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/ RESERVE BANK OF INDIA / ESTATE DEPARTMENT / CHENNAI 600001(Tender Document)Radio Frequency IDentification (RFID) based Fixed Asset Management Solution (FAMS) for its various inventory items installed
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Radio Frequency Identification (RFID) is a technology that uses electromagnetic fields to automatically identify and track tags attached to objects. The tags contain stored information that can be read by RFID readers.
Organizations and businesses that utilize RFID technology for tracking inventory, assets, or for compliance with regulations may be required to file information regarding their RFID usage.
To fill out RFID documentation, individuals or organizations must follow the guidelines provided by the governing body, which typically includes entering details about the RFID systems in use, the types of tags, and their applications.
The purpose of RFID is to enhance the efficiency of inventory management, improve supply chain visibility, and automate data collection processes for various applications, including logistics, retail, and asset tracking.
Information that must be reported typically includes the type of RFID technology being used, the purpose of its use, the quantity of tags in circulation, and relevant data about the systems employed.
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