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Inventory Management
The inventory tracking system can be benefical by using RFID technoogy for the automated management of the warehouse inventory.
The visibility provided by RFID technology enables the accurate and real time information about the warehouse situation, for instance the inventory level. As a result, the warehouse companies can have an ideal inventory control and management for fulfilling the sales orders without shortage of stocks.
It also elimiates the discrapany between the actual physical inventory quantity in warehouse and the inventory quantity being recorded by tracking and recording all the stock movements automatically. By using RFID technology, the logistic and warehouse company can speed up the inventory movement in order to provide a high quality of service.
Advantages
• Improve the inventory control and management effectively by viewing the instant situation of entire
warehouse, including stocks currently check in/out
• Simplify the business process and eliminate the cumbersome paperwork for each stocks movement stage
• Track, record and update each tagged stock being entered and left automatically
• Reduce time cost of checking the exact location of each stock, and verifying its designated target
• Effectively gain the real time and accurate information about the current situation of warehouse
• Reduce the labor cost for the warehouse management
• Place the stocks intelligently on designated shelves with error resolution
• Eliminate the manual errors, such as counting and recording
• High degree of automation of stock scanning process
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