Radio Frequency Identification (RFID) is commonly defined as the use of radio waves to read and capture information stored on a tag attached to an object. Suppliers to the Department of Defense (DoD) know that RFID is a transformational technology that enables automated visibility and assessment management. The technology has changed the way we do business forever and has improved and automated supply chains everywhere.
There are numerous benefits associated with RFID for both the Department of Defense and its suppliers. According to the DoD, “RFID is a means to facilitate accurate, automated data capture in support of business processes in an integrated DoD supply chain enterprise.”
Every day, suppliers come to us for exactly that reason: to complete their DoD commerce needs in a single, automated DoD-approved software platform. By streamlining supply chains and improving business functions, suppliers will see better business results.
Below is an infographic explaining the top 5 benefits of RFID technology for your company and other DoD suppliers.
Due to wireless scanning, RFID tags can provide information much quicker than barcodes or other systems, and multiple tags can be read at once.
The automated technology requires no human intervention. This lessens the risk of human error that typically comes with manual data logging and product replenishment. Our partners have transformed their DoD commerce by streamlining the entire work-flow process into a review environment, rather than using manual data entry.
Gone are the days of receiving numbers that are days or weeks old. RFID technology tracks and provides real-time data about inventory and products. Using Odyssey’s dashboard, your entire team can view real-time updates and communicate within the platform.
Easier Item Location
Less time spent locating inventory means more time focusing on other important tasks, such as production, fulfilling orders and selling to your customers.
Better Decision Making
Utilizing real-time data and insights leads to better decision making, commonly known as data-informed decision-making (DIDM). Business owners and managers can turn the data they acquire into actions that improve their business.
The Odyssey cloud platform is a DoD approved software that provides one integrated location for all DoD commerce tasks, to be handled in-house, using passive RFID technology. You can learn more about our company here. If you’d like to talk about how Odyssey can help streamline your business operations, feel free to contact us.