RFID, NFC and QR code Technologies Message Board

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Technology Stocks : RFID, NFC and QR code Technologies

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To: Loren1 who wrote (1242)	8/8/2006 5:08:58 PM
From: Loren1	Read Replies (1) of 1712

Waste Not, Want More For 16 years, Intermech Machinery, a Singapore distributor and manufacturer of industrial automation components, used a manual system for tracking inventory and manufacturing processes. That system gave the company very little visibility into its actual inventory. Frequently, this lack of visibility prevented Intermech from carrying out its first-in-first-out (FIFO) inventory policy, created materials wastage and forced it to put outdated components through costly tests. To address this problem, the firm installed RFID antennas on shelves and attached passive HF (13.56 MHz) RFID tags to most of its products and components. The shelf antennas automatically read the tags, thereby detecting the volume and age of the inventory sitting on the smart shelves. Consequently, Intermech expects the new system will reduce wastage costs by as much as 50 percent, while boosting overall business productivity by 40 percent. The company is so happy with its RFID system that it's now working with its suppliers to determine how the technology can be used to achieve even greater savings. Full Story: rfidjournal.com

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