RFID and Beyond

RFID will do today what bar codes did 30 years ago. RFID will bring new changes into the world of retail, ushering it into the 21’st century.

RFID can  identify each item  with a unique identifier embedded into a microchip,residing on a

tag attached to a pallet, case or individual item.

The implications are enormous.

• Labor costs can be reduced significantly. EPC tags are automatically read. No need for item count.
• Sharing of product information is critical to the retailer-customer experience. Retailers will be better equipped to communicate with customers in real time with relevant product information at their finger tips.
• RFID networks will help better understand and react to consumer shopping behavior. They will provide multiple opportunities to influence shopper behavior while in the stores.
• Managing inventory levels is done automatically. EPC tags eliminate the need to search, find and count any assets  the tags track location 24/7.
• Reduce out of stocks. For store shelves with RFID chip readers, the shelves' intelligence will react to stock levels and send the network a message.
• Deters theft. The RFID  network will be alerted to items not been paid for, or may have left the premises without authorization.
• Product authentication. The history of each item, from the time of manufacture until sold will be on the network. Tampering or counterfeiting will be easier to identify due to RFID tracking.
• Efficient product recalls. Since individual items are identified and tracked they can be quickly found throughout the supply chain.