Supply Chain
Manufacturers, retailers, logistics providers and government agencies are making unprecedented use of Auto-ID technology to track, secure and manage items from the time they are raw materials through the entire life of the product. Manufacturers can especially benefit from Auto-ID because the technology can make internal processes more efficient and improve supply chain responsiveness. For example, according to a study by AMR Research, early RFID adopters in the consumer goods industry reduced supply chain costs between 3 and 5 percent and grew revenue between 2 and 7 percent because of the added visibility RFID provided.
Many drivers have seen RFID in action at automated toll collection stations used at bridges and on roads. In business, Auto-ID will be commonly used to identify pallets, containers, vehicles, tools and other assets, monitor inventory, and route materials through production processes. Auto-ID can provide immediate and tangible benefits throughout the supply chain.
Organizations who take the time to understand the technology’s capabilities and limitations can increase their inventory visibility while streamlining their operations.
