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The Five Factors of Business Information: RFID and Manufacturing

The Five Factors of Business Information: RFID and Manufacturing

Manufacturing information systems (MISys), like all business information systems, deliver a wealth of data. Increasingly, RFID provides a significant amount of that data by interfacing with MISys processes.

It is said that information is power. “Information is power only if you can take action with it,” responds futurist Daniel Burrus. RFID enhances MISys data in these five essential ways, to make sense of the mass of information, and make the data actionable.

  1. Timeliness – data must be delivered quickly enough to make a decision on, and act on. RFID delivers data in real time.
  2. Presentation – data must be presented understandably, in a way that helps decision-making. RFID data is easy to read, and easy to export to other text-based or numerical-based reporting apps.
  3. Accuracy – inaccurate data isn’t just useless for decision-making, it’s downright dangerous. RFID data is more accurate than any other form of inventory tracking data.
  4. Context – data needs context in order to have meaning. RFID data gives context with what-where-identity-quantity information.
  5. Expectation – expected data confirms prior decisions; unexpected data short-circuits errors today and tomorrow. RFID data gives decision-makers feedback on a course of action, whether it reinforces an action or exposes a need for change.

RFID contributes actionable data in every stage of manufacturing, from materials procurement through product delivery:

  • Provenance – track the source and whereabouts of components and raw materials.
  • Production – measure quantities, build projections, forecast delays, and discover efficiencies.
  • Testing – pull substandard product using unique RFID identifiers, before shipping defective items.
  • Security – prevent unauthorized access and shrinkage.

RFID transforms manufacturing. It supports existing MISys data. It provides its own new, additional data. It makes information truly valuable. Can your manufacturing operations benefit from RFID? Talk to an RFID consultant to find out how.

 

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