How RFID tagging is revolutionizing the Jewellery Industry

"Change is the only constant," as the saying goes, is the best way to describe evolving technologies. Tracking and scanning technology has undergone a tidal wave of change, much like email has replaced pigeons for message delivery. The antiquated barcode scanning system has been supplanted by faster and more accurate RFID technology.

RFID, or Radio Frequency Identification, is a wireless communication method that uses radio waves to identify and track objects. RFID, one of the most widely used and versatile technologies, is now used in a wide range of industries, including retail, healthcare, aerospace, and banking, to name a few. DoFort is a pioneer in the provision of RFID solutions to the Gems and Jewellery industry. DoFort is the brand you can rely on, from developing specialized RFID for diamond packets to deploying composite RFID jewellery tracking systems across chains of branded jewellery stores. RFID is preferred over barcode scanning in the jewellery industry for a variety of reasons. Some of the reasons for this include its high throughput rate, redundancy of line-of-sight technology, lower human capital investment, improved durability, security, and accuracy, and so on.

DoFort is the brand you can rely on, from developing specialized RFID for diamond packets to deploying composite RFID jewellery tracking systems across chains of branded jewellery stores. RFID is preferred over barcode scanning in the jewellery industry for a variety of reasons. Some of the reasons for this include its high throughput rate, redundancy of line-of-sight technology, lower human capital investment, improved durability, security, and accuracy, and so on.

DoFort jewellery software includes an RFID-enabled billing system that allows the product to be easily scanned and allows you to manage gold, silver, and diamond stock effectively. The system acts as an extended security arm, allowing accurate identification and monitoring of all jewellery items within the specified premises.

Jewellers all over the world deal with extremely expensive and often very small products, ranging from tiny diamonds to wristwatches, rings, earrings, pendants, cufflinks, and so on. Furthermore, the materials are diverse and costly, such as gold or platinum, as well as valuable gems. The value of used design and brand is also reflected in their pricing. As a result, various security systems and insurance companies are involved in this business line, which necessitates a very detailed justification of inventories and security with detailed reports. RFID tagging has been extremely beneficial in this regard thus far; you can even trace inventory using the RFID tagging feature.

In relation to what I've said above, RFID tagging is a critical component for the smooth operation of all the processes involved in various departments. When it comes to jewellery, manually counting the pieces with barcodes is a laborious and time-consuming task. As a result, using RFID as jewellery tagging software has resulted in an improvement and cost savings. The use of RFID technology brings a significant benefit to the jewellery industry that was previously lost during working hours, losses, and thefts.

Ensuring RFID tagging for jewellery provides an end-to-end solution from initial inventory to final sale. Using the available option, each item is labeled with an RFID tag, from which the inventory is fed information via readers located at various strategic points throughout the store. RFID activates the alarms if items in the inventory are not tagged. Isn't that what you'd like in a jewellery tagging system? RFID tagging makes the difficult task of item traceability, which requires a high level of security, easier; accounting and control are carried out more quickly and precisely with this system. RFID technology in jewellery software improves productivity and working conditions.

RFID tagging's advantages for the jewellery industry

This type of inventory tracking in your jewellery management software can result in misplacement, loss, or theft. In a high-value industry like this one, even a minor issue or loss each quarter can be costly, resulting in thousands of dollars in shrinkage that affects the bottom line. Manual stock counting also wastes a significant amount of time, reducing efficiency and productivity.

This is where RFID tagging can help you revolutionize your jewellery business by allowing you to track inventory quickly and accurately. Jewelry businesses that use RFID tagging benefit from drastic reductions in labor costs and shrinkage, which can result in a rapid recovery of the initial system deployment cost. Few companies have designed and developed jewellery inventory software, which includes tags, readers, and software for monitoring gems and jewellery and automating the inventory process.

Conclusion

DoFort provides adaptable solutions that can be tailored to your specific needs. It can be used as a stand-alone RFID jewellery tracking system or as a device-agnostic middleware for your robust ERP system.