RFID Helps Manage Hospital and Pharmacy Inventories, Business and Industry Trends Analysis

RFID (radio frequency identification) is a huge breakthrough in hospital inventory management.  RFID systems are based on the placement of microchips in product packaging.  These chips, continuously broadcasting product identification data, are used with special sensors in handheld devices or on shelves that alert a central inventory management system about product usage and the need to restock inventory.  From loading docks to stockroom shelves to the hospital floor, radio frequency readers wirelessly track the movement of each and every item, replacing bar codes.  These systems lead to fewer out-of-stock situations and the elimination of costly manual inventory counts.   SPOTLIGHT: …

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