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The reason we, and our customers, have embraced and adopted RFID is simple: Automation speeds up processes, removes human error, and lets real human resources be allocated for higher level processes. That's the gist of how and why it works in manufacturing; it works with safety & equipment tracking systems in a similar fashion.
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ROI of RFID
RFID delivers tangible benefits • Speeds up and automates processes• Removes human error• Allows better resources allocation • Safety & equipment tracking, not just inventory counts• Flexibility to use across industries and enterprises
RFID revs up warehouse & distribution
• Replaces labor-intensive tracking processes • Tracks items as they move from through various key locations• Improves productivity / leaner operations• Avoids/prevents inventory issues• Case studies:
• Realized labor costs reductions of 7.5 % (warehouse)• 5 to 40 % labor cost reductions (regional distribution centers)
Realized dramatic reduction (almost 90%) of pallet-build processes
RFID enhances distributor relations
• Helps distributors reduce labor costs and service fees • Regulate stock management and inventory.• Enhances inventory visibility and forecasting
• Case studies:• Handling out-of-stock restocking and
replenishment tasks reduced by 15 to 20 %• 50% improvement in stock availability.• 16% average reduction in out-of-stocks
Easy integration: tag. scan. track.
RFID achieves inventory accuracy
• Tracks materials, work-in-process and finished goods • Reduces production delays • Tracks delivered goods more accurately • Manages and match demand better. • Fewer write-offs for excess or obsolete inventory• Case study
• 10-30% net savings via via lower safety stock requirements
RFID minimalizes loss & shrink
• Tracks pallets, cartons & individual product through supply chain• Pinpoint and always-current product location • Eliminates inventory errors • Improves accountability by showing where in the process any
product is lost• Case study: 18 % reduction in shrink
RFID prevents costly errors
• Automates data capture to eliminate data-entry errors• Reduces costly labor spend required to resolve mistakes• RFID helps recoup the cost of bad data
RFID manages capital assets securely
• Tracks hard to manage assets like shop tools & containers • Increase capital asset accountability and visibility• Locates movable assets• Streamlines maintenance scheduling and proves assurance of
maintenance performance• Case study: Workflow can be optimized by 20 % or more
RFID meets market mandates
• RFID required in many industry mandates• Provides an advantage for those who proactively implement it• Recent Federal Regulations call for shorter, more precise tracking in
critical industries such as food and pharmaceuticals • RFID is the vanguard of response to mandates
www.havocllc.com/rfid