RFID in Retail

Raise inventory accuracy in the retail sector with GS1 – Implement RFID with best practice guidance based on global learnings. 

RFID provides the ability to identify, track and trace every single product with a serialised number. This not only improves inventory management and processes but also enhances visibility across the supply chain.
 

What is RFID


RFID refers to the use of radio waves to read and capture information stored on a tag attached to an object. An RFID solution is principally made up of four components:

 

Features and benefits of RFID

 
Feature of RFID
 
  Operational potential   Benefit
No line of sight required   Automate processes   Reduced labour cost for manual scans
 
Unattended item level identification   Reader network can automatically identify objects at the item level   Higher level of inventory accuracy
 
        Enables tracking that is difficult/cost prohibitive with barcodes
 
Data capacity   Provide additional item tracking information (lot, batch, product history)   Reduced need for internal system integration
 
        Improved granularity of data
 
        Better inventory management
 
        Higher level of visibility and traceability of products
 
Read-write capability   Tag can serve as a portable database   Reduced systems integration and data storage
 
Reading speed   Higher speed - reads multiple items simultaneously   Elimination of manual processes and labour for repetitive scans
 
Durability   "Permanently" tag assets or reusable containers   Eliminate time/labour associated with re-labelling items/assets over time
 
        Enables tracking of assets/items that are not suitable for barcodes