What is RFID and its Types

In the same way, that data from a tag or label is recorded by a device and stored in a database, RFID is comparable to barcoding. RFID, on the other hand, provides numerous advantages over barcode asset tracking software. The most noticeable difference is that RFID tag data may be read without needing to be connected with an optical scanner, while barcode data must be positioned with an optical scanner. RFID is part of the Automatic Identification and Data Capture (AIDC) technology group (AIDC). With little or no human interaction, AIDC techniques automatically detect items, gather data about them, and enter that data straight into computer systems. Radio waves are used in RFID techniques to accomplish this. An RFID tag or smart label, an RFID reader, and an antenna are the three basic components of an RFID system.

RFID tags are divided into two categories: Passive RFID tags and Active RFID tags. Active RFID tags have their power source, which is usually a battery. In Passive RFID the reading antenna, whose electromagnetic wave produces a current in the RFID tag's antenna, provides power to a passive RFID tag. Semi-passive RFID tags use a battery to power the electronics while the RFID reader powers the connection.

Importance of RFID Tagging in Business

•    Tracking assets and managing inventory: Most businesses struggle to keep track of assets and materials, whether it's components on a production line, finished goods being sent, industrial containers that need to be returned, or tools, laptops, and other high-value equipment that frequently go missing. Without having to count each item, RFID devices provide a quick and reliable way to track them. Using RFID applications, you can instantly know how many of each sort of item you have, as well as their position and stage in the process. You can trace products from the time they arrive in stores to the time they are assigned to production and finally used in a finished product. This makes inventory management, stock checks and audits, and shrinkage control a breeze. RFID can also assist in the recovery of things that have been misplaced on the premises.

•    Saving time and money through automation: RFID apps can track the movement of products and transmit the data to a financial management system automatically. As a result, they can eliminate the need for manual form filling and obsolete spreadsheets. Fixed readers at critical locations may save even more time, and in a production line, for example, can eliminate the need for manual intervention.

•    Improving data accuracy and availability: When RFID is used to gather data on a large number of objects at the same time, it prevents transcription mistakes, duplication of data, and "missing items" because data is collected and uploaded electronically. The usage of cloud-based technologies allows everyone in the organization to access the most up-to-date information on item location and status. Customers might also be given access to data.