RFID in Review: Organizing Assets, Maximizing Profits

Every year, RFID technology expands into new business sectors with new applications. No matter what kind of assets your business manages, RFID delivers valuable benefits – asset locating, loss reduction, supply management, and brand authentication.

Here’s a recap of our top RFID stories from this year.

•   The Mayo Clinic is home to some of the world’s best researchers, trained to collected and analyze data. When they turned their data science to the analysis of their hospital’s RFID system, they found an ROI that would make any accountant smile.
•   The Internet of Things (IOT) delivers essential information to business managers –  operations, assets, resources, and clients. RFID links so-called “dumb” devices to the IOT, enhancing the quantity and quality of management data.
• Employees are any enterprise’s greatest asset. RFID’s tracking capabilities can determine efficient task positions and routes, but more important, it keeps workers safe through proximity monitoring and disaster mustering.
•   Manufacturing of every type requires a steady supply of materials. Retail requires a steady supply of finished goods. RFID monitors supplies to help managers and owners avoid low inventory and out-of-stocks.
• Counterfeits damage your brand in two ways: lost sales and lost reputation. Combat the fakes with RFID technology through the supply chain.

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