| INFORMATION |
| Published : |
Jan 29, 2007 |
| Length : |
2 |
| Type : |
Data Sheet |
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| Overview : |
RFID technology is facilitating a major innovation to supply chain management. From an article by John Lorinc in the December 2006 edition of the Globe & Mail Report on Business Magazine, "Every year, according to an expert cited by the Federal Trade Commission, American merchants lose as much as $300 billion (US) in revenues because they've lost track of goods somewhere on the journey between factory and store shelf."
Lost revenues are not the only concern in the supply chain. Improving the productivity in transporting goods and securing the source of goods are also of concern to professionals managing the supply chain.
Read how RFID technology delivers solutions to all these needs. |
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