Category: blog

Today is a big day.

We are thrilled, pleased to announce the launch of our new website https://www.trakaid.com/

It’s that mixed feeling of all our efforts making sense and the nervousness of presenting something new (and the excitement too!)

Months of hard work, back and forth, and testing have all made this possible. Our team has attempted to keep the website as accessible as possible for you (the user); it’s easy to navigate and understand. The neat, modern design is made to help our users find exactly what they’re looking for and better represent who we are as a company.

The website includes the latest, insightful content and all you want to know about our digital asset tracking and monitoring solutions.

We’re Trakaid: Redefining Tracking and Traceability Solutions in the Modern Digital Era

Trakaid has one mission: to simplify asset monitoring, tracking, visibility, and traceability. Our solutions incorporate powerful Auto-ID data acquisition technologies and standardized processes which minimize user training. In addition, we provide innovative solutions using the latest technologies to help businesses survive, thrive, and automate customer trust.

Our innovative digital smart solutions include:

Assetotrak: Modular, customizable RFID (Radio Frequency Identification) enabled asset tracking management solutions

Gasotrak: Comprehensive remote telemetry cloud-hosted solution for monitoring Cryogenic Liquid Gas pressure and levels.

Delotrak: A feature-packed logistics cloud-based software-as-a-service (SaaS) solution that streamlines the logistics communication for the customer and delivery team.

Cylotrak: An end-to-end trace-and-track solution for industrial gas cylinders: filling, management, tracking, and logistics.

Highlights of our new website include:

Home page; a 360* capture of Trakaid, our smart solutions overview, and everything we do!

A page focused about us, so you can find more in-depth content about our history, philosophy, offerings and more!

A solutions page, with a breakdown of all our solutions (with individual pages for all services – our attempt to inform, educate and be as transparent as possible!)

A developed blog which will be frequently updated with industry news and trends, as well as useful advice for the audience and our users.

Social Media: Follow us on Twitter and LinkedIn; we will be constantly updating our social feed with helpful information, articles, blogs and company announcements. Don’t forget to like, comment and share!

It’s a new journey!

The website launch is our first step toward our larger goal of offering total digital system solutions with a direct customer service model. We would like your support, love and wishes.

What do you think?

Did you explore the website? Liked the experience? We would love to hear your thoughts – please get in touch with us at support@trakaid.com.

For services or to request a quote, you can visit our contact page: https://www.trakaid.com/contact-us/ That’s all the ways you can connect with our team.

Until then, HAPPY TRACKING AND TRAILING.

New regulatory mandates are coming that require individual cylinder control with permanent tamper-proof identity.

Cylotrak cylinder management and tracking solution automates data acquisition of cylinder identity using 1D / 2D bar Code, QR Code, and RFID technologies.

Cylotrak uses and auto generates permanent tamperproof QR Codes for cylinder identity.

Cylotrak offers fast track implementation to get you up and running within a week. You provide us your cylinder data and other information and start using the solution using any Android smartphone.

GASOTRAK is a telemetry remote monitoring solution for industrial and medical liquified gasses. These include oxygen, nitrogen, argon, carbon dioxide and nitrous oxide. The system is a comprehensive SaaS(Software-as-a-Service) solution that allows remote monitoring and provides alerts along with status notifications regarding tank consumption levels, virtually eliminating emergency phone calls.

The interface is simple and easy to use while ensuring complete access anytime, anywhere. You can use it from any internet-connected device such as PC, laptop, smartphone, etc. With an in-built AI processing, it can also forecast consumption up to the next 48 hours.

What Are The Challenges Of The Existing Manual Monitoring System?

• Human Error: The costly need for human resources to collect data manually. There was a high probability for errors and inconsistencies due to inefficiency.
• Prerequisite Knowledge: Proper training and regular supervision were necessary to conduct the manual data collection process and manage records.
• Error-Prone: There was always a likelihood of human error in reading and writing data like the common blunder of number transposition.
• Unreliable Records: Inaccuracy in manually maintaining regular records hinders data analysis capabilities and effective utilization.
• Emergency Orders: Errors in manual records can lead to insufficient stock-related problems and require emergency orders to compensate. Lack of available resources and the need for emergency restocking cause high delivery costs and endanger business sustainability.
• Lost Opportunities: The downtime caused during the delivery of emergency orders can lead to irreparable damage, and the inability to accommodate such deliveries can sour customer relationships.
• Wasted Assets: Underutilized production and asset storage are also a result of current inefficient and inaccurate monitoring methods.
• Misinterpreted Orders: There is a significant scope of misunderstandings in verbal requests, which can also cause stock and delivery problems.
• Requires A Lot Of Time: Manual tank asset management, audit and periodic gas inventory can be time-consuming and a challenging repetitive task with various opportunities for errors.

How Does GASOTRAK Help To Overcome These Challenges?

The cloud-based solution facilitates remote monitoring of cryogenic pressurized liquid delivery and allows you to be aware of the critical conditions of time-sensitive commodities. The technology eases the difficulty in managing gas supply by providing access to customer gas level readings. You can examine the data anytime from anywhere with the help of the web-based interface instead of relying on manual records that have inconsistency issues, may not be timely noted or have errors.

In case of quick consumption or any unexpected scenario, you will receive an alert via email or SMS without any delay, so you are always updated and prepared. Cloud storage capability provides unlimited space for information without worrying about accidental data loss. With a built-in usage forecast, you can predict the consumption patterns over the next 24-48 hours.

What Are The Benefits That GASOTRAK Offers?

1. Eliminates Emergency: You can plan deliveries in advance to avoid an emergency due to lack of required stock. The built-in alerts send an SMS or email to keep you updated about your gas supply delivery.

2. Reduce Delivery Costs: Easily optimize all your deliveries to multiple customers in one truck run to improve route efficiency.

3. Leverage Unique AMBRA Technology: As a prominent cryogenic liquid gas monitoring business leader, AMBRA is an experienced provider of low-cost wireless and self-contained, compact monitoring systems.

4. Quick Installation: Since it is pre-configured and fully assembled, the system is easy to install, configure and use. It does not require an expensive UPS-backed power line, eliminating the installation cost. The technology runs on battery-operated solar power and uses minimal power.

5. 24×7 Access: Complete access to tank information through a simple, intuitive and powerful web-based interface that can be used on any device connected to the internet. So if there is a disruption in the liquid gas tank levels, you’ll be the first to know about it.

6. Worldwide Support: No matter where your business is based, the solution is built on efficient technologies, including electronic pressure sensing and GPRS telemetry. With an agile, modular and scalable solutions architecture, the system can easily help companies keep track of their assets. Built-in data validation and information governance ensure that you can fully trust the data you receive.

The current manual remote monitoring process invites a lot of errors and is an extremely time-consuming task. It often results in frantic calls to the supplier requesting emergency bulk shipment on short notice. The production and delivery take up a lot of time and cost that is required to cater to emergency requests. If you want to switch to a more efficient and accurate monitoring system, contact us at Trakaid.

RFID technology has existed for decades, yet new applications of RFID solutions in various industries indicate that this exciting tech revolution is just the beginning. Analysts predict significant advancements as the future of RFID promises exponential growth in many industries. Companies continue to invest in smart technology, making the adoption of RFID systems more mainstream. Here are some expected trends that you can look forward to:

1. Rising Popularity Of UHF Tags

UHF (Ultra High Frequency) tags are projected to be one of the fastest-growing segments in the RFID landscape. This is due to the functionality of UHF tags that have the fastest speed and longest read range under the right conditions. Typically, the range spans up to 12 meters for passive tags and 100 meters or more for active tags. It provides a range of choices to prospective end users since it operates on a frequency band of 300 MHz to 3 GHz.

2. Employee Credentials

By automating processes, RFID tags can help simplify personnel tracking efforts which is often a government-mandated practice for emergencies. Manual methods are time-consuming, but with RFID employee credentials, you can get up-to-the-second location data for tagged individuals. This also eliminates the need to identify authorized access to restricted sections in a facility.

3. Vaccine Safety

With effective tracking equipment, vaccine temperatures can be monitored more accurately, and adjustments can be made to ensure the required temperature is maintained. Most healthcare professionals such as manufacturers, hospitals, and clinics use RFID technology for virus vaccines to guard against expired or counterfeit doses. Technology has proved to be highly beneficial in cases where millions of doses need to be administered in a short span of time by tracking the doses and reducing waste.

4. Touchless Interactions

Although RFID was primarily designed for asset tracking, many organizations have enabled touchless technology with existing radio technologies. While the solution’s effectiveness depends on the use case, it can be helpful in certain situations, such as allowing touchless access into a building. RFID can also help to ensure product authenticity. For example, with RFID-enabled PPE, readers above doorways can detect if the individual is entering an area with approved protective gear.

5. Logistics & Supply Chain Management

By allowing companies to track their supply chain workflow, RFID provides more usable data and streamlines processes through automation. Various supply chain tasks that would generally take 2 or 3 hours can be done within a fraction of the time with RFID technology. It allows for quicker, more informed decision-making that can improve supply chain management efficiency and reduces the element of human error.

6. Smart Shelving & Store Checkout

RFID tags can store and transmit highly-accurate encoded information about individual products that can be valuable at various stages. It can help store managers locate the item in the supply chain, whether it is in a truck or a specific section of the store. This also helps plan and adjust staffing according to truck arrivals, improve pickup times for online orders and ensure proper stocking and replenishment. While the technology can ensure efficiency and accuracy in-store operations, it typically requires larger investments that might not be feasible for some use cases.

RFID technology can have a tremendous impact on the supply chain. Companies that can benefit from its implementation but fail to keep up with the latest advancement are at a considerable disadvantage. If you think it is the right solution for you, contact us at Trakaid to implement an RFID system that can maximize efficiency and streamline your business.

Asset tracking involves tracking physical assets to avoid theft or loss while gaining valuable business information to maximize operational efficiency. While several options are available, it can be challenging to determine the best choice. In simple terms, RFID tags help to automate the process of locating and managing assets. It is beneficial when a business relies on the availability of high-value assets. RFID technology allows efficient tracking and inventory management cost-effectively.

Types Of RFID Tags

1. Active: Active RFID tags can transmit real-time data signals over longer distances using an embedded battery. It is used with larger applications such as industrial containers or railcars and is more expensive to implement.
2. Passive: These RFID tags work well for the supply chain management. They are automatically scanned as they pass through the doorway, conveyor belts, rolling carts, or shelf readers equipped with scanners. Field technicians can use hand-held scanning devices to scan passive RFID tags. Its read performance is affected by the tag’s material, size, shape, and type. For example, the larger the tag size, the further away it can be read.

Advantages Of RFID Tags

• It does not require a direct line of sight for tracking
• It does not require manual human intervention
• Collects data faster
• Can hold more data than alternatives
• Improve productivity
• Boosts efficiency by scanning multiple tags
• Ensures security with data encryption
• Increases accuracy
• Reduces labor requirements

Disadvantages Of RFID Tags

• It takes a lot of testing to get a good read
• The signal can be easily blocked
• RFID tags can be read inadvertently
• Updates can overwhelm systems, leading to confusion
• Data storing can lead to duplication errors and data normalizing difficulties

Why Do People Opt For Barcodes?

RFID tags can be bulky, which is not ideal for end-user equipment. It can lead to damage or accidental removal in some cases. While barcodes are small, they are accurate and can be certified to ISO standards. From retail to manufacturing to medical, barcodes can be customized to include specific inventory and pricing data for receiving, stockroom inventories, check-in/check-out, audit, disposal, and other tracking activities.

Whether it is hand-held, in-counter, or omnidirectional, most scanners are budget-friendly. Industrial-grade barcode readers can even weather through harsh conditions.

Hybrid Barcodes & RFID Tags

Pre-printed or pre-encoded hybrid tags with matching barcodes and RFID values provide maximum flexibility, allowing users to scan the asset with any device. By using both barcodes and RFID tags, you can get the benefits of both systems.

Here’s what you need to consider before evaluating RFID technology:

• The volume of transactions expected in a multiple-year period
• Types of assets to track
• The convenience of the location of RFID tag placement
• Cost of human involvement compared to investment in the RFID system
• Accuracy of data required
• Requirement of real-time information
• Management of RFID reading devices
• Total budget for the adoption and implementation of tracking system

RFID tags fail when the use cases aren’t compatible with the RFID technology chosen for the purpose, so it is vital to consult a professional who can suggest the perfect solution for your needs. If you want to determine which system or technology is best suitable for your needs, contact us at Trakaid.

More and more businesses embrace technology solutions like radio frequency identification technology (RFID) to automate their data capturing and tracking processes. Despite its popularity and proven values, there are many misunderstandings about RFID and its effectiveness. Here are a few of them:

RFID Is Only Used By Big Brands

Since RFID provides an efficient way of tracking, tracing, and monitoring assets, big companies were one of the first to adopt this technology. However, today, enterprises of all sizes can benefit from improved visibility and management aided by RFID regardless of their budget limits.

RFID Requires A Barcode System

Many businesses that use barcode systems have adopted RFID to transition from manual operations to a fully automated system. But a barcode system is not necessary for RFID. You can shift straight to RFID exclusively or improve incrementally and start with barcoding while working towards a more sophisticated approach.

RFID Will Replace Barcoding

In the early days of RFID, many thought that it would completely replace barcoding. This is not true. RFID is more expensive, and many use cases highlight that barcoding is sufficient to meet a business’s needs. On the other hand, if barcoding requires your workers to do too much manual work during scanning, RFID technology will help to make this process more efficient and accurate with a better ROI.

RFID Provides Real-Time Location Information

While it’s a great benefit, not everyone needs to track the location of the items in real-time. Passive RFID solutions offer previously known location information that is sufficient and produces the desired outcomes. Most assume that active RFID tags can give more accurate location information than passive ones, but properly designed RFID tags are accurate within 2-4 feet.

RFID Is Only For Inventory 

While RFID is widely used in inventory management, it has many other applications as well. Whether it is equipment and asset tracking, work-in-process tracking, checking items in or out, monitoring chain of custody, or maintenance, RFID has applications in various fields. RFID helps to accurately identify, track and locate items, which is particularly handy when the items are business-critical or high-value assets.

RFID Produces A Privacy Problem

Many are concerned that the RFID tags that track company assets can be used to track their movements or create profiles. RFID technology helps to track employee movement on the premises and limit access to restricted areas. If the building needs to be evacuated because of a fire, the tracking system can help confirm that employees are out of harm’s way.

RFID Can Solve Any Inventory Problem

Just like any other technology, RFID does not solve any conceivable business problem. Not to mention that not every RFID system is the same. Each solution is unique to the business and is tailored to their needs. While RFID can solve most asset tracking and inventory problems, it is best to work with an experienced technology partner who can help you design, implement, and maintain the right system for your needs.

RFID Is Completely Accurate<

While RFID is accurate up to 99.5%, complete accuracy is not guaranteed since it depends on how and where you implement this technology. An RFID provider can help you construct the best solution for each use case and determine whether active, passive, or a combination of both works for you using the right components, including tags, readers, and antennas.

RFID Transition Is A Tough Challenge 

Implementing RFID systems can be challenging, especially if the business needs a highly complex, sophisticated, and comprehensive large-scale solution. By working with an RFID expert, you can identify your business goals and explore how RFID can help you improve your workflow and achieve your goals.

RFID Is Difficult To Implement For Effective ROI

While the cost of implementing RFID solutions is more, it also reduces time and improves ROI when it is tailored specifically to your business needs and processes. Partnering with a trusted provider who can implement the right RFID solution is a good start.

If you are considering RFID for inventory management, asset tracking, maintenance, or any other application, feel free to contact us at Trakaid.

Remote Infrastructure Management (RIM) involves managing an organization’s IT infrastructure completely or in parts from a remote location. RIM helps in managing the IT infrastructure remotely with better coordination for easier maintenance.

Effective monitoring of IT infrastructure can help organizations create a better user experience. Managing it can prevent and control sudden downtime for maintenance and other purposes. Users can be alerted in advance to avoid any unexpected issues and inconveniences.

How to make a RIM contract successful?

• Plan Your Goals: What do you want to achieve through RIM? Look at the bigger picture and make your expectations apparent. It would be best if you worked with your strategy team to define the business road map.
• Strategize and Measure: Strategically divide all the tasks and measure the results to keep track of progress. It is vital to determine the business processes that can be done remotely and establish a performance measurement system.
• Change Management: Initially, your decision of outsourcing will be scrutinized due to the transition. Effective change management involving all the stakeholders would minimize this issue.

Benefits of Remote Infrastructure Management for Businesses

1. Reduced cost It lowers operational costs across the value creation process, which provides a competitive advantage. With RIM, businesses can mitigate their expenses by setting up separate on-site IT departments, employing extra staff, and augmenting the additional power supply. For a business spread across different regions and time zones, a reliable RIM vendor will deal with the stress and expense of your remote work in the best possible way.

2. Flexible Outsourcing Remote infrastructure management companies provide customized services for all the different business needs and requirements. You can enjoy the flexibility of accessing individualized services and choose the services you want to outsource and the ones you plan to keep on-site. They also offer additional services such as infrastructure analysis which allows organizations to save costs and minimize downtime.

3. Round The Clock Service At times, IT infrastructures can witness malfunctions or even breakdowns. Immediate corrective measures are imperative to ensure any potential problems are handled. A dedicated team monitors the IT environment round the clock for seamless tech support, maintenance services and faster data.

4. Improved Uptime With less reliance on on-site IT resources, your business will benefit from better system availability and improved uptime. RIM vendors provide high standard equipment, technicians & management expertise that ensure smooth and uninterrupted service by integrating the latest technologies. The combination of advanced technologies & top-notch equipment coupled with 24X7 support of experts brings you unparalleled network redundancy and uptime.

5. Optimized productivity To frame a custom RIM solution, your RIM vendor comprehensively evaluates infrastructure. The information collected becomes the source to detect and resolve the issues in your existing IT management process. It allows you to improve performance and optimize your business operations for better results.

Most organizations outsource the entire RIM process to those with more experience and expertise in managing IT infrastructures. We can simplify infrastructure management and provide RIM solutions that are reliable, secure and agile. To learn about how you can make the most of your resources through RIM, contact us at info@tspllc.com.

With the help of RFID technology, organize your business’ inventory management efficiently. The technology puts your items in the order and visible throughout the supply chain. Achieve maximum productivity at work because, with this technology, you replace assumptions with observation, estimates with facts, and confusions with certainty.

RFID provides insight into your business

RFID can solve insufficient insight in the business, stores and warehouse if you have numerous stores and don’t know how to manage them. RFID technology can help you. The technology identifies objects and items through radio waves that communicate with the tag on the item, and the RFID reader recognizes it. This technology also identifies the location of the item, no matter whether it is in cardboard or the back room. The primary aim of the technology is to ensure the availability of a specific item and keep them safe and protected within the premises.

Read about three reasons why RFID boosts your business below.

#1 RFID transforms your inventory management processes

As we all know, the manual inventory counting method is a hassle for businesses worldwide. The manual counting data could result in a miscalculation or missing items that you might have no idea about. But, later on, these minor mishaps might result in business loss. RFID technology provides accurate inventory data, and proper insight and an overview of your inventory. The right fact-based knowledge will help you to make the best decisions for your business.

With the appropriate insight in your warehouse, you won’t be buying unnecessary resources. You will get automated messages for missing items, and you can also easily remove the items or out-of-fashion items.

#2 RFID strengthens customer service

Quality customer service is significant if you want your business to excel. Customers can’t expect to have a great shopping experience if your inventory is not organized, quick and easy to handle. Easily accessible information, instant customer service, easy check-out, and accurate stock numbers are all part of the customer experience.

For precise stock numbers, you need RFID technology that makes inventory insight accurate and all the items available for your customers. At the same time, it also helps to increase your productivity as your staff can spend less time searching for a product and focus on something more substantial. When all the items are available readily, it will enhance the customer shopping experience.

#3 RFID for loss prevention

If your business has several stores and warehouses, it gets challenging to keep track of each item. With inventory management through RFID technology, you can identify objects, their location and other movement data. This insight allows you to prevent the loss of items and gives you an intimate insight into the movement of the items. By knowing the movement patterns, you become wiser about the details of the theft. In addition, you can support the theft of your items with video recordings if you know the exact time and place of theft.

RFID is a well-known technology that benefits several industries such as healthcare, retail, manufacturing, distribution, food and beverage, and many more. The benefits of adopting RFID include tracking assets and managing inventory, saving time and money through automation, improving data accuracy and availability, enhancing health and safety and more. In a nutshell, RFID is helpful to companies looking for an improved way of keeping track of important things. However, there are certain myths or misconceptions about RFID, which we want to discuss in this blog.

Rfid Is Expensive To Pilot / Try Out

The benefits of adopting RFID are numerous; however, the main challenge is deciding what’s the most affordable way to try out RFID technology for your business. Whatever you decide, just keep in mind these few things including:

• Hardware selection (RFID Tags, Readers & Antennas)
• Software selection (RFID Business Applications, RFID Middleware & Integration)
• Business Process Management

If you consider the above pointers, you might be able to jumpstart the pilot process of any RFID initiative cost-effectively. You can opt for a kick-start bundle i.e. 30-day trial access, which comes with all RFID tags, readers and more. You can also add other varieties to RFID tags and readers.

RFID Is Newer Than Barcode

You might be surprised that RFID is relatively older than a barcode. The first patent for barcode was filed in 1949, while RFID was first used in World War 2.

RFID Data Is Difficult To Manage And Integrate

RFID technology excels in capturing data quickly and efficiently, which may be otherwise expensive to do. Once the data is collected, it’s essential to integrate RFID data swiftly back to core business systems such as an ERP, WMS or MES. You can use softwares that helps to quickly integrate RFID data and filter, aggregate, and massage data to the desired format.

RFID Is Just About “IDS”

RFID has a lot in store than just the “identification” of items or assets. With the emergence of IoT, RFID technology has evolved, progressed and now is being used for numerous cases. A few use cases include:

• Capturing sensor data (Temperature, Humidity, GPS, Movement) with advanced tags and using RFID as a data medium.
• Hazardous Area Assets – Capture data from assets without human intervention.
• User Engagement – Increase User Interaction such as NFC-based marketing campaigns.
• Brand protection – Use RFID for brand protection against fake goods.

RFID Tags Can’t Scan Liquids or Metals

For a long time, it was believed that RFID tags could not be applied to liquid items. It might be true in the early 2000s, but today things have changed. Advancements in tag technology have made it possible to use RFID on liquids. These tags are slightly thicker than standard RFID tags, but they provide accurate readability.

Is Radio-frequency identification (RFID) technology a groundless expense or the solution to all your supply chain management problems? RFID technology offers new possibilities as it solves some of the biggest problems in supply chain management. Some of them are analyzing and collecting large sums of data, low labour costs and operational costs, and more.

RFID tech is a costly investment, and although the cost has come down over the past couple of decades, it’s still essential to assess precisely how RFID can deliver value for your buck. Before using RFID technology, businesses should access their budget, goals and priorities. RFID is pretty great as it has the potential to transform your business, but it all comes at a cost.

A Rundown of RFID Technology

RFID uses radiofrequency waves to transfer data without contact, i.e. wirelessly. A barcode represents information in a set of black and white lines. When scanned, a barcode allows computers to understand the difference between a box of cake mix and a brownie mix box.

A barcode functions differently from RFID scanners because they need a line of sight to the barcodes. RFID scanners communicate with the RFID tags on items without seeing them. RFID techs alone is a mouthwatering proposition; imagine slashing the inventory time by checking every box without opening them. An RFID tag ensures a manufacturer can track every single part and providing visibility over every moving part in the supply chain.

Wells Fargo data centers, for instance, uses RFID scanners in laptops to track whether a computer is leaving with its rightful owner, preventing data breaches and thefts. In other words, RFID, with its abundance of uses, helps companies maintain control in a formless, fast-moving world.

How Businesses Incorporate RFID Into The Supply Chain

The supply chain consists of four elements such as integrations, operations, purchasing and distribution, each of which presents an opportunity to leverage RFID technology.

Integration: Key elements to a successful supply chain include good integration, communication and information sharing. Imagine running a restaurant where you have to fill out four forms to submit an order. It makes no sense, right? With RFID technology, placing an order can happen in a jiff. RFID makes it easier to share information between suppliers, warehouses, and transportation companies. In other words, a tighter supply chain is a more robust supply chain.

Operations: RFID help companies track goods as they move through their warehouses. Inventory management becomes more efficient since companies have real-time information about the goods in transit, the warehouse, and what’s been sent to customers. In the future, RFID integrations will be capturing data from a few centimetres of a warehouse with the help of RFID scanner drones.

Purchasing: Purchasing is such an essential part of the supply chain process. Whether you’re making clothes or computers, you need specific pieces to create the final product. Suppliers who have RFID technology provide real-time visibility over in-stock raw materials and semi-finished materials. It allows you to verify everything you’ve ordered is in a given shipment. It minimizes the time and moves items to the production stage sooner.
If you and your supplier use RFID technology, your goods and customers are protected, and your company’s compensation from that supplier is sped up as well.

Distribution: Logistics refers to the coordination and movement of goods from point A to point B. Good logistics make distribution possible, whether distributing raw supplies to manufacturers, distributing finished goods to warehouses, or distributing individual items to consumers. It is critical to maintaining quality control as the perishable items can get ruined. Thus, it’s essential to know your goods’ status. Access to real-time data allows you to make quick decisions about a shipment crossing from point A to Point B.

Cost of RFID Tags

The expense of your RFID system depends on the type of RFID tags you choose. RFID tags come in two categories, active RFID tags and passive RFID tags. Active ones have their power source, for example, a battery, and can transmit a signal. And the passive ones don’t have their power source; they receive power from the RFID reader. There are also different types of RFID tags with numerous capabilities within each category, determining each tag’s cost. Remember that a pricier RFID tag may be expensive as it provides a good return on investment, depending on your business.

Drawbacks of RFID Technology

Security concerns: A chip must have appropriate authentication features; otherwise, an employee could change the item’s price to using the chip’s read and write capabilities.

Privacy concerns: RFID technology can track customers’ data to understand their shopping behaviour.

High upfront costs: Although the cost of RFID technology has come down over the years, some RFID techs are highly expensive in addition to the cost of the tags.