NAICS Code 423690-01 - Radio Frequency Identification Distr (Wholesale)

Marketing Level - NAICS 8-Digit

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NAICS Code 423690-01 Description (8-Digit)

Radio Frequency Identification Distr (Wholesale) is a subdivision of the NAICS Code 423690 that involves the distribution of radio frequency identification (RFID) products. RFID is a technology that uses radio waves to identify and track objects. This industry is responsible for the wholesale distribution of RFID tags, readers, antennas, and other related products.

Hierarchy Navigation for NAICS Code 423690-01

Tools

Tools commonly used in the Radio Frequency Identification Distr (Wholesale) industry for day-to-day tasks and operations.

  • RFID tags
  • RFID readers
  • RFID antennas
  • RFID printers
  • RFID software
  • RFID middleware
  • RFID sensors
  • RFID transponders
  • RFID labels
  • RFID wristbands

Industry Examples of Radio Frequency Identification Distr (Wholesale)

Common products and services typical of NAICS Code 423690-01, illustrating the main business activities and contributions to the market.

  • RFID inventory management
  • RFID asset tracking
  • RFID supply chain management
  • RFID access control
  • RFID livestock tracking
  • RFID vehicle tracking
  • RFID document tracking
  • RFID retail inventory management
  • RFID warehouse management
  • RFID healthcare tracking

Certifications, Compliance and Licenses for NAICS Code 423690-01 - Radio Frequency Identification Distr (Wholesale)

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

  • FCC Part 15 Certification: This certification is required for all electronic devices that emit radio frequency energy and are sold in the US. It ensures that the device meets the FCC's technical standards and does not interfere with other electronic devices. The certification is provided by the Federal Communications Commission (FCC).
  • ISO 18000-6C Certification: This certification is specific to the RFID industry and ensures that the RFID tags and readers meet the international standard for RFID technology. It is provided by the International Organization for Standardization (ISO).
  • Epcglobal Certification: This certification is specific to the Electronic Product Code (EPC) technology used in RFID tags and readers. It ensures that the devices meet the EPCglobal standards for interoperability and data sharing. The certification is provided by EPCglobal, a subsidiary of GS1, a global standards organization.
  • UL Certification: This certification is required for electronic devices that are sold in the US and ensures that the device meets safety standards set by Underwriters Laboratories (UL). It is not specific to the RFID industry but is required for all electronic devices.
  • Rohs Compliance: This regulation restricts the use of certain hazardous substances in electronic devices sold in the EU and other countries. It is not specific to the RFID industry but is relevant for all electronic devices sold internationally.

History

A concise historical narrative of NAICS Code 423690-01 covering global milestones and recent developments within the United States.

  • The Radio Frequency Identification (RFID) technology was first developed during World War II to identify friendly aircraft. In the 1970s, the technology was used to track livestock and other animals. The first commercial application of RFID was in the 1980s when it was used to track railroad cars. In the 1990s, RFID was used in the automotive industry to track parts and in the retail industry to track inventory. In recent years, RFID has been used in various industries, including healthcare, logistics, and supply chain management. In the United States, the RFID industry has seen significant growth in recent years due to the increasing demand for inventory management and supply chain optimization solutions.

Future Outlook for Radio Frequency Identification Distr (Wholesale)

The anticipated future trajectory of the NAICS 423690-01 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Growing

    The Radio Frequency Identification Distribution industry is expected to grow in the coming years due to the increasing demand for RFID technology in various sectors such as healthcare, retail, and logistics. The healthcare sector is expected to be a major driver of growth as RFID technology is increasingly being used to track medical equipment and supplies, as well as to improve patient safety. The retail sector is also expected to drive growth as RFID technology is being used to improve inventory management and reduce theft. The logistics sector is expected to benefit from RFID technology as it can help improve supply chain visibility and reduce costs. Overall, the industry is expected to continue to grow as more businesses adopt RFID technology to improve their operations.

Industry Innovations for NAICS Code 423690-01

Recent groundbreaking advancements and milestones in the Radio Frequency Identification Distr (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.

  • RFID Tags with Sensors: These tags can monitor temperature, humidity, and other environmental factors, making them useful for tracking perishable goods during transportation.
  • RFID-Enabled Smart Shelves: These shelves can detect when a product is running low and automatically reorder it, reducing the need for manual inventory management.
  • RFID-Enabled Payment Systems: These systems allow customers to pay for items without having to go through a checkout process, reducing wait times and improving the shopping experience.
  • RFID-Enabled Asset Tracking: This technology can be used to track high-value assets such as medical equipment, reducing the risk of loss or theft.
  • RFID-Enabled Supply Chain Management: RFID technology can be used to track products as they move through the supply chain, improving visibility and reducing costs.
  • RFID-Enabled Security Systems: RFID technology can be used to improve security by tracking the movement of people and assets within a facility.
  • RFID-Enabled Waste Management: RFID technology can be used to track waste as it is generated and disposed of, improving efficiency and reducing costs.
  • RFID-Enabled Inventory Management: RFID technology can be used to track inventory in real-time, reducing the need for manual inventory checks and improving accuracy.
  • RFID-Enabled Customer Engagement: RFID technology can be used to provide customers with personalized experiences, such as targeted promotions and recommendations.
  • RFID-Enabled Asset Maintenance: RFID technology can be used to track the maintenance history of assets, ensuring that they are properly maintained and reducing the risk of breakdowns.

NAICS Code 423690-01 - Radio Frequency Identification Distr (Wholesale)

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