufacturer end to the user end. An industry will only prosper if its supply chain system is managed in a systematic manner. But maintaining this process is not an easy task. The entire process involves various steps. Thus, in order to bring synchronization in this system, entrepreneurs employ various technologies. One of the most effective technology that is widely used to streamline the entire process is the rfid system . This technology can be used as a replacement of barcodes. The most important advantage of using rfid tracking over barcodes is that they can store more product information. This ultimately helps to keep a track of all the products in an error free manner. Some of the top rfid service provider companies available in the market today are AOPL and seeksoft etc.
Key benefits of using RFID applications in an industry:
Requirement of manpower decreases: In this process a manufacturer attaches RFID tags with the finished product. By doing this, the concerned person can easily track the movement of products and can produce real time data whenever necessary. This entire process can be operated by a single person. Thus in this way rfid application reduces the requirements of manpower.
Reduces the cost of inventory counting: Inventory counting is a very important process in an manufacturing firm. It requires lots of manual counting and thus it is a very expensive process as well. But in case of rfid system, a manufacturer uses rfid enabled tags and readers which not only decreases the cost of inventory count but also helps to generate error free data within a very short span of time
Helps to establish strong planning process: By employing rfid system, a manufacturer can avail accurate information on the entire supply chain management system of the company. The data so received will aid him or her to formulate a strong planning process for all the industrial activities.