BENEFITS

Today, RFID is already having a significant impact on many businesses.

RFID can deliver benefits in many areas from tracking work in progress to speeding up throughput in a warehouse. As the technology becomes standardized it will be used more and more to track goods in the supply chain. The aim is to reduce administrative error, labor costs associated with scanning bar codes, internal theft, errors in shipping goods and overall inventory levels, increased sales and guarantee traceability.

Many large firms and government instances are mandating key suppliers to join global implementations of RFID technology. There are also opportunities for companies to discover new uses and applications to their benefit. All businesses can benefit from RFID technology. The question is how? These are some of the answers are faculty comes up with.