Reports: RFID ripe for supply chain
RFID, or radio frequency identification, has gained ascendancy in the corporate world more by fiat than through efforts to persuade suppliers that the technology could deliver internal returns - at least, in the beginning. With the requirement to deploy it or lose contracts handed down by such entities as Wal-Mart and the Department of Defense, partners scrambled to comply.
To be sure, there was always the tantalising prospect that tracking pallets and containers would lead to a massive return on investment. However, it wasn't until very recently that the ROI promise appeared likely to materialise.
Two separate reports suggest that wider adoption of RFID in the supply chain may be on hand.