Value creation by RFID

(Radio Frequency Identification)

By –Archit Tiwari Gaurav DeshmukhLalit SharmaLovedeep Singh

RFID ?Radio-frequency identification (RFID) is the wireless use of

electromagnetic fields to transfer data, for the purposes of automatically identifying & tracking tags attached to objects.

These tags contain electronically stored information.

RFID Tag

RFID

RFID Tag Attributes

•Active tag •Passive tag

Value Addition -RESHAPING OF A BUSINESS MODEL: Instead of manual scanning of the products bought

at paying counter, automatic scanning through RFID is a value addition. Through reshaping, efficiency of business model can be increased.

RFID is also used to reduce failure rate, shrinkage, operating stock and to enhance on-time delivery, shipment quality and so forth. This can be new ways to make money.

VALUE DELIVERANCE:A customer can get information about the existence of

a garment matching his style, size and color requirements and if the desired garment exist, the store’s clerk can precisely locate the garment for him.

If the garment is out of stock, customer can get information with the help of RFID-enabled system about the nearest store where the garment is available.

Defence:

RFID can make the battlefield safer for soldiers in terms of identifying friendlies, specific units, weapons and of course targeting enemies with minimum fallout.

By having real time information to support and enhance logistics and supply chain management in the field. 

Logistics:

A reduction in the time required for workers to search for containers stored within the yard when they need to be inspected for clearance, or shipped out from the container-freight station (CFS).

Agriculture:Tracking the movements of animals via RFID is probably one of the first areas where this technology was used.  Farm management systems can be extremely

expensive, but monitoring the health of animals is essential for any modern day farmer.  

Ensuring the correct feed is provided to a specific individual among a herd of hundreds can be extremely time consuming.  With RFID this can be achieved automatically and cost effectively, with information sent back to central database in real time to show which animals are healthy.

RFID Door Locks:RFID, a database that contained user information, model door, lcd display, a door lock, and small switch circuit they designed a system that allows registered users to unlock the door. By simply waving the RFID tag in front of the RFID reader, the reader sends the ID embedded in the tag to the computer. Then the program checks to see if the ID is in the database. If the ID is in the database, then the lcd the door opens, and the lcd display displays the user's name. If, on the other hand the ID is not found the database, then the user is denide access, and the lcd display display a message notifying the user that he was denied access.

Applications Value creation

RFID Infrastructure & Management Services Provider

Provider of RFID infrastructure-related products and solutions (e.g. tags, readers, data integration services, middleware)

RFID-enabled pay-per-use Business Model

According to this model a firm that has a huge number of assets in a given industry lets its trading partners to use these assets and to pay for the assets per use. The firm tracks its assets through RFID devices located throughout the supply chain.

RFID-based Security Provider

A firm that provides RFID-based tracking solutions for authentication, brand protection as well as to combat tampering, theft, counterfeiting.

Information and Business Intelligence Agent

A firm that uses RFID to offer new information-based services. It analyzes, for example with the use of data mining techniques, the extensive data collected from RFID systems and provides business intelligence solutions.

Problems with RFID:Some common problems with RFID are Reader collision - Reader collision occurs when the signals from two or

more readers overlap.Systems must be carefully set up.

Tag collision- Tag collision occurs when many tags are present in a

small areaSince the read time is very fast, it is easier for vendors

to develop systems that ensure that tags respond one at a time.

solution

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solution

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RFID Works Better Than Barcodes

Thank you…

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