i-TEK Stock Ageing: RFID based FIFO / LIFO

RFID technology enables real-time inventory tracking, ideal for managing stock ageing. Unique RFID tags track expiration dates, monitor inventory levels, and automate stock rotation and replenishment. This ensures products are sold or used before expiring or becoming obsolete. RFID also facilitates efficient FIFO and LIFO inventory management, reducing waste and minimizing inventory costs.

RFID enables expiration date tracking, automated alerts, temperature monitoring, and real-time updates for perishables, ensuring products are fresh and safe. For electronics, RFID facilitates warranty management, product authentication, service history tracking, and real-time updates. This enhances customer satisfaction, reduces returns, and minimizes warranty-related costs. Additionally, RFID enforces business rules such as lot tracking, serial number tracking, and product recall management.

Implementing RFID reduces inventory costs, improves stock rotation, and enhances customer satisfaction. Partner with i-TEK to leverage our RFID expertise and transform your inventory management. Our innovative solutions integrate seamlessly with existing systems, providing real-time visibility and actionable insights. Discover how RFID can drive business growth.