Diverse Technologies to manage and track Inventory and Products within the facility

Instructions
Discuss there technologies and then add an overview of initial costs and cost savings if applicable. Include information on how these technologies affect human workers with regard to job displacement, safety etc. Finally discuss the software that supports the functions within the facility with each new tech items.
Diverse Technologies to manage and track Inventory and Products within the facility

Printable RFID Circuits and RFID Systems

Printable RFID Circuits reduce significantly the cost of opening ROI dynamics applications. An invention of a start-up company, Kovio, happened in 2007 at MIT University (Supply Chain Digest, 2020). Kovio’s technology in vast businesses has ensured they can print transistors through the help of technologies like inkjet printers. An alternative to printable RFID circuits is Ultrahigh Frequency (UHF). It is a radio frequency tag applicable in Toray Industries, A Japanese Chemistry firm. Whereas UHF has a printed semiconductor, RFID circuits have semi-conductive carbon nanotube. The semi-conductive carbon nanotube allows the manufacturing of UHF RFID chips (Supply Chain Digest, 2020). It prompts low-costing printing processes since it reduces the cost of each tag. Before, the traditional silicon-oriented RFID tag was very expensive. It entailed a complex manufacturing process that, other than requiring a vacuum environment, employed high temperatures. Also, the silicon-like RFID required an IC chip and, in the label material, mounted. This was very expensive. Toray’s framework has reduced RFID tag costs by 80%. A total of 2% is saved for each tag, equivalent to 1.8 cents (Supply Chain Digest, 2020). Also, it applies a 24-bit memory prototype and communicates to the UHF spectrum wirelessly but on 20 centimeters distance (Supply Chain Digest, 2020). Within the firm, it has increased the communication performance among its developed film manufacturing technology.

RFID systems, on the other hand, have been critical in the healthcare system. It saves organizations money and time through the provision of real-time identification of data for resources and people. In healthcare also, RFID is oriented to patient care and safety, and the satisfaction of the provider. This is because the RFID tag limits misidentification concerns in a healthcare setting.

Barcodes Xpress

Barcodes are viable and valuable choices for businesses to limit overhead and increase efficiency (McCrea, 2019). Barcodes are reliable and cost-efficient since they limit the chances of human error on the entered data. Besides, barcode scans are very affordable, reliable, fast, and time-friendly. They are inexpensive and versatile to design and print. Regardless of their usefulness, they are customized in several materials and finishes economically.

On the other hand, also, barcodes Xpress improves inventory control. Since their invention, they have been making it easier to track inventory. This also means that the inventory levels are decreased. Besides that, barcodes Xpress lowers overhead, and the equipment location can easily be tracked (McCrea, 2019). It decreased the period spent searching for the equipment or the revenue spent replacing the lost package.

On several occasions, barcode Xpress has been integrated with inventory control. As a result of the barcode systems, the items’ locations are tracked. Barcodes in the Amazon Companies are used to track its products which include receiving, shipping, shelving, and finally selling. This is significant in allowing the various products ordered or shipped to get trucked even when in bulk units. In cases of shrinkage, the barcodes can be used to determine the product process. One challenge with barcode systems technologies is that they have replaced human labor (McCrea, 2019). However, human labor necessitates a manual management inventory which is costly and time-consuming and could result in an error. With barcodes, Amazon’s chances of witnessing errors are counting. A barcode is only generated for a certain product and later printed on the sticker and, for instantaneous data, scanned. For instance, barcode Xpress can accurately and quickly not only read but also write distinct barcode types. It also automatically notes the damaged, broken, or badly printed barcodes.

Automated Stocktaking Drone

Automated stocktaking drones have obstacle avoidance and sophisticated navigation sensors. They are thus critical for promoting the warehouse automation process. In the contemporary world, automated stocktaking drones serve as one of the warehouse automation trends. They focus on reducing the non-value-added tasks (Infinium Robotics, 2019). In Amazon, drones, known as Amazon delivery robot, is vital for cutting down the long-lasting or mile delivery cost. They indeed improve smart warehouse operations oriented on inventory management. The automated stocktaking drones are significant in cycle counting, inventory audit, and stock findings. One of the core reasons for the latter is that they fly automatically, note and count the stocked materials in the warehouse. Sequentially, they differentiate the stocked materials from the virtually stored data. In the long run, it enables a safe and cost-friendly inventory operation.

Automated stocktaking drone tackles the full-count inventory issue. Previously most of the warehouses and distribution regions struggled with counting their inventories wholesomely. Also, to track or count their inventory, they had to perform cyclical counting. This entailed counting a small portion of the inventory compared to the entire population (Infinium Robotics, 2019). However, with the Automated stocktaking drone, companies like Amazon are not counting the entire inventory population. The warehouse robot technology, other than being cost friendly to the firm, also reduces the work or time taken that would otherwise be fulfilled by human labor. They minimize cycle calculation concerns and inventory variance.

References

McCrea B., (2019). Managing the complexities of inventory. As e-commerce continues to expand, both B2C and B2B shippers are sharpening their inventory management skills to come up with fresh ways to meet the demands of the “new normal.” https://www.logisticsmgmt.com/article/managing_the_complexities_of_inventory

Infinium Robotics (2019). Automated Stocktaking Drone for Warehouse Inventory Management. https://youtu.be/9WmjabZrB3c

Supply Chain Digest (2020). Toray Industries Claims Breakthrough In Printer RFID Chips. Company Says Technology will Reduce Tag Costs by 80 Percent, to Just 1.8 Cents Apiec. https://www.scdigest.com/ontarget/20-01-21_printable_rfid_tag.php?cid=16257

 

 

 

 

 

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