What does RFID have to do with the price of gas?

While they might seem completely unrelated, Mark Roberti, founder and editor of RFID Journal, points out that RFID implementation can help offset or reduce the amount of gasoline that companies and consumers require – cutting costs at a time when gas is predicted to reach $200 per barrel.

Companies must be efficient to remain competitive, given the rise in costs for producing and shipping goods. Costs need to be cut across their operations, including manufacturing and distribution processes. While producing more energy efficient products is good for business, it is not enough in itself to create sustainability in this market, he explains.

The following examples were used to demonstrate a few ways RFID can save fuel:

• Ensuring correct goods reach the correct store, thereby reducing truck trips
• Ensuring proper raw materials are sent to the correct factory
• Ensuring perishables are used on a first-in, first-out basis, reducing waste
• Reducing manufacturer errors by tracking work-in-progress better
• RFID data from stores could facilitate more efficient production, storage and shipping of products, reducing waste in the process
• RFID together with GPS technology could determine the most efficient truck routes, saving fuel
• Enhanced tracking of inventory in stores, ensuring customers can find everything they want in fewer trips
  

To read Roberti’s article in its entirety, visit RFID Journal.

Could RFID help cut costs across your organization?

Dynamic Computer is a great source for RFID information and can help you evaluate how RFID could enhance your operation. We provide comprehensive and customized RFID solutions from concept, through testing, to implementation!

Visit the Dynamic Computer Corporation Web site or call 248-473-2200. We offer an RFID Demo tour where you can experience the technology in action! You can visit us and request a tour of our facility at 23400 Industrial Park Court, Farmington Hills, MI 48335.