Barcode technology has existed for many years. It has been used by companies to help them and their employees save time and effort on pricing and inventory. This technology is changing just like any other technology.
Radio Frequency Identification, or RFID, will reduce inventory times and allow you to track your assets better within your company. RFID tags in Australia has advanced a lot and uses radio waves to identify objects.
There are many ways to do this, but the most popular is to attach a microchip to an antenna to store a serial number as well as other important information.
An RFID tag, is a microchip and an antenna. The chip and antenna combine to store, process, and transmit information. The RFID reader then decodes the data on the tag.
There are two types of RFID tags: active, which have batteries and can transmit the signal; and passive, which don't contain batteries but require an external source to initiate the signal transmission.
RFID technology has many advantages over traditional barcodes. They can store massive amounts of data. This includes product details like price, description, and name.
RFID can dramatically improve the efficiency of your company. RFID tags can be used to automatically register and count all items. Businesses also have the advantage of RFID technology's tracking feature, which can reduce theft and shoplifting.