A survey by supply chain association e.centre shows that despite a belief in RFID’s benefits, few U.K. companies plan to implement the technology this year.
Achieving the benefits of RFID technology in the global supply chain could hinge on whether two competing protocols can be merged into a single system.
The promise of a 5-cent tag has many manufacturers and retailers dreaming of a truly automated supply chain. But can it really be achieved? And if so, how long will it take until you can actually buy one? RFID Journal reports.
The author of a new report sees the RFID market for the retail supply chain growing to $1.3 billion in 2008, and then declining before the real growth starts.
RFID and other high-tech seals have the potential to secure supply chain assets. But a Los Alamos National Laboratory study found that it’s important not to mix up inventory and security functions.