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RFID tags or barcodes?
What is more profitable?
That is a question.
HISTORY OF IDENTIFICATION
From abacus to SMART RFID or the progress in identification field.
RFID technology uses radio
wa...
THE GOLDEN AGE OF RFID UHF TAGS
2. RFID market will be worth 24 billions of dollars in 2026.
3 reasons that RFID tags are ...
Could such companies be wrong in choosing RFID?
THEY ALREADY ENJOY RFID BENEFITS
The basic RFID advantage over barcodes?
With RFID you can simply do more.
EFFECTIVITY MATTERS
BARCODES RFID
RFID is a perfect identification of hundreds of products in one second.
MORE…
RFID is an identification from several meters, without visual contact between reader and
tagged product.
AND FURTHER
BARCO...
Here is a comparison between stock-taking with barcodes and RFID tags.
PROOFS?
WHY DON’T YOU USE RFID TAGS?
„RFID tags are too expensive!”
The most common excuses for not using RFID:
„Barcodes are way ...
WHAT IS THE REALITY?
If this is the whole truth about RFID, then why so many
companies invest in this technology?
Is a uni...
PRICE COMPARISON
It is true. RFID tag is really more expensive than barcode.
But not all costs can be seen in the moment o...
Pallet with products marked with barcodes must be scanned
manually: each one of 460 products is identified separately.
Sca...
REAL LIFE SCENARIO
* Data from SMART RFID implementation for the client of Smart Technology Group.
The same pallet is scan...
REAL LIFE SCENARIO
While passing under RFID gate,
a whole pallet with
460 products
is scanned automatically.
Identificatio...
Cost for daily scan of 33 pallets. Every pallet contains 460 items.
0
2000
4000
0 1 2 3 4 5 6 7 8 9 10 11 12
TIME [months]...
Daily scan of 33 pallets. Every pallet contains 460
products.
Savings generated by using SMART RFID mobile reader*.
Saving...
Find out how SMART RFID will help you to optimize costs of processes
based on scanning.
SURPRISED?
See the results of SMAR...
UNLOADING IN WAREHOUSE
Number of employees
Number of pallets
Time of unloading*
Total cost of labor**
daily
monthly
yearly...
STOCK-TAKING IN WAREHOUSE
Number of employees
Stock-taking time*
Total cost of daily labor**
Total cost of stock-taking
pe...
COMPLETION IN WAREHOUSE
Number of employees
Number of pallets
Completion time
Total cost of labor: daily
monthly
yearly
33...
UNLOADING, COMPLETION AND STOCK-TAKING
How much do you pay for all these processes?
How much would you pay if you performe...
SMART RFID implementation caused that general costs of scanning
processes were reduced by 57%.
0
5000
10000
15000
20000
25...
NO.
But are these all savings provided
with SMART RFID?
Barcodes never guarantee 100% scanning precision.
The worse scanning quality, the worse business decisions:
Let SMART RFID...
How SMART RFID can help you?
Automatic identification eliminates human mistakes: overlooking,
imprecision, delays.
And con...
But…
Doesn’t it all sound too beautiful to be true and available solution?
Meet brands which benefit real profits from RFI...
Which companies increased their turnover after products shortage reduction?
The Gap - 2% increase in clothes selling
Tesco...
Which companies reduced their costs with RFID?
Procter & Gamble - 3% (ca. 1,2 billion dollars) after improving supply chai...
Wal-Mart real profits with RFID
savings on labor costs after eliminating manual scanning of products and pallets - 6,7 bil...
Metro Group real profits with RFID
90 seconds products reception into warehouse 70 seconds
DESADV
products reception into ...
COSTS COMPARISON
WHAT IS YOUR CONCLUSION?
Detailed analysis leads us to surprising finding.
Barcodes purchase is merely the beginning of yo...
RFID tags or barcodes?
What is more profitable?
Now it is easy to answer.
Of course, RFID tags.
Contact us
office@smart-tg.com
smart-tg.com
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RFID tags or barcodes: what is more profitable?

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The optimization of scanning processes. Savings up to 57% of today's costs. Lower labor costs and more precise scanning. Smart Technology Group experts explain which markers will help you to achieve such astonishing results.

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RFID tags or barcodes: what is more profitable?

  1. 1. RFID tags or barcodes? What is more profitable? That is a question.
  2. 2. HISTORY OF IDENTIFICATION From abacus to SMART RFID or the progress in identification field. RFID technology uses radio waves for immediate and precise identification of hundreds tags at once. This is the last and most perfect chain in the history of identification evolution. Deprived of disadvantages of previous solutions, it offers completely new quality.
  3. 3. THE GOLDEN AGE OF RFID UHF TAGS 2. RFID market will be worth 24 billions of dollars in 2026. 3 reasons that RFID tags are worth your interest: 1. Currently, there are over 34 billions of tags. Only in 2015 7,5 billions were sold. 2016 2026 10 bln $ 20 bln $ 3. 38,9% is the annual RFID market growth for retail up to 2020. RFID is considered as technology that will revolutionize manufacturing and logistics. Just take a look how many companies use RFID.
  4. 4. Could such companies be wrong in choosing RFID? THEY ALREADY ENJOY RFID BENEFITS
  5. 5. The basic RFID advantage over barcodes? With RFID you can simply do more. EFFECTIVITY MATTERS BARCODES RFID
  6. 6. RFID is a perfect identification of hundreds of products in one second. MORE…
  7. 7. RFID is an identification from several meters, without visual contact between reader and tagged product. AND FURTHER BARCODES RFID
  8. 8. Here is a comparison between stock-taking with barcodes and RFID tags. PROOFS?
  9. 9. WHY DON’T YOU USE RFID TAGS? „RFID tags are too expensive!” The most common excuses for not using RFID: „Barcodes are way cheaper!” „They don’t pay off!” „I can’t afford RFID!”
  10. 10. WHAT IS THE REALITY? If this is the whole truth about RFID, then why so many companies invest in this technology? Is a unit price for a single tag and barcode the only cost that has to be analyzed? NO.
  11. 11. PRICE COMPARISON It is true. RFID tag is really more expensive than barcode. But not all costs can be seen in the moment of purchase.
  12. 12. Pallet with products marked with barcodes must be scanned manually: each one of 460 products is identified separately. Scan of one product lasts ca. 1,5 seconds. Scan of all 460 products takes 460 seconds, which is over 11 minutes*. And what about costs? At least 0,5 euro for scanning one pallet (at minimal gross hour wage in Poland = 4 euro). How many pallets do you need to scan every day? Every month? Every year? REAL LIFE SCENARIO * Data from SMART RFID implementation for the client of Smart Technology Group.
  13. 13. REAL LIFE SCENARIO * Data from SMART RFID implementation for the client of Smart Technology Group. The same pallet is scanned with mobile SMART RFID reader, NEO in 45 seconds*. Costs of such identification are minimal: less than 0,05 euro**. ** Minimal gross hour wage= 4 euros.
  14. 14. REAL LIFE SCENARIO While passing under RFID gate, a whole pallet with 460 products is scanned automatically. Identification time: max 2 seconds*. Fixed costs of automatic identification: 0 euro. * Data from SMART RFID implementation for the client of Smart Technology Group.
  15. 15. Cost for daily scan of 33 pallets. Every pallet contains 460 items. 0 2000 4000 0 1 2 3 4 5 6 7 8 9 10 11 12 TIME [months] COSTS [EUR] REAL LIFE SCENARIO * Data from SMART RFID implementation for the client of Smart Technology Group. automatic scan with RFID RFID mobile reader barcodes
  16. 16. Daily scan of 33 pallets. Every pallet contains 460 products. Savings generated by using SMART RFID mobile reader*. Savings generated by using SMART RFID portal*. Savings generated by SMART RFID. REAL LIFE SCENARIO * Data from SMART RFID implementation for the client of Smart Technology Group. Savings [EUR] 0 1000 2000 3000 4000 1 day 1 month 3 months 6 months 12 months
  17. 17. Find out how SMART RFID will help you to optimize costs of processes based on scanning. SURPRISED? See the results of SMART RFID implementation in a low storage warehouse. Savings at scanning are just a beginning.
  18. 18. UNLOADING IN WAREHOUSE Number of employees Number of pallets Time of unloading* Total cost of labor** daily monthly yearly 33 33 8h 5h 72 eur barcodes RFID tags 1 512 eur 18 144 eur 30 eur 630 eur 7 560 eur Data based on SMART RFID implementation for a client of Smart Technology Group. Implementation in low storage warehouse. Every pallet contained 100 boxes with products. *Mobile reader NEO was used for scanning ** Minimal gross hour wage= 4 euros.
  19. 19. STOCK-TAKING IN WAREHOUSE Number of employees Stock-taking time* Total cost of daily labor** Total cost of stock-taking performed 6 times a year 8h 0,1h 72 eur barcodes RFID tags 432 eur 0,9 eur 5,4 eur Data based on SMART RFID implementation for a client of Smart Technology Group. Implementation in low storage warehouse. *SMART RFID mobile reader NEO was used for scanning and stock-taking. ** Minimal gross hour wage= 4 euros.
  20. 20. COMPLETION IN WAREHOUSE Number of employees Number of pallets Completion time Total cost of labor: daily monthly yearly 33 33 8h 5,4h 72 eur barcodes RFID tags 1 512 eur 18 144 eur 32,4 eur 680,25 eur 8 164 eur Data based on SMART RFID implementation for a client of Smart Technology Group. Implementation in low storage warehouse.. Every pallet contains from 10 to 100 boxes with products. Displacement = 1%. *SMART RFID mobile reader NEO was used for scanning and stock-taking. ** Minimal gross hour wage= 4 euros.
  21. 21. UNLOADING, COMPLETION AND STOCK-TAKING How much do you pay for all these processes? How much would you pay if you performed them with RFID UHF? 1 day 1 month January - December barcodes RFID UHF 216 eur 3 024 eur 36 720 eur 15 728,4 eur 1 310 eur 63,3 eur Your gain with 20 991,6 eur 1 714 eur 152,7 eur *Stock-taking is performed 6 times a year. ** SMART RFID mobile reader NEO was used for scanning and stock-taking. *,**
  22. 22. SMART RFID implementation caused that general costs of scanning processes were reduced by 57%. 0 5000 10000 15000 20000 25000 30000 35000 40000 1 day 1 month 6 months 12 months costs of processes with barcodes costs of the same processes but performed with SMART RFID savings COSTS [EUR] REAL LIFE SCENARIO
  23. 23. NO. But are these all savings provided with SMART RFID?
  24. 24. Barcodes never guarantee 100% scanning precision. The worse scanning quality, the worse business decisions: Let SMART RFID save you from these problems. VICIOUS CYCLE OF ERRORS low stock-taking quality = supply orders not matching clients’ needs, lack of wanted products, sales decrease and costs of additional orders and transport low quality of completion and orders means complaints, returns and additional transport.
  25. 25. How SMART RFID can help you? Automatic identification eliminates human mistakes: overlooking, imprecision, delays. And confirmed 100% precision means zero errors at stock-taking, completion and shipping. Say good bye to returns, complaints, compulsory additional transport. NEW QUALITY
  26. 26. But… Doesn’t it all sound too beautiful to be true and available solution? Meet brands which benefit real profits from RFID. Join them. LEAGUE OF WINNERS
  27. 27. Which companies increased their turnover after products shortage reduction? The Gap - 2% increase in clothes selling Tesco - 4% increase in DVDs selling MeadWestvaco – 3- 8% increase for all products after using smart shelves Tyco - 1,6% increase thanks to real-time stock-taking Accenture - 3% increase (for retailers) McKinsey - 6,2% sale increase thanks to labour cost reduction, decrease in thefts and better supplies planning Source: reports, case studies, company information Numbers are true LEAGUE OF WINNERS
  28. 28. Which companies reduced their costs with RFID? Procter & Gamble - 3% (ca. 1,2 billion dollars) after improving supply chain management Lake West Group US – up to 20% savings of time at products tracking Scottish Courage Brewing UK – up to 10 million dollars savings after reduction of internal thefts Source: reports, case studies, company information LEAGUE OF WINNERS Numbers are true
  29. 29. Wal-Mart real profits with RFID savings on labor costs after eliminating manual scanning of products and pallets - 6,7 billion dollars additional profits after reduction of shortages in products - 600 million dollars elimination of internal thefts and administrative errors - 575 million dollars faster searching for over bilion pallets - 300 million dollars bigger sales after salesmen’s better knowledge on location of every product in every moment - 180 million dollars Source: EAN Report LEAGUE OF WINNERS Numbers are true
  30. 30. Metro Group real profits with RFID 90 seconds products reception into warehouse 70 seconds DESADV products reception into shop DESADV before RFID with RFIDin warehouse In shop Source: Metro Group materials LEAGUE OF WINNERS Numbers are true 15 minutes 3 minutes 80 seconds 8 minutes 60 seconds 2 minutes
  31. 31. COSTS COMPARISON
  32. 32. WHAT IS YOUR CONCLUSION? Detailed analysis leads us to surprising finding. Barcodes purchase is merely the beginning of your expenses. They are well hidden and staggered. They appear one by one, consuming your budget in various ways. Ways taht are similarly painful. Contrary to barcodes, RFID tags bring more and more savings and profits on every day. From initial price of RFID tags you may easily take away generated profits.
  33. 33. RFID tags or barcodes? What is more profitable? Now it is easy to answer. Of course, RFID tags.
  34. 34. Contact us office@smart-tg.com smart-tg.com

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