RFID standards make trading a better experience for everybody
RFID (Radio Frequency Identification) uses radio waves to transmit a unique identification number into a product or person for identification and tracking purposes through. GS1 develops and publishes RFID standards to make the industry more efficient.
Retailers can use RFID to:
Track products
- increase efficiency by always having the right goods available at the right time in the right place
- tackle the issue of stolen product
- meet consumer demand of product availability through better control of inventory and replenishment
Save money through improved efficiency by:
- effective tracking of assets to stop assets going missing or being stolen and being replaced unnecessarily or poorly maintained
- preventing lost sales (suppliers tend to keep hold of transport assets during seasonal peaks thereby constraining the flow of supply)
- releasing capital - companies are estimated to own or rent up to 30% more assets than are required
Food services can use RFID to:
Track products
- increase efficiency by always having the right goods available at the right time in the right place
- tackle the issue of stolen products
- Track returnable assets including kegs, trolleys and pallets
- meet consumer demand of product availability
- satisfy consumers by being able to track what ingredients are being used
Save money through improved efficiency by:
- effective tracking of assets to stop assets going missing or being stolen
- reducing the amount of inaccurate data being shared
- preventing lost sales (suppliers tend to keep hold of assets during seasonal peaks)
- releasing capital - companies are estimated to own or rent up to 30% more assets than are required
Healthcare can use RFID to:
matching the right patient to the right treatment
- tracking medication so that patients receive the right dose at the right time
- tackling counterfeit drugs
Save money through improved efficiency by:
- effective tracking of assets
- reducing the amount of inaccurate data being shared
EPCglobal standards
By using Electronic Product Codes (EPCs) in RFID tags, it’s possible to identify anything – from an individual item, to a case of products, to a transportation container. EPCs work with GS1 identifiers.
The EPCglobal standard for RFID technology enables smoother, cost-effective and accurate trading. You can use EPCglobal standards to consolidate, filter and share information globally.
Join GS1 UK
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