December 7, 2015

Use RFID technology to predict the future

Recently I often hear a word — “predictability.” Many companies have deployed RFID NFC technology have found a large amount of data provided by the system allows the company to predict what will happen in the future and to be ready.

Last week, I participated in a focus on the RFID of the International Air Transport Association (IATA) meeting. One airline executive told the participants who, a few years ago that their companies conducted a fleet overhaul, found a lot of oxygen bottles exceeded the expiration date (they were 15 years ago, purchasing). As a result, the company spent $ 3 million replacement of these oxygen bottles. Now, he said: “The use of RFID technology on each oxygen bottles, we can accurately know the next month, next month the number of oxygen bottles expiring this also allows us to begin preparations for the exact number of alternative oxygen bottles and more. accurately predict future costs. ”

Real-time location systems have been deployed medical institutions also found that they could have been tracking asset utilization, it is impossible that they previously. This capability combined with the experience of previous years, according to allow them to predict the future needs of a particular device. They can then use this information to predict rental costs and reduce unnecessary new capital equipment expenditures.

The author recently and is using RFID tracking tool manufacturer had a conversation. The company installed a service between reader reads are maintenance tools. After more than a year, the company realized that these data can help predict the need for tools estimated repair time. Since then, the company began maintenance work in advance, ensuring the tool does not damage and disrupt the manufacturing process.

Retail trade has been installed the reader to collect data in the locker room to discover some of the goods in question. With these data, the retailer will find some tried 100 times, but did not buy clothes. This means that the garment may have some problems and proactively resolve.

Retailers are also aware of these precise data can help more effectively merchandise replenishment. In the past, due to the inventory data is not accurate, retailers predict consumer trends rather limited. Things can not be sold because consumers simply do not need it or this product has never been on the shelves? Merchandise sold on shelves before put a one day, one week or a month? A particular product from the shelves or on the back room in a unique position to show it? missing goods from door to go out or go out from the employee channel it?

RFID technology provides 95% of the inventory accuracy (check more frequently the higher the accuracy) and can track specific commodities, so retailers can identify trends in the past can not see. A retailer told the author, they can now see which direction the stolen goods from door to leave, so you can focus on protection to reduce theft.

Airbus value chain Visualization leader Carlo Nizam like to say one sentence: “Without RFID, there would be no big data.” He meant that RFID can provide the amount of data and analysis used to predict the required particle size. According to some information I recently heard of the judgment, I think this is entirely correct.

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