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Ensuring RFID's Bottom Line Payoff

RFID's capabiltiy to drive business process improvement, increase supply chain efficiency and ultimately improve bottom line results...
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FILED IN:  Machinery  > Labeling  > RFID
     
Whether a business leapt at the opportunity to become one of the first suppliers with RFID tagged products or now finds itself currently being mandated to employ the technology, the implementation costs and the potential rewards are the same.

To maximize the benefits of RFID, it is critical to view its capability to drive business process improvement, increase supply chain efficiency and ultimately improve bottom line results. From this perspective, the up front capital costs for hardware, engineering consulting costs, opportunity costs, ongoing cost of tags and, in a manual environment,
labor associated with the RFID tagging of products are deemed a necessary investment.

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