Benefits Of Radio Frequency Identification System
Though cost of installing RFID is still relatively high, many companies find this system of recording and documenting very helpful. Here are some of the advantages of this radio Frequency Identification System that needs to be highlighted. Lessens incidents of theft: Having a good RFID system in place would greatly reduce the incidents of theft from a company shop floor, a departmental store, a warehouse or clothing outlet as instant tracking is possible. Shipments and consignments by air, road or sea can be tracked to give exact position as well as information if they have gone astray.
Greatly reduces labor costs: Point of sale labor costs can be reduced to a large extent. As all items in a cart or those loaded on a truck can be scanned and recorded or billed at one time itself, this kind of radio tracking makes the employment of large scale personnel a thing of the past. Departmental stores can introduce self service checkouts and help reduce frauds as well.
Diminishes 'Out of Stock' situations: Since with radio Frequency Identification System it is possible to keep track of all existing stocks in a warehouse or godown, etc, the question of items being out of stock will no longer occur. Radio Frequency Identification system alerts staff in a departmental store or showroom the minute the stock has left the shelf. A details account of reducing stocks is maintained and staff is alerted as soon as stocks run low thereby reducing instances of out of stock situations. Enables effective Livestock Tracking: Ranchers in Texas find installation of RFID very beneficial for rounding up cattle and providing feed and health benefits to them. Health of the cattle can be recorded as well as keeping a tab on their locations across the ranch. Slaughter houses too find this system effective in maintaining temperature of the cold storage, keeping a tab on meat conditions and supplies, etc.
As a wildlife conservancy tool: RFID can be a very valuable tool in wildlife conservancy. Animal welfare agencies are able to keep track of migration patterns of animals, monitor population increase or decline and also keep a check on breeding locations. Tracking of patients and hospital equipment: The system of radio frequency Identification is very useful in tracking hospital equipment such as bed availability, IV pumps, wheel chairs, surgical equipment and operation room requirements as well as medicines and various other health care requirements. Proper inventory of these items would ensure no shortages in times of emergency. Tagging of patients and new born babies too ensures ability to keep a constant check and allows easy verification and identification as well.
Keeping track of books in a library: RFID systems have been placed in a number of libraries across the world. Millions of books are tagged and though costs are a major concern, prices of this system are coming down and will be quite affordable in the next few years. Less paper work is needed as no records need to be maintained of books borrowed and returned. Misplaced books can be tracked and retrieved by this system. Besides few advantages mentioned above, there are a number of other advantages of this Radio Frequency Identification System which is gaining importance in all avenues of business throughout the world.