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How to Use RFID to Cut Costs and Boost Sales
Tags :
cost control, cost cutting, rfid, radio frequency, rfid system, rfid systems, rfid tags, rfid reader, rfid tracking, rfid solutions, rfid applications, rfid technology, rfid security, rfid project,
Industry :
IT products
Functional Area : Productivity and performance |
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About "How to Use RFID to Cut Costs and Boost Sales" topic:
This is the place where we can learn how to use RFID to improve the way we do business, from managing raw materials to completing the sale. And share information on RFID technology, and let us help each other to see exactly how it can and can't help improve the way one can do business.
2 trends
, 2 insight
, 2 debates
, 1 idea contests
on topic: "How to Use RFID to Cut Costs and Boost Sales"
Prev1NextShowing 1 - 7 of 7
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(rate this)
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Barcodes
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10
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RFID
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Dennis Aries
| Argues in support of
"Barcodes"
| 3 years ago
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RFID is still pricewise the worst option. Barcodes are very cheap to produce, almost every printer can print them and barcode-readers are far cheaper that which (professional) RFID-reader I know. If you need vast quantities of them, I would...
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Moparthi Sai Ramya Sree
| Argues in support of
"RFID"
| 1 year ago
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barcodes are the very popular and successful technology technology is ever increasing we need to adopt the new technologies when ever they arrive if they surves better than the older one
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Debate: "RFID Vs Barcodes: What’s The Smarter Option?" deleted from your view.
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RFID technology adds a new chapter to technological upgradation and the recent most is its applications in Asset Tracking Technology . Now a day when large amount of valuable data, asset and people are needed for big projects, basic need of effective and efficient tracking system is increasing day by day. In this situation RFID technical solutions are being so effective. Forgetting the thing is the common nature of human being but some times, this nature brought a dreadful condition. But to remember each and every thing is not possible. Asset tracking system helps you to track your important and valuable assets. For this reason there are many products and tracking systems are in the market...
Insight: "Asset Tracking With RFID Technology" deleted from your view.
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(rate this)
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1
Supply Chain
2
In Hospitals
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krishnamurthyk
| Supported idea
"RFID in IT systems"
| 1 year ago
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IT infrastructures ,s/w installation data, critical performance related data can be stored instantly retrieved for Referrsl technical / managerial decisions
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krishnamurthyk
| Supported idea
"In Hospitals"
| 1 year ago
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PATENTS CASE HISTORY CURRENT TREATMENT DETAILS SENSITINE / CRITICAL MONITORING DATA CAN BE EMBEDDED RETRIEVED.
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Prakash Saitwal
| Supported idea
"Supply Chain"
| 3 years ago
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There are following points associated with use of RFID 1.High cost of RFID chip (Approx. 1 USD) 2.Cost of transfer of chips from destination point to point of origin (for resuse). 3.Fear of loosing privacy on the part of customer, particularly,...
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Ideate: "What applications can benefit from RFID / What can RFID be used for ???" deleted from your view.
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It is known as radio Frequency Identification Technology What are its application in healthcare services Some of them are :- Hospital and Medical Device Company Applications Medical Device and Asset Tracking RFID has strong application potential with medical device companies. The FDA requires medical device companies to be able to identify each unit by serial number. Medical device companies need better control of implants on consignment with hospitals because returns can occur more than 50 percent of the time. RFID technology that improves visibility into returns could enable faster redeployment since the company would know sooner when an unused product could be returned. Surgical instrume...
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Suresh Prasad Gupta
| Commented
| 1 year ago
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Its really nice to learn awareness about RFID. In fact a few companies who are dealing with surgicals and implants have already started using RFID. An informative topic indeed.
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Insight: "RFID in Healthcare –A panacea for the regulations and issues affecting the industry?" deleted from your view.
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Looks like pharma industry has started hugging IT for its own good!!! RFID is being talked in a big way in pharma. One quarter of the major pharmaceutical companies are expected to implement large-scale RFID projects to reduce costs, improve inventory control, track clinical trials and manage samples. SO WHAT CAN RFID DO FOR PHARMA?? Words like “counterfeiting” and “out of stock” are anathema to any industry, but for pharmaceuticals the implications are particularly serious. Radio frequency identification, or RFID, has the potential to nearly eradicate such issues. The idea of tagging and tracking the whereabouts of drugs has some intrigued, some alarmed—and most somewhat confused. WAN...
Trends: "RFID finds its way in pharma!!" deleted from your view.
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RADIO FREQUENCY IDENTIFICATION!!! RFID.. Have you ever imagined INTERNET OF PEOPLE ? Everyone connected with each other.. Sounds like an 3D game is it?? It s not, its going to be the reality. We have never thought or RFID beyond inventory management or supply chain or hospitals etc.. That is not the only area where RFID can help us out. Let me give you few interesting applications of RFID , and i bet it will leave you spell bound... Improvement in supply chain identification may only be the tip of the RFID iceberg—billions of dollars in the form of new business opportunities may lie beneath the waterline APPLICATIONS RFID CAN CLICK A PIC FOR YOU! A science museum in San Fransisco, uses RF...
Trends: "RFID: Thinking Outside of the Supply Chain" deleted from your view.
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Yes
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7
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4
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No
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Bharat
| Argues in support of
"Yes"
| 3 years ago
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As per the statement.. In a fluctuating environment, an agile and quick responding company, stands to gain advantage. Quite logical. The need to question is the validity of a fluctuating environment if this were to be disagreed upon.
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Prakash Saitwal
| Argues in support of
"No"
| 3 years ago
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"Business Process Management" in its strict definition stands for a collective term for applying various tools, making decisions, implementing and monitoring the decisions for managing the Business". As per definition, BPM stands for much...
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Debate: "Does BPM help in cost cutting?" deleted from your view.
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The word 'Push' has traditionally characterized FMCG sales systems in India. This is changing for the better in many ways. Sales in many companies like HLL, Marico and Colgate is secondary driven. Let me explain this to a reader who is new to sales jargons. Secondary driven basically means that retail orders to the distributor (secondary sale), which are a function of sales from the retail shelf(offtakes), determine the volume of primaries (billing from the company to the distributors - primary sale). In traditional sales systems the disproportionately high targets were driven by billing high volume of stocks to the distributors (primaries) without there being an adequate movement of stock from the distributor point to the trade (secondaries). This system worked as long as the brands has a demand (pull) that was proportionate to this loading. However in case of inadequate offtakes, this extra stock used to lie at the distributor point or die in the shelves of the retailer. In case...
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Accounting of revenues costs in Entertainment Ind. 13 May 2010 2,927 views No Comment A common practice amongst media owners is the bundling of space across various products, programmes, channels, publications and portals. This makes the accounting of revenues or costs challenging. The Indian media and entertainment (M E) industry has transformed in the last 15 years. The segments within the industry include TV broadcasting, publishing, radio, new media, filmed entertainment, software production, music and events. Significant differences between Indian GAAP and IFRS, pose both accounting and business challenges . A common practice amongst media owners is the bundling of space across various products/programmes/channels/publications/portals. The accounting of revenues or costs becomes challenging where such space is marketed for a consolidated amount. There is no specific guidance under Indian GAAP or IFRS. Relative fair value However, under IFRS, the practice is to use the...
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