Today's new economic environment is increasingly more
volatile, complex and structurally different than in years past,
and in few places is this more apparent than in the movement
of goods and services.
Today's highly efficient closed loop systems are only the beginning of the coming rfid-driven transformation of transportation and logistics visibility and management.
Real-time locations systems (RTLS) are increasingly being deployed in companies with revenues of $200m or more across all regions and vertical markets, according to 2012 research by VDC Research Group.
Electronics manufacturer Jabil has been applying radio frequency identification tags to some of the printed circuit boards assemblies (PCBAs) that it manufactures for Cisco Systems. As a result, according to B.J. Favaro, Cisco Systems' supply chain manager, and Bill Hajje, Jabil's global process manager, the firm has improved the efficiency of its production process by approximately 80 percent, benefiting both companies.
For owners and managers of commercial truck fleets, real-time information on vehicle and driver performance not only helps manage operations and reduce costs, but also ensures compliance with new safety regulations, says Bobby Miller, vice president of product strategy and industry relations at Ortec.
Software AG has introduced iKnow, a visibility product for managing the order-to-cash process. According to the vendor, the new tool provides users with the knowledge and context needed to detect and diagnose supply-chain anomalies in real time.
Customers trying on clothing at Australian fashion retailer Cotton On can listen to music specifically chosen to suit the style of a particular garment, following the introduction of radio frequency identification technology at one of its Queensland stores.