RFID unlocks supply chain potential

From Innovations Report: “Radio Frequency Identification (RFID) promises to revolutionise stock management, but few applications exist so far. Now, European researchers are perfecting a platform to unlock the potential of RFID. Radio Frequency Identification (RFID) promises to revolutionise retailing through advanced stock management, sophisticated promotions and supply chain optimisation. But cost-effective solutions have proved elusive because serious technical and business hurdles exist. Few efforts have addressed the problems in a consistent way. The EU-funded SMART project is putting the finishing touches to a complete RFID application platform that addresses the technical problems, and presents options for an integrated solution to the business issues.” RFID unlocks supply chain potential

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