With the right database design and the use of GPS and RFID tagging any company can keep track of their inventory, anywhere, anytime, regardless of the inventories ability to “move”. Large farms are making use of the technology to keep track of cattle, without having to “beat the bushes”.
Whether your company is large or small, no matter what kind of inventory you have, with today’s technology, you can improve on the way that you do business. If you are still using yesterday’s techniques, then you are making yesterday’s profits.
The initial investment may seem difficult to justify until you start to think about the benefits. Those benefits may include being able to work faster, the need for fewer employees, lower payroll, less error, more accurate inventories and better reporting for stockholder meetings.
The benefits for an individual company could depend on the type of business they conduct. The new-age cattle branding mentioned above is just one example. Your company might own a fleet of delivery vans or moving trucks. How do you keep track of them?
With the right database, not only can you keep track of the vehicles, you can also ensure that they are well-maintained. Some of the latest devices will allow a mechanic to plug in and pull out all kinds of information, including the oil life and tire pressures.
If your company owns a fleet, you probably realize that regular maintenance lowers gas usage and repair costs. But, keeping up with all of those vehicle maintenance records is a full time job, unless you make use of the latest technology.
The price of GPS and RFID technology has continued to decrease, as time has gone by. In 2003, the tags could be purchased for less than 10 cents each, when ordered in bulk. In 2009, one of the major manufacturers announced that they could be produced for even less. When you consider the cost of the items these tags may be attached to, you realize that it is well worth the investment.
GPS and RFID tags can now be mounted on metals, plastics or any other building materials. This has improved their versatility. With the right database, the technology can be used to keep track of integrated circuits and for other IT uses.
GPS and RFID can also be used to keep track of pallets during shipping. Because of the low per-unit cost, it is feasible to use the devices for better tracking, without raising your customer’s prices.
If it does become necessary to raise prices, it can be easily explained by listing the benefits for your customer. An accurate list of your customers should already be a part of your database. Contacting them should be a simple.
Tom Gruich promotes profitable interests. For more business opportunities in software and database design and for some of the better money-making affiliate markets, visit A Cornucopia of Articles and Videos or the Smart Database website at => http://www.adaptcode.com