Radio frequency identification (RFID) uses radio waves to identify people or objects. There is a device that reads the information contained in a wireless device or tag from a distance without making any physical contact or requiring a line of sight. RFID technology can drive efficiencies across your organization and will become an essential part of your business success strategy.
Radio frequency identification technology has been commercially available in one form or another since the 1970s. Now, it’s a part of our daily lives and can be found in key tags/cards, employee identification cards, medical billing systems, highway toll tags, and security access cards to mention a few.
For retailers, radio frequency identification technology is a way to identify items using radio waves. It transmits data from an RFID tag to a reader, giving you accurate, real-time tracking data of your inventory. In addition, RFID can increase efficiencies to create a better overall shopping experience for the consumer.
The many benefits of RFID technology
The usage of radio frequency identification technology has become limitless in the last decade. It has proven to effectively improve efficiency, reduce costs, and increase revenue in any size organization. Below we have outlined the many benefits of adapting RFID technology into your business.
RFID helps improve inventory management
Radio frequency identification technology provides retailers with improved inventory accuracy and stock reliability, which leads to increased sales and customer satisfaction. In addition, it provides real-time information on inventory levels and stock details such as quantity, models, color, and size.
Quicker checkout:
RFID-powered self-checkout can enable your customers to pay for their purchases without going through a cashier or a traditional barcode scanner. This can provide a rapid checkout experience for the shopper enhancing their overall experience with your business.
Radio frequency identification self-checkouts are also more accurate, and secure, and can lead to a more efficient and streamlined process.
Radio frequency identification technology can help decrease loss prevention
To maximize security, retailers are looking to RFID technology to minimize theft and reduce overall administrative error. RFID allows retailers to identify which items have been stolen, what time they were stolen, and can provide video of the shoplifter. This helps you identify shoplifting trends and build a case against a perpetrator with authorities.
Other benefits of RFID technology include the efficiencies in receiving inventory, lowering tracking time and automating re-ordering of stocking levels.
Drive higher revenue in your business
By improving inventory management, organizations using radio frequency identification technology have a competitive advantage and promote increased customer satisfaction while generating higher sales and better margins.
Is Radio frequency identification technology safe?
Yes, RFID technology is safe. No personal information is stored on the RFID card, only a number, which points to the information housed in secure databases.
Vanguard ID Systems is a leading manufacturer specializing in custom-made card solutions and RFID technology. Our range of custom card solutions includes gift cards, loyalty cards, and direct mailers, all of which can effectively enhance the exposure of your brand and attract a wider customer base. Our RFID technology solutions are designed specifically for your business needs, enabling you to enhance efficiency and profitability throughout your organization. Our personalized RFID solutions include labels for inventory management and asset tracking, and bands and cards for access control to name a few key areas. Contact one of our Vanguard ID Systems Technical Representatives today at 1-800-323-7432 or email us at info@vanguardid.com
