Friday, July 22, 2005

Doing RFID For a Competitive Advantage

"Companies are increasingly moving beyond retailer compliance mandates and considering Radio Frequency Identification (RFID) initiatives for competitive advantage, says an Infosys (NASDAQ:INFY) survey of executives from high tech manufacturing, consumer product goods, logistics and pharmaceutical industries. While RFID adoption continues to be driven primarily by retail mandate compliance (45%), competitive advantage came in a close second (38%). More than half of the respondents believed that their RFID initiatives have significant implications on cost reduction and asset efficiency improvements in their supply chain." Source: infosys via businesswire.com