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THE WORLD'S RFID AUTHORITY
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All manufacturers, but particularly midsize ones, are under pressure from low-cost producers. Consumers want cheaper products, so retailers, eager to comply, turn to overseas manufacturers. But RFID technology can help midsize manufacturers by automating many of the processes typically done by hand, such as inventory tracking and delivering parts to the assembly line.
RFID is not a panacea, and it won't magically enable companies to compete. Still, by using RFID to track work in process, improve supply-chain efficiencies and satisfy customer mandates, the technology can help midsize firms in the fight to stay competitive.
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1 Comment
RFID for Midsized Mfg's
Absolutely agree, Mark. I have communicated just this to my executive team that efficiencies gained domestically through the use of RFID technologies help to offset the drastic labor savings from our Asian counterparts. These savings in the product chain - from raw materials supplies through manufacturing to the "last mile" offset the import/export logistics headaches of conducting overseas business. It's also why its a strategic imperative that the US maintain leadership in the technology and the standards development processes. Because if the Asian countries also took the lead there and enabled their mfg/distribution chains to be absolutely efficient, there's NO WAY for the US to offset those advantages combined with the extreme labor savings.
Good comments.
Regards.
Damon
Posted By: Damon McDaniel 7/27/07 at 6:58 AM
Absolutely agree, Mark. I have communicated just this to my executive team that efficiencies gained domestically through the use of RFID technologies help to offset the drastic labor savings from our Asian counterparts. These savings in the product chain - from raw materials supplies through manufacturing to the "last mile" offset the import/export logistics headaches of conducting overseas business. It's also why its a strategic imperative that the US maintain leadership in the technology and the standards development processes. Because if the Asian countries also took the lead there and enabled their mfg/distribution chains to be absolutely efficient, there's NO WAY for the US to offset those advantages combined with the extreme labor savings.
Good comments.
Regards.
Damon
Posted By: Damon McDaniel 7/27/07 at 6:58 AM
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