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Topic: |
Business
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Number of pages / Number of words: |
5 / 1253 |
Essay's paper body
With these companies leading the way, other companies will inevitably follow suit as the cost of RFID is driven lower. Unlike other dot-com era innovations, RFID seem to be here to stay. In June 2004, the editor of the RFID journal was quoted as saying: "This is a lot like what the internet was in 1995...
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We are on the verge of a major change in the way companies do business (Higham, 2004)." This single statement is indicative of the importance of utilizing RFID in streamlining the supply process in businesses throughout the world. RFID has the possibility of having a huge impact on the supply chains of many companies...
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