Extending ERP With RFID

"Large businesses agree that 4 to 6 percent of sales are lost as products move from the assembly line through the supply chain to the end-customer. Half of the loss results from failure to restock popular items, and the rest is because of shrinkage (lost or stolen items). This is where RFID (Radio Frequency Identification) can dramatically improve production efficiencies, asset utilisation, forecasting and inventory accuracy, and ultimately customer satisfaction by pinpointing the location and status of products as they move through the supply chain. " Source: ExpressComputer