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Home » RFID: On the Rise Again

RFID: On the Rise Again

November 20, 2014
SupplyChainBrain

The real value proposition for RFID in the supply chain turns out to be in eliminating stockouts rather than tracking cases,” says Grackin. Additionally, improvements in RFID technology and declining costs make item tagging much more feasible, she says.

“Old RFID systems had these big, clunky handheld readers,” Grackin says. “Now there is a lot more diversity in products and price points – there are smaller, less expensive devices that enable companies to have more readers and make it possible for smaller companies to enter the market.”

A technology known as “illumination” has a lot of promise, says Grackin. “This is where you put RFID readers in the ceiling, which gives you 100-percent read rates, without people having to walk around with scanners, which never get to 100 percent. That opens the door to all sorts of other business applications."

Item tagging enables retailers to quickly see what is selling in the store or shipping from fulfillment houses, which enables faster replenishment of “hot” products and fewer discounts, says Grackin. “That is a very strong value proposition and is why retailers like Macys, Marks & Spencer, Zara and Kohls are rolling out item tagging programs.” Other retail applications for RFID, such as self checkout, also are gaining traction, she says. “And using RFID for tracing and tracking has been slowly growing right along,” she says. “The great thing about RFID is that you can find so many different business applications for it.”

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KEYWORDS Supply chain All Warehouse Services Ann Grackin Bar Code and Voice CEO ChainLink Research Global Supply Chain Management High-Tech/Electronics inventory control Inventory Management inventory management IT inventory management systems Inventory Planning/ Optimization IT supply chain IT supply chain management Logistics logistics & supply chain logistics IT solutions Logistics Outsourcing Retail retail supply chain RFID RFID & Barcode SC Planning & Optimization Supply Chain Analysis & Consulting Supply Chain Management supply chain management IT supply chain management SCM Supply Chain Management: RFID Supply Chain Planning Supply Chain Risk Management supply chain solutions supply chain systems Supply Chain Visibility supply management Technology Value chain value chain IT Warehouse Management Warehouse Management Systems Wireless wms warehouse management WMS warehouse management systems
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