Benefits of RFID for Equipment Dealers
RFID (radio frequency identification) has been used in supply chain applications since the 1990’s, but many equipment dealerships are still not using the technology to its full potential. Businesses have used this technology to improve the speed and efficiency of their inventory management processes. This eliminates the need to manually count each part in the warehouse or each piece of equipment on the yard.
Equipment dealerships can use RFID to track the equipment in their inventory and use it to order new machines to replenish inventory. Rental departments can use it to track when equipment enters and exits the yard. Service departments can track the parts in their inventory and order replacements based on the data. This data can be used to maintain a spreadsheet to track items in the inventory. However, the most sophisticated usage of this technology is to integrate it with an ERP system, such as e-Emphasys’ Dealer Management Platform.
With an ERP platform, such as e-Emphasys, users can see updates to the inventory in real time. This eliminates the need to manually update a spreadsheet, taking time away from your business if updated throughout the day, or leading to gaps in communication if updated manually at the end of the day only. Additionally, with our eInspection mobile application, key users can receive notifications when RFID tagged equipment enters and exits the yard. eInspection facilitates the automation of equipment check in, check out and inspection processes within rental departments. Within the platform, users can view past information about the equipment, including past check-ins, inspections, check-outs, and any pictures taken to document changes to the equipment’s condition or status.
The real-time updates provided within the platform, facilitated through RFID, reduce downtime between equipment rentals and increase the productivity of sales and rental staff, providing an optimized experience to your customers and improving your bottom line. With the Integrated Document Management Capabilities, you and your team can view all of the images and reports in real time, helping you go paperless. Additionally, with the digital signature capabilities, your customers save time during the check-in and check-out process, increasing satisfaction levels and productivity.
