Startup Combines Predictive Analytics And RFID

"There's a new player in the market for predictive-analytics software with designs on using RFID and predictive analytics to improve inventory controls. TrueDemand Software Inc. is building a set of applications for the retail and manufacturing sectors to work with supply chains that use radio-frequency identification, with the goal of helping companies reduce out-of-stock and excess inventory. The startup recently secured $6 million in round A funding from Mayfield Venture Capital and Bay Partners." Source: informationweek.com