The retail industry continues to embrace RFID technology. Sales gains, operational efficiencies and a reduction in shrink have been well documented, and 2012 is expected to be a breakthrough year as major retailers cue up the technology for deployment. RFID in retail is expected to become ubiquitous within 12 to 36 months. As Macy’s Chief [...]
As RFID-enabled credit cards become more common, so do concerns about skimming, a process that allows unauthorized users to gain access to cards, often by scanning the card with a portable handheld reader. A University of Pittsburgh researcher thinks he has a solution to the problem. Marlin Mickle, a professor of engineering and executive director [...]
The food business is one industry that provides huge potential for the demonstration of return on investment for RFID technologies by providing authentication of the origin of food or by reducing waste and optimizing logistics costs, or by increasing quality of goods to the consumer.
Big insurers are banking on the benefits of RFID technology to open new markets in the insurance industry. Better yet, efficiency gains and reduced supply chain risks from deploying RFID could lead to cheaper insurance premiums for those that deploy the technology, bettering ROI’s that are already soaring. At a recent RFID and food safety [...]
The recent news about potentially unsafe levels of arsenic in fruit juices has reignited the focus on food safety and monitoring the food supply chain. Tonight, MIT will host a very timely seminar on RFID and food safety. The RFID SIG event, “RFID Protects the Food Chain,” will be held at MIT’s Stata Center beginning [...]
The U.S. continues to lag when it comes to food safety and RFID, but that isn’t preventing a strong global market from developing for the use of the technology for food traceability and to prevent illnesses. In a new report published by IDTechEx, a technology vendor is quoted as saying that “the USA has, if [...]
RFID is becoming more and more of a common solution when it comes to tracking and managing large amounts of cash. Imagine how beneficial the technology would be to firms like Wells Fargo that truck money around all day. And while retailers love RFID because of the increased supply chain visibility it provides, retailers like [...]
RFID is becoming more and more of a common solution when it comes to tracking and managing large amounts of cash. Imagine how beneficial the technology would be to firms like Wells Fargo that truck money around all day. And while retailers love RFID because of the increased supply chain visibility it provides, retailers like [...]
Yesterday we addressed the rollout of RFID-enabled ticketing at Disney World. Today, RFID access control and cashless payment systems provider Intellitix says it activated more than one million RFID-enabled wrist bands at concerts in North America this summer. Concert sites included Coachella, Bonnaroo, Lollapalooza, Outside Lands, Austin City Limits, Electric Zoo, Moogfest and Le Festival [...]
Consumer sentiment is changing rapidly when it comes to RFID technology and the “big brother is watching” reputation the technology once carried. At last week’s RFID Forum at the University of Arkansas there was little discussion about privacy issues and negative feedback from customers as retailers roll out item level tagging en masse. The VICS [...]