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Four Major Applications Of RFID Tags In The Retail Industry

  • Author:Sharon
  • Source:www.nfctagfactory.com
  • Release on :2019-05-27
With the development of the Internet of things industry, RFID technology is gradually popularized and applied in our daily life, bringing convenience to people's life.

From the procurement, storage, packaging, loading and unloading, transportation, distribution, sales to service, the entire supply chain is interlocked. Enterprises must grasp the flow and changes of the entire business flow, logistics, information flow and capital flow in real time and accurately. And RFID effectively provides the retail industry with input/output of business operations data, control and tracking of business processes, and reducing error rates. Therefore, the attractiveness of RFID technology to the retail industry that focuses on logistics and inventory management is considerable. The retail giants are also very enthusiastic about it.

RFID tags in the retail industry

Application 1: RFID-based supply chain management in supermarket stores
In recent years, the rapid development of RFID technology has brought leap-forward development opportunities to the supply chain management of the retail industry. With walmart, marks and spencer, metro, albertsons, target and other international retail giants issued mandatory use of RFID supply chain management technology, the competition between the finished product supply chain has become the key to the success or failure of the future retail industry competition

Application 2: RFID-based inventory management in shoe and apparel retail enterprises
With the increasing penetration of RFID tags in the retail industry, garment industry has gradually begun to introduce RFID technology in the whole management system. It is expected that the penetration rate will increase rapidly in the next few years. According to statistics, at the end of 2016, the demand for RFID tags in the global chain retail industry dominated by clothing exceeded 5 billion pieces. Such as Decathlon, ZARA, Uniqlo, Heilan home, La Chapelle and UR have fully implemented RFID projects.

RFID tags are used in the apparel industry for two reasons: First of all, the RFID tag in this scenario is a consumable item, once the RFID tag is transferred to the final link, that is, the consumer, the mission of the RFID tag is completed. Another reason is that it is getting lower and lower manufacturing costs.

Application 3: RFID applications for unmanned convenience stores
Unmanned convenience stores are basically inseparable from RFID technology. RFID tags are attached to each item for checkout, in addition to the monitoring system, remote customer service and other functions.

Application 4: Application of RFID in supply chain logistics
Through the use of RFID technology, it can improve the transparency of supply chain logistics management and inventory turnover rate, effectively reduce out-of-stock losses and improve logistics efficiency within the enterprise.

According to the current status of warehouse management and the feasibility study of RFID technology in logistics management, the WMS system embedded with advanced RFID data acquisition means can achieve the storage location and pallet management of RFID tag identification. In this way, it can not only realize the informationization and
modernization of enterprise logistics management, but also improve the logistics management level and management efficiency of enterprises, and reduce the management cost of enterprises.