Capterra Glossary
RFID Tags
Radio-frequency identification (RFID) tags are now a significant component of everyday life, and their use is increasing. RFID tags are small devices that can be attached to or implanted in objects, animals, or even people. They are used to identify and track the object or person carrying them using radio waves. RFID tags have a variety of applications, including inventory management, access control, security tracking, and medical information tracking.
What Small and Midsize Businesses Need to Know About RFID Tags
The advantage of using RFID tags is that they allow small businesses to keep track of their inventory in real time. This means that they can see exactly what items are in stock and decide what products need to be ordered. Additionally, RFID tags can help reduce losses due to theft or misplaced items.
Related Terms
- Enterprise Resource Planning (ERP)
- Procurement
- Total Cost of Ownership (TCO)
- Vendor
- Supply Chain Planning (SCP)
- Telematics
- Senpai
- Vendor Management
- Value-Added Reseller (VAR)
- Bill of Materials (BOM)
- Supply Chain
- Smart Factory
- Scanner
- SCADA (Supervisory Control and Data Acquisition)
- Radio-frequency Identification (RFID)