RFID in Retail Editor's Notes
Viewing Articles: 51-60 of 201
It was a tough year for every industry, so it's no surprise there was both good and bad news for the RFID sector.
Embedding a transponder in products—particularly consumer electronics—delivers more value with no business process change, and the incremental cost is almost insignificant.
Achieving total business visibility will require a suite of technologies, but RFID will do the lion's share of the work.
Several presenters at RFID Journal LIVE! Europe 2009 made it clear that if you don't train people to use a new RFID system, you won't achieve the full benefits the technology was designed to deliver.
When it comes to adopting RFID, European companies are clearly out in front—and businesses elsewhere in the world would do well to take note.
One reason more companies aren't adopting RFID as quickly as possible is that they have no idea just how inefficient they really are.
The technology alerts unskilled workers when routine tasks need to be performed, and also enables managers to confirm they've been completed properly.
The technology can be used to populate a customized Web page with data, enabling customers to see their interactions with an entertainment establishment, fitness company or retailer.
Many CEOs are skeptical, but here's why retailers have used the technology to achieve an increase in profit of 5 percent or more.
Rather than asking end users to believe the technology will deliver value, the RFID industry needs to provide data enabling them to quantify the benefits.