RFID: Thinking Outside of the Supply Chain

from cio.com

Wal-Mart and other large retailers have been a major driving force behind radio frequency identification (RFID) adoption, causing it to be viewed merely as a more effective alternative to bar codes where it saves billions through reduced labor costs, out-of-stock expenses, theft, warehouse management costs and inventory levels. However, improvement in supply chain identification may only be the tip of the RFID iceberg—billions of dollars in the form of new business opportunities may lie beneath the waterline.

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