RFID

Radio Frequency Identification (RFID) is evolving as a major technology enabler for tracking goods and assets around the world. It can help hospitals locate expensive equipment more quickly to improve patient care, pharmaceutical companies to reduce counterfeiting and logistics providers to improve the management of moveable assets. It also promises to enable new efficiencies in the supply chain by tracking goods from the point of manufacture through to the retail point of sale (POS).

RFID Benefits:

Improved Productivity and Cost Avoidance - Identifying items by RFID involves less work than using barcode scanning and other less automated ways, leading to greater process effectiveness. Decreased Cycle Time and Taking Costs Out - RFID scanning is not a serial process, like traditional Barcode scanning, so the business can perform identical tasks much more quickly. Reduced Rework - As RFID scanning has a greater first time pass accuracy this reduces the number of errors that are generated and retries needed. Reduced Business Risk & Control of Assets - RFID tagging enables better audit and asset control. The ability to track and trace items better means assets can be located more easily and accurately. Regulatory compliance can be achieved more effectively. Improved Security and Service - Being able to validate information relating to an item enables increased security. Improved Utilisation of Resources - Information obtained by RFID scanning can be used to improve planning. Processes can be improved, time can be saved, assets can be utilised better. Increased Revenues - By eliminating uncertainty companies will suffer less “out of stock” situations and obtain greater item availability, reducing lost sales and increasing choice leading to more sales. Exception Management - RFID enables processes and procedures to be measured better and will allow managers in companies to be alerted when compensatory business decisions need to be taken.

Implementation

Logistics & Tracking Real Time Item Location/ Item Visibility & Status
Anti Theft/Tamper evidence
Authentication

Asset Tracking Hospital Equipment
Laundry & Library systems
Reusable Assets

Personal Identification Access Control
Animal Tagging
Car Immobilisers

Payment Systems Road Toll
Electronic Tickets
Mass Transit Ticketing

Workflow Processes Service/Maintenance Records
Remote Management
Mobile Data