An oil and gas company is installing a solution to locate personnel in the event of an emergency at its construction site in Newfoundland, Canada, using radio frequency identification technology provided by systems integrator Focus FS. The system consists of active RFID tags, readers, exciters and software from GuardRFID Solutions.
More than a dozen of the world's largest car makers have agreed on minimum human rights, environmental and business ethics standards for their global supply chains, according to the Automotive Industry Action Group (AIAG) in Michigan and CSR Europe in Brussels, which today jointly announced the "unprecedented agreement."
Several industrial linen companies in the United Kingdom and France are testing a new RFID tag that is literally woven into a textile or fabric product, which could hamper counterfeiters and thieves.
While the mobile channel grows in importance and revenue for merchants, so does their fear of fraudulent attacks and the realization that combating that risk requires specialized tools. Those are some of the key findings from the Second Annual Mobile Payments and Fraud Survey, available for free download at the Kount Inc. website.
Analyst Insight: In July 2013, Mary Driscoll of APQC had an interesting headline in the Harvard Business Review Blog — "Why are Companies Continually Getting Blind-sided by Risk?" Their risk management survey highlighted that 75 percent of respondents stated they were hit by at least one major supply chain disruption over the past two years. Another key finding: people at the front lines of business were hamstrung by lack of resources for visibility needed to adequately assess their supply chain risk. – Gregory L. Schlegel, Founder, The Supply Chain Risk Management Consortium, and Adjunct Professor, Supply Chain Risk Management, Lehigh University