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