RFID tags contain a chip and antenna that emit a signal, using energy from a radio frequency reader, which contains information about the container or its individual contents. RFID tags vary widely in memory, frequency, power source, and cost. Radio frequency identification offers significant advantages compared to the conventional optical scanning of barcodes
- Capturing goods inward information accurately and integrating this information with stock balances, contract management and payment system
- Recording stock movements, receipt, issues, transfer and location
- Translating issue requisitions into stock picking and packing tasks
- Maintaining stock balances and stock valuation
- Triggering automatic replenishment requisition s or orders
- Monitoring productivity and utilization
- Maintaining stock integrity, by recording and identifying damage, deterioration and losses of stock
- Producing management reports using any of the above data
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