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Subscribe to SupplyChain Game Changer. The use of Radio Frequency Identification (RFID) can result in substantial benefits for partners of the principal client in a supplychain process. They can turn this power of access to information into practical solutions to increase their productivity and revenues.
These tags hold unique information about the object they’re attached to and are read by RFID readers. When an RFID reader emits radio waves, the tag responds by sending its stored information back to the reader. The reader then interprets this data, allowing businesses to manage and track their assets more efficiently.
Defining Asset Tracking Asset tracking involves using technology, such as barcodes or RFID tags, to monitor assets and gather information about their movement and usage. This information is then stored in a centralized system, providing businesses with a precise and current overview of their assets.
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