Business Challenges

The case for manufacturing efficiency has never been more important than it is today. Manufacturers are faced with globalization, increased competition and other economic pressures and must continuously look to drive “people” costs down, increase asset utilization and reduce material costs, while at the same time address customers who are demanding faster delivery, better customer service and customized products. Today’s manufacturers are looking to RFID to address many of these challenges.

According to AMR Research1, early adopters of RFID could cut supply chain costs by 3-5% and achieve a 2-7% increase in revenue thanks to the better inventory visibility that RFID provides. RFID can impact the entire manufacturing process from receiving raw goods to transferring or shipping finished products by improving inventory visibility to feed just-in-time systems, allowing manufacturers to make faster, better and smarter decisions.