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 [...]
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 [...]
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As fuel costs continue to rise, transporting perishable food items becomes more expensive. And as water supplies continue to diminish, growing crops becomes more challenging. Those are two reasons why it’s so important to address the food spoilage problems that plague the perishable foods cold supply chain, and one reason why President Obama recently signed [...]
H&M Bay, a third-party transporter of temperature-controlled freight, has deployed RFID technology at its cross-docking distribution center in Federalsburg, Md. H&M says the install has resulted in a 25 percent reduction in cross-docking labor, allowing workers to concentrate on fulfilling customer orders instead of repetitive warehouse tasks. H&M has realized faster truck loads and re-loads, [...]
The chief executive officer at iGPS is urging the U.S. Senate to mandate the latest tracking technology in legislation pending to overhaul the nation’s food safety law. Bob Moore, chairman & CEO of iGPS, says that cost-effective technology that allows products to be traced through the U.S. supply chain might have helped contain the spread [...]