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Benefits of incorporating RFID technology into your inventory

RFID, or Radio-frequency identification technology, utilizes electromagnetic fields to identify and track information stored on tags that are affixed to objects such as consumer products. Those tags collect energy from a specially designed RFID reader. Big companies such as Walmart have started integrating RFID technology into their inventory, and with good reason.

RFID technology allows for superior efficiency on the supply-chain end as well as inventory management. Through this technology, companies can increase their productivity and reduce shrinkage, thereby having a more impressive bottom line. For those reasons, even smaller businesses can benefit from integrating RFID technology into their business practices. Working with a packaging supplier who is on the cutting edge of RFID technology and its related applications can help your business.

There are several different types of RIF transponders. Some of the more commonly used types are:

Smart tags

Smart tags are microchip RFID transponders that include an integrated circuit and an antenna enclosed in a protective coating. They usually contain an integrated circuit made of silicon and a copper coil antenna. Newer versions have recently been developed however, as demand for a more cost-effective option has arisen.

Smart tags can be attached to whole pallets of products, cases of products, or individual items to allow for tracking at any stage of the supply change. It can be integrated into the product packaging and are readable through most materials. Some exceptions to this include liquid and metal packaging. Smart tags can be applied on top of the product packaging or, for added security, imbedded inside of the packaging. They don’t compromise the overall graphic design aesthetic, making them easy to incorporate into most packaging.

Chipless tags

A chipless tag is an RFID tag that uses a conductive material instead of an integrated circuit microchip. They work the same way as a smart tag; the primary difference is the component materials.

Chipless tags (also called reflective tags) can be woven right into fabric or paper packaging. These tags are typically less expensive than smart tags, however, they are limited in their use because only one tag can be read at a time. Smart tags have the ability to allow for the reading of multiple tags simultaneously.

Smart labels

As the name suggestions, a smart label is basically just a label with RFID technology built right into it. This is accomplished by layering a microchip between an adhesive and a substrate made of paper. The result is an RFID transponder that can be printed and affixed much like a traditional label. Smart labels are applied externally to a pallet (or case) just before shipping. Because of that, the use of smart labels is usually limited based on the requirements of the retailers to which the products are being shipped.

Conductive Ink

Conductive ink is also known as RFID ink. This is one of the newest and most promising developments in RFID technology. Several companies have developed conductive ink, which allows for the printing of RFID technology directly onto packaging using conventional printing methods. Using conductive ink is cost-effective and offers increased application flexibility.

Whichever method of RFID technology is used, this technology offers increased anti-theft controls in a variety of settings, at every stage of the supply chain. In recent years, more and more companies are utilizing RFID technology into their strategic planning to improve their supply chain performance. From identifying products, tracking shipments and reducing inventory shrinkage. Although there is an upfront investment to the integration of RFID technology, the benefits make it a worthwhile investment for most companies.

Websites such as https://www.icrfq.com offer a variety of integrated circuits and other electronic components for a variety of needs.

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