RFID Tags for Asset Management

RFID tag systems are a great way to track inventory and keep it in order. Radio Frequency Identification tags, also known as ‘smart bar codes’, transmit data by radio frequency to the receiver. The software then records the data and can perform any actions such as placing an order to purchase more raw materials. The RFID tags don’t transmit their numerical identifiers alone.

They can also be programmed to transmit any data or can be linked to other variables. These systems were originally used to manage livestock. However, now many industries such as manufacturing and grocers have adopted the technology because of its incredible inventory tracking capabilities. Let’s imagine a fully RFID tag¬†enabled grocery store.¬†

7 Unexpected and Awesome Uses of RFID Tags

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Each item in your cart is equipped with a tag. This allows you to walk out of the store and a sensor will gather information about what you bought. The sensor communicates information to both the grocery store’s suppliers as well as, when you swipe your card at the register, to your bank so that they can withdraw the bill amount.

The core of Radio Frequency ID technology is in the asset management and tracking software you use to manage data from your tags. The transmitter and tags are simple circuitry. You are likely to be familiar with these tags if you have a sticker for a highway toll-pass sticker on your card.