RFID is a very adaptable technology, with uses at every stage of the supply chain. RFID stands for Radio Frequency Identification, and these tags and readers use radio waves to store and send data about a thing, like its product number, expiration date, date of manufacture, temperature, and other details.
Since the technology’s initial use many years ago, it has seen significant development. RFID tags are being used by well-known companies and stores including Walmart, Amazon, H&M, and Nike to track inventory and improve customer service (eazyresearch, 2020).
 RFID tags can also be used to monitor and track goods, reducing the risk of theft or loss. By partnering with international warehousing service that utilizes RFID technology, you can improve the security of your supply chain and protect your goods.
What is RFID Supply Chain Partners?
RFID (Radio Frequency Identification) technology is used in the supply chain to track and manage inventory, assets, and products. RFID Supply Chain Partners refer to the companies that are involved in the implementation, deployment, and management of RFID technology within the supply chain.
RFID Supply Chain Partners can include technology vendors, systems integrators, logistics providers, and consultants who specialize in RFID technology. These partners work together to develop and deploy RFID solutions that can help companies to improve their supply chain efficiency, reduce costs, and enhance the visibility and accuracy of their inventory.
Some of the key benefits of using RFID technology in the supply chain include improved inventory accuracy, real-time visibility of inventory levels, reduced out-of-stocks, improved order accuracy, and reduced labor costs. By working with RFID Supply Chain Partners, companies can leverage these benefits to improve their overall supply chain performance and achieve their business objectives (Van Hoek, 2019).
RFID technology can also help you provide better customer service by enabling you to provide accurate and up-to-date information about shipment status and delivery times. By partnering with RFID-enabled freight forwarders services, you can improve your customer service and increase customer satisfaction.
How to get Benefits from RFID Supply Chain Partners in 6 Ways
RFID (Radio Frequency Identification) technology can provide numerous benefits to companies when it is implemented and managed effectively within the supply chain. Working with RFID Supply Chain Partners can help companies to achieve these benefits more efficiently and effectively. Here are six ways that companies can get benefits from RFID Supply Chain Partners:
1- Technology Selection and Implementation Support:
RFID Supply Chain Partners can provide guidance and support to companies in selecting the right RFID technology for their specific needs, and in deploying and configuring the technology within their supply chain. This can help companies to avoid costly mistakes and to ensure that they are getting the most value from their investment in RFID technology.
2- Data Management and Analytics:
RFID technology generates large amounts of data that can be used to improve supply chain visibility and performance. RFID Supply Chain Partners can help companies to manage this data and to derive insights and analytics that can be used to optimize their supply chain operations.
3- Integration with Existing Systems:
Implementing RFID technology within the supply chain may require integration with existing enterprise systems such as inventory management, warehouse management, and transportation management. RFID Supply Chain Partners can provide expertise in integrating these systems with RFID technology, ensuring that the flow of data is seamless and accurate.
4- Process Optimization:
RFID Supply Chain Partners can work with companies to identify areas of the supply chain that can be optimized through the use of RFID technology. This can include areas such as inventory management, order fulfillment, and shipping and receiving.
RFID technology can provide end-to-end visibility into your supply chain, allowing you to track products from the point of origin to the final destination. RFID-enabled supply chain partners, you can gain a complete picture of your supply chain and make more informed decisions.
By optimizing these processes, companies can reduce costs, improve efficiency, and enhance the overall customer experience.
5- Training and Support:
RFID technology may require specialized knowledge and skills to manage and maintain. RFID Supply Chain Partners can provide training and ongoing support to ensure that companies have the necessary expertise to manage their RFID systems effectively.
RFID technology can help improve efficiency by reducing manual labor and minimizing errors. By partnering with RFID-enabled supply chain partners, you can increase efficiency and reduce costs throughout your supply chain
6- Continuous Improvement:
RFID technology is constantly evolving, and new use cases and applications are being developed all the time. RFID Supply Chain Partners can help companies to stay up-to-date with the latest trends and developments in RFID technology, and to continuously improve their supply chain operations through the use of this technology.
Overall, working with RFID Supply Chain Partners can help companies to achieve the full potential of RFID technology within their supply chain, improving efficiency, reducing costs, and enhancing the customer experience.
Wrapping Up
In conclusion, RFID technology can provide significant benefits to companies when implemented and managed effectively within the supply chain. RFID Supply Chain Partners can play a critical role in helping companies to achieve these benefits by providing expertise in technology selection and implementation support, data management and analytics, integration with existing systems, process optimization, training and support, and continuous improvement.
By working with RFID Supply Chain Partners, companies can leverage the power of RFID technology to improve their supply chain efficiency, reduce costs, and enhance the visibility and accuracy of their inventory. As RFID technology continues to evolve and new use cases emerge, partnering with experienced and knowledgeable RFID Supply Chain Partners can help companies to stay ahead of the curve and to continuously improve their supply chain operations.
Reference
Van Hoek, R., 2019. Exploring blockchain implementation in the supply chain: Learning from pioneers and RFID research. International Journal of Operations & Production Management.
ER, 2020. Traditional Marketing Vs. Digital Marketing. Online available at < https://eazyresearch.com/blog/traditional-marketing-vs-digital-marketing/> [Accessed Date: 25-Nov-2020]
