BAYER
28 readings that provide a huge increase in accuracy , speed and productivity compared to barcode readings .
Using this relatively cheap method , billions of items can be accurately tracked during all parts of the logistics process , thus granting customers peace of mind through enhanced transparency which illustrates every step of their distributive journey throughout LSP warehouses , carriers ’ hubs and subsidiaries , up to destination .
Moreover , RFID technology can provide value to companies thanks to its diverse applicability , from Brand Protection to production control and Industry 4.0 applications , asset management , hospital processes optimisation and many others . However , despite the fantastic opportunities that RFID technology presents to supply chains , very few industries have been proactive in integrating it ; Palumbo notes that retail , airlines and convenience stores could all benefit from the cost-saving and enhanced stock control implications , yet single-digit percentages of companies opt to do so .
AUGUST 2020