Industrial warehouses, pharmaceutical shops, technology companies, and many more need to carry out regular inventory control to get the best out of their business. For instance, as an industrial warehouse business owner, tracking your inventory is crucial to keep up with your customers’ demands and understand exactly what needs to be produced or restocked. Today, one of the most effective ways to achieve the best pharmaceutical inventory counting services results is by using RFID solutions.
In the past, most companies only relied on manual strategies to carry out their inventory and asset counts. Although this approach works, it often comes with errors—leading to inaccurate counting results. As a modern business owner, RFID solutions are all you need to achieve an automated, accurate, and efficient inventory management process today. But to achieve this, you certainly need to work with the best RFID systems.
But here’s a quick question, what factors influence the choice of the right RFID technologies today? You’ll find all you should know about this RFID system-related question as you continue reading this blog.
Are RFID Solutions Necessary for Inventory Management?
For accurate and efficient counting results, using RFID systems is certainly worth it today. Below are some goodies you can expect from relying on RFID solutions to manage your inventory:
- As earlier mentioned, the biggest advantage of RFID is that it allows you to automate your inventory management process. With these systems, you won’t need to manually count and track your inventory. Everything will be automated, giving your employees enough time to focus on other aspects of your inventory management. The bottom line is that RFID solutions will effectively help to lower your labor costs for asset counts.
- As you already know, manual entry and counting often come with human errors and inaccurate inventory counts. With RFID systems, you can rest assured of getting accurate and efficient results. Also, errors are possible with these systems, they are not as many as manual processes.
- Another good thing with RFID solutions is that you can always rely on them to get real-time updates regarding the available inventory. With regular updates, you can easily understand when to restock or produce new products.
- Scanning multiple items is not very easy with barcode scanners. You need a reliable RFID system to simplify this process even at a greater distance. This is especially true if you’re working in a very big warehouse.
Factors to Consider When Choosing Your Ideal RFID Systems
The following factors are worth considering when looking to choose the right RFID solutions today:
1. Facility Size & Design
One important question worth asking first before choosing your RFID systems is—what exactly is the size & design of your facility? If you’re working in a large warehouse, factory, or pharmaceutical store with a linear layout, then using the best RFID systems is recommended. RFID alternatives, such as conventional barcodes and NFC tags, may be crucial for smaller facilities with a complex design.
2. Inventory Type
Your inventory type can also help you decide if choosing RFID solutions is worth it today. A good example is if you’re working on a larger number of items. In this case, RFID systems will make counting, scanning, and tracking of these items a lot easier.
3. Industry Experience
Industry experience also matters when choosing the ideal RFID solutions for your inventory management. The right RFID vendor should have enough experience in the industry your business serves. Also, the vendor should be able to provide you with ongoing support, which will help you get the most out of the system.
You can speak with experts at OFS Inventory today for proper guidance on how to choose suitable RFID solutions for your inventory counts.