Unchaining the Value of RFID for Unmatched Flexibility and Fast ROI
Businesses in a wide range of industries are realizing significant benefits from radio frequency identification (RFID) technologies. Explore our white paper to learn how companies are unchaining the value of RFID technology from supply chain projects to improve overall tracking and control throughout the enterprise.
in the NewsState of Logistics 2016: Pursue mutual benefit ATA and Cass data continue to point to signs of confusion for the freight economy AAR reports more declines for week ending October 8 Dairy industry leader builds on mobile racking system success Fast Deliveries to Grow by 40 percent Year-on-Year Until 2025, Says New Study More News
Businesses in a wide range of industries are realizing significant benefits from radio frequency identification (RFID) technologies. The return on investment (ROI) for RFID comes from reducing the time and labor required to track assets and materials, decreased losses and theft, improved maintenance operations, and streamlined efficiency through better asset availability and utilization. Many of these benefits occur in applications that do not directly require participation from suppliers and customers, and reside outside the external supply chain.
In fact, businesses are more likely to implement RFID and real-time location systems (RTLS) to track assets and improve security than for compliance or supply chain applications. Asset tracking is one of the leading RFID applications. This is because the process improvement delivers some of the clearest benefits and fastest ROI. Businesses can realistically expect full ROI for RFID-based processes in 30 months, and sometimes as low as 18months, according to an Aberdeen Research study.
Subscribe to Modern Materials Handling Magazine!Subscribe today. It's FREE!
Find out what the world’s most innovative companies are doing to improve productivity in their plants and distribution centers.
Start your FREE subscription today!
System Report: Brownells new DC is flexible and responsive Pallet Usage Report: Pallets Remain Critical in the Modern-Day Warehouse View More From this Issue