Even though the technology has been around in some form since World War II, chances are that you think of Wal-Mart’s supply chain initiative when you hear the words “radio frequency identification,” or “RFID.” Wal-Mart is already seeing a return on their 2005 investment. But does RFID technology make as much sense for asset management as for supply chain management?
cost of active rfid reader
sometimes underestimate how the cost of purchasing, maintaining, and disposing of assets can affect the bottom line. Engineering directors, IT managers, and maintenance personnel understand the impact, but they typically have had ineffective tools ' time-consuming, error-prone manual systems and spreadsheets ' that prevent easily and quickly tracking, measuring, and reporting on the status and performance of these assets. For manufacturers alone, according to ARC Advisory Group, just improving asset