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New standards for tracking returnable transport items will allow companies to achieve internal and supply chain benefits.
The core of the guideline is a description of 36 "to-be" processes, designed to help all companies within the supply chain—RTI manufacturers, RTI owner/pool operators, businesses shipping and receiving RTIs, and RTI carriers—manage these assets more efficiently. The processes include procurement of new and existing RTIs, ordering and delivery of goods using RTIs, and return of RTIs.
The guideline also documents significant business benefits that can be achieved by using standards to manage RTIs, and allows companies to calculate their potential savings. In addition to reducing the number of transport items that go astray and production downtime due to those missing items, benefits include a decrease in administrative costs on receipt of goods and a reduction in expenses in the search for RTIs. Companies that implement standards to manage RTIs can expect a fast return on investment, possibly within several months.
In addition, the guideline demonstrates how to implement these standards, and shows which standards relate to each function, for companies considering a modular implementation.
Stephane Pique is an RFID business consultant to global companies. He works for GS1 Switzerland, and is co-founder and managing director EMEA of the International RFID Business Association.
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