How RFID enables a warehouse

  • Most accurate in recording the inventory data (which can be further integrated with the ERP module the organization is running) through RFID tags

  • Zero data entry errors

  • Saving time in scanning and updating the inventory records once the product moves in or out of the warehouse, the data can be updated with the help of a RFID tag reader.

  • Security and alerts for low inventory, security breaches or theft etc.

  • Increases the productivity at each distribution front, reduces the time to ship and makes the data availability across regions or zones or warehouse the company operates in; that too on real-time.

Present Challenges for Managers

  • Too much manual effort
  • Long time taken for re-conciliation
  • Losses due to erroneous entries & recording
  • No reliable mechanism to check current inventory levels
  • High operational cost piling on the pressure in addition to increased competition

Capabilities of  RFID System

  • Reduced inventory errors through automated recording and data capturing
  • Provide timely and accurate information for invoicing, dispatch, PO and inventory
  • Integration of data with the ERP
  • Strengthen the security against theft, loss & counterfeiting
  • Automatic Alerts for low Inventory

Business Productivity Improvements

  • Increased Efficiency
  • Reduced warehouse and distribution labor costs
  • Real-time availability of accurate data facilitates improved decision making
  • Uncompressed Security
  • Strengthen the security against theft, loss & counterfeiting
  • Reduced inventory errors
  • High customer satisfaction & return business levels

Warehouse Management systems (or WMS) allows the warehouse owners in managing the warehouse with controls and reporting layers for security, real-time inventory management, temperature control besides other general management consoles to ensure the warehouses are safe, secure, clean and healthy all the time.

Any WMS solution has major components as outlined below

  1. Warehouse Management

  2. Fulfilment

  3. Store level integration

  4. Climate control

  5. Compliance for food or agricultural commodities

  6. Central and regional distribution centers

Why a WMS is required:

  • Losses due to in-accurate reporting and unavailability of data on inventory and shelf life of the stored product.

  • Time & material management becomes complex once the inventory management system is not present or is not functional.

  • High operational cost in account of non-reconciled stock or non-available actual stock status

  • Productivity& customer satisfaction enhancement