Environmental degradation has become an important concern for humankind over the past couple of years. In recent decades, several environmental issues have emerged, bringing about adverse impacts across the globe, such as coastal erosion, rising sea levels, increasing global average temperature, and more disastrous natural calamities. For this reason, it has become a social responsibility for businesses to adopt measures that will help prevent environmental degradation from worsening.
One way to do that is to invest in breakthrough technologies that are specially designed with sustainability in mind, such as RFID. RFID inventory management is a technology that utilises RFID tags to monitor and manage products in a warehouse, store, or supply chain. It can offer numerous benefits for businesses, such as enhancing security, accuracy and efficiency, as well as supporting sustainability initiatives.
Read on to find out more about the sustainability of RFID and how it can help businesses achieve their environmental goals.
The Importance of Sustainability
Before delving into the sustainable feature of RFID, it is important to understand first why businesses should care about sustainability. Sustainability refers to a company’s strategy to minimise the negative environmental impacts resulting from its operations. Businesses that follow sustainability tend to make conscious efforts to conserve natural resources and protect nature.
This does not only improve the image of a company in the eyes of customers and other shareholders, but it also increases the availability of resources for everyone. In essence, sustainability can help companies expand and innovate while also addressing the societal and environmental challenges that pose substantial risks to the future existence of business.
How RFID Can Support Businesses’ Sustainability Goals
Despite the many myths surrounding RFID technology, it can be a powerful tool for organisations and businesses to attain sustainability. For instance, it can minimise the need for paper receipts and labels, thereby helping to reduce waste and save resources. In addition, RFID technology can help to monitor the humidity and temperature of perishable goods, which prevents spoilage and food waste. This is specifically important in the food and beverage industry, wherein poor food waste management is a common problem in many countries.
With the use of RFID, businesses can also track and identify the quality and origin of raw materials and products, which help to ensure ethical sourcing and fair trade. It can likewise enable circular economy models, such as repair, recycle, and reuse, by providing accurate and detailed information on the condition and lifecycle of items. Lastly, RFID can boost energy efficiency and reduce carbon footprint by optimising logistics, shipping, and warehouse operations.
RFID System Optimisation
To maximise the advantage of RFID for sustainability, it is necessary for businesses to optimise their RFID inventory and asset tracking system according to their specific objectives and needs. When doing so, companies need to ensure that they choose the right RFID readers and tags for their application, taking into consideration different factors like durability, memory, frequency, and range.
Additionally, businesses must test their chosen RFID systems prior to deployment to guarantee their performance and reliability in different scenarios and environments. Moreover, they should monitor and evaluate their RFID data, as it can help them determine trends, patterns, and opportunities for improvement. For improved functionality and security, experts recommended companies integrate their RFID systems with other innovative technologies, such as cloud computing, blockchain, and artificial intelligence.
As the world faces increasing and worsening environmental challenges, it has become quite necessary for businesses to adopt sustainability initiatives in their operations, such as investing in eco-friendly technologies like RFID. Businesses that use RFID can benefit from cost savings since the technology enables the conversation of materials and reduction of energy and water use. But more importantly, with RFID, companies can ultimately boost their public image while reducing their environmental liability at the same time.