Known as intelligent bar codes, RFID tags are the advanced version of bar codes to help businesses keep track of their inventory – in other words, one of its main purposes is being a highly effective asset tracking system.
It is seen across various industries from military, retail to manufacturing. After all, it boasts several advantages that can be used in numerous business environment. For instance, RFID retail helps to simplify the inventory process that is usually time-consuming, manual, and can only be done during prearranged intervals.
However, just understanding the uses of RFID may not suffice – businesses should also comprehend its functionality clearly to put the technology to good use. Hence, why we should understand its main components.
First off, an RFID tag works as a beacon that carries information about a product or item. The data is then accessed through the use of a reader, which then interprets this information to the user.