Auto-ID technology will offer enterprises an unprecedented real-time view of their assets and inventories throughout the supply chain thereby enabling significant gains in their operational efficiencies. For example, a company will be able to let its suppliers all around the world know almost instantaneously that a particular product has been sold, giving the suppliers real-time data on demand and enabling them to match the company's needs more precisely, thereby reducing inventories throughout the entire supply chain. Even though Auto-ID is ideally suited for supply chain type applications, it has applications in virtually every known industry vertical. There are examples of Auto-ID being used in Manufacturing, Retail, Transportation, Healthcare, Life Sciences, Pharmaceuticals, Government, and even Entertainment (Theme Parks). |
