With increased automation due to advent of technological advancement over the couple of years like 4G internet, and smart phones, the use of IoT solutions in businesses has only increased. Businesses have moved on to provide better customer experience in the store, faster POS transactions and minimal physical monitoring of assets.
RFID jewelry tagging is one such move in the right direction which provides the businesses with security against theft and counterfeiting and faster and efficient inventory control.
Use of RFID in businesses in post-pandemic world is quite visible than ever. From parking management system, to retail and asset management in IT industry itself, RFID is everywhere.
How does RFID work?
To say RFID is not new seems like a controversial statement now since many people were earlier not aware of RFID applications around them or to say that RFID use was limited few years back but now at least one RFID use is known to all.
A RFID system uses a combination of RFID tags, antennas and RFID readers to work. The RFID readers use Radio waves to send and receive signals from tags, through antenna and send the data to the end user.
Through strategic placement of RFID readers, assets can be tracked and traced as well.
How RFID is used in Jewelry Industry?
In jewelry industry RFID technology is used to prevent theft, counterfeiting and for security and asset tracking and inventory management.
Although jewelries are small objects and need special RFID tags, specially designed to fit the need, virtually every requirement like tracking the assets from creation to the point of sale, managing stock by taking quick stock count and to prevent loss in transportation etc.
Jewelries though small could be very costly and can account for huge losses in case of theft and misplacement from the store or inventory itself. Using RFID can help minimize these losses by tracking the asset until sale.
Many RFID solution providers also offer mobile application that keeps logs of asset movement and other details which can be accessed anytime, from anywhere.
RFID jewelry tags:
Specially crafted RFID UHF tags are used for this purpose. UHF RFID tags provide great range (up to 15m in case of passive RFID and up to 100m in case of active RFID) that helps in tracking the jewelry throughout the store and in the warehouse as well.
Long range reduces the need for manual intervention and streamlines the whole process. The people can be redirected to attend customers that accounts for better customer experience and propels business.
RFID jewelry inventory management
Apart from tracking and tracing the jewelry in the store, the need for carefully managing the asset in the inventory is also crucial.
RFID readers can be installed at different strategic locations to track the asset in the warehouse as well. The data on movement of the asset is stored for future need and evaluation for better inventory management.
Use of RFID in inventory has many advantages as follows:
1.Accurate inventory management.
2.Less human errors,
3.Minimized losses thereof,
4.Cost savings,
5. People can be directed to attend to customers better,
6. Theft prevention, and
7. Fewer damage risks etc.
RFID in Museums:
Apart from use of RFID in jewelry businesses, museums which house valuable artifacts and paintings, like Louvre in Paris, employ RFID to prevent theft and counterfeiting.
RFID has truly enhanced the security and traceability of valuable objects.
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