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"Smart Box" RFID Shipping Tech Yields Significant Savings
According to a recent report from A.T. Kearney, RFID placed on over-ocean shipping containers can afford significant cost savings when combined with a tracking network.
Jan 31, 2005—This article was originally published by RFID Update.
January 31, 2005—Consulting giant A.T. Kearney was commissioned by RFID solutions supplier Savi Technology to produce a report examining the potential economic benefits of "smart box" technology, the RFID-based system used to speed the passage of shipments coming from overseas through U.S. Customs. According to the report, such systems cannot only provide homeland security benefits, which is the foremost goal, they can also afford importers and exporters significant cost savings when combined with a tracking network. Said A.T. Kearney's Omar Hijazi, "Based on a number of potential benefits, we calculated that users could realize net benefits averaging $1,200 per container shipment." Benefits include the usual suspects, such as decreased shrinkage and out-of-stocks.
Savi issued a press release
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