WBSRocks: Business Growth with Enterprise Software and Digital Transformation
WBSRocks podcast features in-depth conversations on customer experience, digital transformation, supply chain, eCommerce, industry 4.0, and enterprise software categories such as CRM, ERP, or analytics suites. The purpose of the show is to help CFOs, COOs, CEOs, and business owners with their daily commercial, operational, or financial challenges by taking a deep dive into business cases and processes, technology strategy and architecture, transformation initiatives, and business models. The show also offers an independent analysis of technology trends, various enterprise software vendors and solutions, and their mergers and acquisitions. Subscribe today to stay on top of digital transformation trends!
WBSRocks: Business Growth with Enterprise Software and Digital Transformation
WBSP073: Grow Your Business Through Real-Time Inventory Replenishment Using RFID w/ Andrew Johnson
RFID technology has been available for a long time, but its adoption has been limited to high-value assets. Most manufacturers might not believe that RFID technologies can track commodities and be an excellent replacement for barcode labels. Unlike barcode labels requiring warehouse and production workers to hold the pointed gun and scan each item, RFID tags could significantly save time while expediting the scanning process. They will also provide you real-time visibility and replenishment of the inventory.
In today's episode, we have our guest Andrew Johnson, who discusses the evolution of RFID tags and how RFID technology is no longer limited to tracking high-value assets. He also touches on the old-school vendor-managed inventory approach and how RFID technology enables manufacturers to enable true Just-in-time tracking in real-time across products. Finally, he touches on the several logistics associated with enabling RFID to manage your vendor-managed inventory, including the cost of printing RFID labels, their limitations, and strategies for their adoption.
For more information on growth strategies for SMBs using ERP and digital transformation, visit our community at wbs.rocks or elevatiq.com. To ensure that you never miss an episode of the WBS podcast, subscribe on your favorite podcasting platform.