RFID technology has become a powerful tool for intelligent management of warehousing. RFID technology has many characteristics such as safety, long distance, accurate identification, durability, and reusability. RFID technology is indispensable when inventory inventory is intelligent. Warehouse data inspection, warehousing, warehouse warehousing, transfer, warehouse shifting, inventory counting and other data automation and information collection of various operational links, so that the accuracy and efficiency of warehouse management can be improved, for enterprises in warehouse management of goods It is more intelligent and simplified.
In an inventory management solution based on the Industrial Internet of Things and RFID, any single inventory item to be tracked will be posted with an RFID tag. Each label has a unique identification (ID), which contains coded digital data about inventory items, such as model number, batch number, etc. The tag is scanned by the RFID reader. After scanning, the reader extracts the ID of the tag and transmits it to the cloud for processing.
RFID (radio frequency identification) system is mainly composed of three parts: RFID tag, RFID antenna and RFID reader.
The ID of the RFID tag contains information about a specific object. It can be attached to any physical surface, including raw materials, finished products, packaging, crates, pallets, etc. In the industrial environment, passive labels are mainly used, i.e. those without built-in batteries. This kind of tag is cheaper, but it needs the energy of the reader to transmit data.
RFID antenna receives the radio wave from the reader, provides energy for the operation of the tag, and forwards the radio signal from the tag to the reader.
RFID reader can be fixed or handheld, and it uses radio waves to read and write tags. The reader captures the ID information written in the tag repository and transmits them to the cloud along with the data of the reader’s location and reading time.
Since the value of inventory may be an important part of the company’s assets, inventory data is essential for the accounting department to ensure the accuracy of the company’s annual reports and tax returns.
Automation of inventory tracking and reporting
With RFID and the Industrial Internet of Things, inventory managers do not need to spend time on manual tracking and reporting. Each project will be tracked, and the data about it will be automatically recorded in a big data warehouse. Automated asset tracking and reporting can save 18 hours of working time per month and reduce the possibility of human error.
Continuous visibility into the number, location and movement of inventory items
IoT-based inventory management solutions provide manufacturers with raw materials and components, accurate visibility in the production process of finished products and finished products by providing real-time updates of item status, location, and movement, so that inventory managers can view individual inventory items. When entering or leaving a specific location.
The more warehouse managers know about inventory, the more likely they are to put the right items in the right place at the right time. With real-time data on the number and location of inventory items, manufacturers can reduce inventory levels while meeting customer needs at the end of the supply chain.
Identify bottlenecks in operations
With real-time data on the location and quantity of inventory items, manufacturers can reveal bottlenecks in the production process and identify machines with low utilization rates. For example, if part of the inventory tends to accumulate in front of the machine, the manufacturer will think that the machine is not fully utilized, so special attention is required.
Optimize delivery cycle
By providing warehouse managers with available inventory quantities and machine learning-driven demand forecasting, solutions based on the Industrial Internet of Things can enable manufacturers to shorten lead times.
With the application and popularization of the new technology of RFID electronic tags, RFID intelligent storage management has essentially solved the storage of major industries to further improve the data reading speed and accuracy. The adoption of RFID technology can achieve true wireless, long-distance, multi-piece, and dynamic identification functions, greatly improving the efficiency of warehouse management and achieving lean management of warehouses.