8 advantages of RFID technology in warehouse management

The advanced competitive environment needs redesigning of functionality for warehouses to deliver the desired outcomes and maintain their presence in their industry. The global warehousing and storage market report done by the experts is completely excellent research that consists growth of warehouse and storage.

The global warehousing and storage market size is estimate to reach 654920 million by the year 2028. From USD 528320 million in 2021 at a CAGR of 3.1 during the year 2022 to 2028. An efficient warehouse management system is the face of your business, it is necessary for customer satisfaction as it assures swift and accurate shipments.

As the demand increases, innovative supply uplifts and this is where warehouse technology comes in. From manual tracking to handling each element of shipping that opens a business to human errors, damages, time loss, and other natural hazards.

All these have changed with the arrival of warehouse management software. Here are the benefits of RFID technology in warehouse management.

Benefits of RFID technology

Enhance warehouse efficiency

RFID technology needs less monitoring, you just simply have to install the required number of tags in your inventory and start collecting data. However, the primary efficiency benefit comes from the reduced time taken to scale data on a given stock item.

Taking an example with the active RFID tags one employee can locate the physical location of diverse storage containers at the same time and remotely alter any data required.

This technology not only saves processing time but also minimizes the hours taken by human operators to accomplish inventory control tasks. RFID technology illustrates a step toward more workflow efficient supply chain management.

To improve your warehouse management efficiency, get in touch with a leading company that offers automotive warehouse management software. It will enhance visibility, increase efficiency, and much more. Furthermore, it should also develop a tailored solution based on your business requirements to maximize your efficiency and ROI.

Reducing human errors

It eliminates human errors skewing data outcomes and helps in automatic data logging and collation within RFID tags and reader gadgets reducing the need for manual operator input.

It also minimizes the risk of customers receiving the wrong products and reduces the time required to recognize where mistakes were made.

Thus it is one of the main benefits of RFID technology for warehouse inventory management systems.

No line of sight requirements

This technology works independently of the line of sight systems such as barcodes. In another word, workers don’t have to turn boxes to align barcodes, apply barcodes or deal with destructed barcodes.

Real-time, data-driven insights

For any business tracking the real-time data of their inventory is an alluring prospect, especially for those who require to take the instant decisions for the data.

For instance, by using a databank from real-time insight warehouse operators can directly know about the retail stock that is running low or high. And might take action for the same and handle the complete supply chain easily.

Understanding check and check out time of inventory

One can place the RFID readers at the entry and exit points of your warehouse. This will let you get real-time tracking whenever your inventory moves in or out of the warehouse.

RFID tags hold more information

When you compare it with barcodes, RFID can manage more information and data. Barcodes are generally tied up with the databases wherein the information of the item is stored. On the other side, RFID tags hold a huge amount of data in the tag itself that making them work faster.

Prevents stocking issues

As every product is track, RFID tags can reduce stocking issues. It can help in preventing overstocking and understocking issues too and enhance security in your facility.

Workplace Safety

In industry, many workers are harm or injure while working in a warehouse. Our RFID provides clients with all of the information required to investigate and avoid such problems from determining accountability to redirecting warehouse flow to avoid future accidents.

Make the enhancement you need to grow with your market and open your business with new opportunities by taking benefit of every capability boosting feature in your warehouse management solution.

Why RFID technology is used in warehouses today?

RFID is needed to keep better track of the movement and storage of your products within your warehouse and maximize your efficiency by streamlining the shipment and the receipt of customers’ goods.

RFID warehouse technology connects warehouse workers to the warehouse management’s backend application server, where a wireless handheld tool will record warehouse activities. It also includes barcodes or RF tags attached to the pallets.

Using this data, employees can be easily identifie where to identify, where to pick up or move products within the distribution center.

Which are the applications of RFID technology used in warehouse management systems?

Given below are the applications use in RFID technology in warehouse management:

Goods receipt

A warehouse can store and receive goods from dozens of suppliers simultaneously, which makes goods receipt and initial storage a necessary task to get the right in the first instance.

Using RFID tags, operators can assign an individual serial number to a certain range of products that will be recall with that precise code.

Stock Control

Having an insight into where stock is located in a warehouse and how many assets are there that helps facility managers to optimize their space. This can involve reorganizing storage containers to accommodate new stock or coordinating specific zones by clients.

Customer delivery

The main aim of any warehousing business is to assure clients have all information required about product availability and delivery timeframes when making a purchase. RFID means operators have the history of a product to hand instantly enabling them to track average delivery times.

Executing RFID in your supply chain

The global RFID market will be estimate at USD 13.4 billion by the year 2022. These barcode tags have nearby boundless potential for streamlining the operations of organizations spanning industry applications, etc. This reflects technology’s essential character as a data monitoring measure that can track the location.

Conclusion

Before you determine to implement RFID tags in your facility, consider your warehousing volume and real-world saving. The RFID inventory management is cost-effective, reduces labor, is innovative, saves time, and much more. And it is one of the best innovative ways to handle your inventory.

Although if you are considering the RFID inventory management system for your warehouse, then make sure you get it from a reputed warehouse management software development company.