RFID (radio frequency identification) has been around for a few decades, but its use has taken off recently thanks to the reduction of costs and the development of other technologies and industries in which RFID can be integrated to increase efficiency.
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The use of RFID is becoming more relevant for retail companies, as several brands such as Walmart have begun to standardize the use of this technology in their products, to have more precise and faster control over their inventory. It is the same with other retail stores, which use RFID as a replacement for barcodes.
An RFID tag is an element with unique and specific information, which can be scanned at a distance without having to be in direct contact with the marked object. Thanks to this feature, all processes in a warehouse are optimized, as tens or hundreds of products can be registered in a matter of seconds.
This speed is not only a competitive advantage for companies that make use of the technology, but it also represents the beginning of a revolution in the logistics industry, in which RFID optimizes the replenishment time of a product, as well as improving the buyer's shopping experience.
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RFID is a much more accessible technology than in previous years, and its use will continue to grow with new stores integrating these tools throughout their supply chain, as well as all the other possible applications of RFID in new industries.
Another advantage of this technology is the capability of capturing valuable information, such as the products with the highest turnover and the exact time between each movement they involve. This way, shops, and producers can enjoy a flow of data that helps to prepare for changes in the market.
The use of RFID tags can also improve the shopping experience in a retail store, thanks to tools such as RFID portals, RFID wallets and even shopping trolleys that use the technology, a good integration of RFID will help reduce customer waiting time and speed up every transaction within a store. These tools benefit theft prevention by detecting the unauthorized exit of a specific item, eliminating human error in each of the processes.
Although the technology is firmly established in stores in the United States and part of Europe, it still has enormous potential to grow and enter the processes of all types of companies around the world.
Therefore, companies anticipating this new era of logistics processes powered by RFID technology will not only have an advantage by adapting to change first, but it will also be easier for them to adapt to future changes.
So, if you want to be at the forefront of new logistics standards, start integrating this technology into your organization, contact us and discover how to make it a reality.
