What can Radio Frequency Identification (RFID) do for your business?
From manufacturing facilities to vehicles, to airport compounds, store shelves and toll booths, RFID technology is steadily (and inevitably) transforming how the world does business.
RFID capabilities find broad application cutting across multiple business process areas:
Manufacturing | Health Care | Security & Access Control | New Applications
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As RFID systems roll out worldwide, companies in places like Germany, the United Kingdom, Australia and New Zealand are seeing the benefits—realizing nearly immediate return on investment using relatively easy implementations like closed-loop inventory systems and reusable tags. Because these applications don't require extensive partner cooperation, they can be put into operation quickly. And because they monitor transport containers like rolling cages and plastic bins rather than individual boxes, it helps companies begin to realize the benefits of RFID without having to implement full-blown tagging and tracking processes.
But there are still significant hurdles that companies need to overcome before they can reap the benefits of RFID. Industries and government agencies in the Middle East and worldwide need to agree on standards, the technological infrastructure needs to be rolled out, the price of the technology needs to come down (which will happen as it becomes more widespread) and companies need to combine the technology with process change, which unlocks the value that drives return on investment. But when it's ready for business, RFID won't just work in the warehouse. It will have a presence throughout the enterprise—one that will keep growing as innovative companies work to find new applications and new benefits from this versatile technology.
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