In the world of storage and logistics, businesses aim to automate operations and enhance efficiency; however, blind spots in inventory management and logistics have long been a challenge, yet RFID technology and IoT are gradually eliminating such blind spots. In this post, we explore how RFID and IoT are revolutionizing storage and logistics, transforming traditional warehouses into smart and efficient facilities.

Automate receiving and dispatching

One of the key advantages of RFID and IoT in storage and logistics is the ability to automate receiving and dispatching processes. If previously an employee had to count each shipment with pen and paper or a spreadsheet, now a fixed reader on a gate or the ceiling can do the job for you. Automated scanners can quickly read the tags, capturing essential information such as product details, quantities, and timestamps. This eliminates the need for manual data entry and hence saves labor costs, reduces errors, and simplifies the entire process.

Reduce labor cost on cycle counts

Traditionally, conducting cycle counts in warehouses required significant manpower and consumed valuable time. However, with RFID and IoT, cycle counts become easier than ever. RFID readers can swiftly scan the tagged items throughout the warehouse, providing accurate and real-time data on inventory levels. As a result, labor costs are reduced, saving immense amount of time.

As well, making cycle counts easier and affordable allows warehouses to count more frequently, which ensures accurate reports are in sync with actual inventory on a regular basis.

Manage inventory accurately

Maintaining accurate inventory records is crucial for any successful warehouse operation. RFID and IoT play a pivotal role in achieving this objective. Having each item tagged and visible at all times helps reduce human errors and enables better decision-making.

This accuracy helps avoid overstocking and understocking and hence improves general warehouse operations.

Locate and find items quickly

RFID and IoT sensors allow to track each individual item within the entire warehouse, enhancing efficiency in the picking and replenishment processes. The ability to track items across the warehouse not only saves time but also streamlines the workflow for warehouse staff, making their tasks more convenient.

Climate controlled storage

A certain product's quality and integrity depend on the environment in which it is stored. In climate-controlled storage, RFID and IoT technology enable efficient management. Temperature and humidity sensors integrated with the IoT network continuously monitor storage conditions, and if any change occurs, alerts are triggered, enabling prompt action to fix the situation...and avoid waste, expiration, and preventable loss.

Unlike tracking climate at a room level, having each item separately checked allows one to gain insights into the climate situation within the room. For example, if there are colder or warmer areas within the storage room (usually near the entrance), better decisions can be made accordingly in placing the different items.

Loss prevention and security

Same as in retail stores, warehouses are vulnerable to theft and inventory shrinkage. Therefore, utilizing RFID can be beneficial to prevent theft and reduce shrinkage. The ability to track inventory on the item level allows management to identify when and how things are getting lost and address the issue in real time before any additional damage takes place.

Integration of WMS and ERP

A major concern businesses have when thinking of implementing technology to track their inventory is the fear they will have to handle so many parties that are not speaking the same language. Thankfully, software such as Chainlane fully integrates with your existing systems such as WMS and ERPs, ensuring accurate and up-to-date information across the entire supply chain. This helps warehouse managers make informed decisions based on real-time data, optimizing operations, and enhancing overall efficiency.

RFID and IoT technologies are transforming the way warehouses operate by eliminating blind spots in warehouses. Automating receiving and dispatching processes, reducing labor costs on cycle counts, enabling accurate inventory management, providing location tracking, facilitating climate-controlled storage, enhancing loss prevention and security, and integrating with WMS and ERP systems are just a few of the numerous benefits offered by these innovative solutions. By harnessing the power of RFID and IoT, businesses can optimize their warehouse operations, reduce costs, and improve customer satisfaction in today's competitive market.