A Beginner’s Guide to Setting Up RFID Systems for Retailers

The RFID (radio frequency identification) management systems have allowed a wide range of retailers to track all the inventory aspects easily. The renowned firm McKinsey & Co. created a store of the future to explore the multiple ways in which RFID can be utilized in the retail sector. The goal is analyze brand-new technologies – starting from smart mirrors to payments in cryptocurrencies.

The following is a sort of guide on ways to set up RFID automated inventory management systems for small and medium-sized businesses. Please check it out right now.

A Brief Note on RFID Management

RFID technology has revolutionized the vast retail industry in absolutely no time. It is deployed to gain an insight into the diverse customer analytics, understand the buying behaviors, and procure other substantial information that enables businesses to cater to their demographics better.

With RFID, the retailers can count products, confirm which products are present, determine where the products are located, and identify each product individually. They keep labeling mistakes at bay besides streamlining the ordering processes. Invest in this cutting-edge software right away.

Features of RFID Management

• Event monitoring means the generation of real-time alerts and actions that safeguard the operations to a great extent. These alerts are emails or videos, triggered when certain situations present themselves. For example, you may receive an alert when a product goes out of stock.

• The modern RFIDs offer instant data delivery through active and passive devices. This data is displayed on the customized dashboards and maps, providing you with a consistent as well as precise inventory picture. Now isn’t that great?

• The RFID technology is compatible with several platforms, including desktop, mobiles, and web-based systems. Recently, it is designed to work with WMS, ERP, and some proprietaries like MySQL, Oracle, XML, MS SQL Server, and SFTP/FTP.

How to Set Up RFID Management?

The experts offering the best RFID solutions for warehouse said that you must consider the following steps to set up any inventory management software with acute precision.

• Gather the necessary materials and tools. For the RFID system, you would need a printer and tags.

• Place the tags on every product manually. Remember, you would not be able to locate your merchandise if it does not have a tag. If you use the tamper-proof version of the RFID tags, they will be scanned in a seamless manner. It is also essential to see that the tags do not cover any important data, such as the ones present on the barcode labels.

• Install the RFID reader. The fixed readers are used at particular checkpoints to procure data, while the mobile readers are used only for search functions.

• Finally, you must get the software to track the products with RFID tags. The simplest interface, you will be able to monitor the products even if they are far away, receive immediate readings and reports based on the quantity of inventory present in a store or warehouse.

The RFID inventory management is the most proficient method tracking products for all kinds of retailers. Even though some may be a tad reluctant to refurbish their existing systems totally, remember, doing so alleviate thefts or shrinkage. A better perspective into customer behavior is a worth-mentioning benefit. No matter how small or huge one’s store is, installing RFIDs can put an end to all confusion.