RFID technology has been in use for many years, but is now finding a mass-market application in supply chain and asset management systems. RFID can provide information about raw materials, manufacturing conditions, distribution processes, and even demand as items move off the shelves.
Currently, the majority of focus is at the palette, or case-level, while individual RFID tagging is reserved for more expensive items. Some companies are even experimenting with RFID payments, adding "swipeless/signatureless" networked point-of-service terminals to help speed up purchases.
Businesses using RFID will require applications that can collect and manage massive data flows. It may be more cost-effective to build these elements into the network. Providers are offering assessment, design, implementation, and end-to-end managed RFID services.
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