Supply chain management is imperative across all industries and market verticals. Traceability of assets and their movement within a warehouse or along the distribution channel helps to manage resources better. Inventory levels can be managed better, losses are minimized and manual labour can be reduced.
RFID tags can create such systems which are reliable and bring about efficiencies along these warehouse and distribution channels. They monitor progress of products through the warehouse through automatic identification of goods, maintaining accurate and timely records of their location, movement, dispatches and delivery. Deploying RFID technology creates visibility of assets for a firm with lesser manual effort. These benefits lead to over all resource optimization and cost savings.