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Logistics, Supply Chain and Operations
WAREHOUSE LOGISTICS: SUPPLY CHAIN MANAGEMENT RFID AND RTLS SOLUTIONS
Companies around the globe are using RFID to improve production flow, optimize their supply chain, manage assets and increase inventory accuracy. By tagging assets and returnable transport items (RTIs) like pallets, trolleys, containers, etc., companies have been able to obtain the visibility they need into their processes, in order to track production flow in real time, and thereby identify bottlenecks so they can improve cycle times.
RFID also provides automated and accurate inventory counts, as it tracks parts moving through the process. This reduces the amount of time workers spend searching for specific parts (or conducting manual inventory audits), while also ensuring accurate scheduling of assembly operations, by having a live count of the work-in-process (WIP) inventory.
RFID and visual tagging systems (bar coding, datamatrix, etc.) reduce costs by eliminating paper-based instructions and tags in their processes.