How RFID Can Help Manufacturers Thrive in Recessionary Times
With every economic crisis comes opportunity. A well-scrutinized RFID project has the potential to yield a strong return on investment.
The global economic downturn has manufacturers and distributors facing unprecedented pressure to lower costs, increase asset utilization and reduce inventories, while simultaneously responding to new customer demands. According to IT research and advisory firm Gartner, "supply chain management (SCM) professionals feel more pressure to focus efforts and investments on initiatives aimed at reducing costs and improving customer service. With the global economic problems, SCM applications will remain a source of needed investment."
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