Sector: Manufacturing Savings: $1 million-plus Submitted by Emerson & Cuming While the retail sector continues to gain most of the notoriety when it comes to RFID, the technology is being used in manufacturing facilities all over the globe. The latest focus is on Kanban and just-in-time production systems. By deploying RFID, manufacturer Bosch has estimated [...]
More than a quarter-million concertgoers will wear RFID-enabled wrist bands when Canada’s largest blues festival takes place from July 4-15. By adopting RFID cashless payment and access control technology, music fans attending the RBC Royal Bank Bluesfest will be able to use their RFID wristband to pay for food, drink and other goods during the [...]
Sector: Retail Distribution Savings: $2.2 Million Submitted by Intermec Mission Foods, the maker of tortillas, chips, salsa and taco shells, is in the final stages of rolling out RFID to all of its North America distribution centers to provide better inventory accuracy and better efficiencies when it comes to tracking the returnable plastic containers (RPC) [...]
Xerafy Ltd, a global provider of rugged passive RFID tags, has secured $5 million in Series A funding from Shanghai-based IPV Capital to accelerate growth and business expansion. The two-year-old company will use the cash infusion to penetrate new markets, expand its offering of on-metal tags, and ramp up its new manufacturing plant in Nantong, China. [...]
Sector: Aerospace & Defense Savings: ($2M-plus) Submitted by Intermec The U.S. Navy is using RFID in several ways, including monitoring the pack-up-kits, or PUKs, that are deployed each time a Navy aviation squadron is deployed. Each PUK contains 500-600 replacement parts worth more than $10 million. Using RFID has helped the Navy to gain better [...]
Sector: Aerospace & Defense Savings: ($10M-plus) Submitted by ODIN RFID Last March, NATO issued a contract to ODIN RFID to affix RFID tags to its fleet of SeaSparrow missiles, with a goal of reducing maintenance on the units. In January, the first RFID-enabled missile left the manufacturing facility en route to an undisclosed port destination. [...]
This week’s issue of RFID 24-7 looks at the loss prevention benefits retailers are gaining from deploying RFID. We’ve posted our lead story here, in the event you missed yesterday’s issue. When retailers build a business case for deploying RFID, they often start with the improved inventory accuracy that the technology can deliver. “We were [...]
Sector: Trash & Recycling Savings: $1M Today’s entry in the RFID $1M-a-Day Challenge comes from the trash sector, where recycling efforts in Cincinnati and Dayton, Ohio have combined to save over $1 million. Cincinnati’s RFID-based recycling solution has saved the city nearly $1 million in labor and waste disposal costs over the past two years, [...]
It’s the time of year when research analysts update their growth projections for RFID technology. ABI Research came out with its market forecast earlier this week, calling for a total market value in excess of $70 billion by 2015. RFID chip manufacturer NXP has also released some interesting research on what it considers to be [...]
Sector: Finance Savings: $10-25M (estimate over 5 years) Submitted by RFID Global Solution Bank of America is savings upwards of $20 million from an RFID deployment to track more than 100,000 IT assets at 25 data centers in the U.S. and the United Kingdom. BoA estimates that tagging items like servers, blades and other IT [...]