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Analyzing Radio Frequency Identification Technology
Aruvian's R'search, Feb 2011, Pages: 50
The speed of Global Economies with growing demands from customers which are to be served in as short time frames as possible along with collation of all stock flows is a mammoth task beyond the purview of archaic accounting or distribution systems in place as of today.
In order to prepare for such global flow of products, companies need to manage their internal operations better, faster and squeeze as much cost effectiveness from these systems as possible in order that they emerge as winners in the annual board championships.
RFID has emerged as a ‘low cost all maintenance tool’ in the hands of these industries which holds the promise of being the virtual on the job, off the shelf warehouse manager which can track product purchase, inform inventory management and complete the extended purchase cycle in many applications across industries. Some other applications of RFID in security are also path breaking which help companies track and secure many different corporate functions.
RFID’s applications in the benevolent field of medicine have also helped reduce response times in crisis situations and have also helped make doctors track patient progress better.
Aruvian's R'search’s report on analyzing Radio Frequency Identification Technology envisages to research in depth on the advent of the RFID technology as a next generation step from the bar coding processes of many industries .The report explains the basics of RFID technology and the system components used in RFID technology which is also further explained in this report in the system architecture employed in using the RFID technology.
The report evaluates the gains made and constraints faced in the implementation of the RFID technology like interference etc which are challenges to be overcome by the development industry. The report also touches upon the ethicality of usage of RFID in consumer applications wherein several debates have been exercised over the infringement of borderline privacy issues of consumers by tracking etc.
The report further analyses in detail the individual application of RFID technology to various industries like Transportation, Logistics, Construction, Civil Conveniences, Agriculture, GPS and a host of other industries where RFID applications have revamped and smoothened their process flows.
The report takes a special focus of RFID application in cost, security parameters in the Logistics and Construction industry and provides an analysis of the RFID strategy of the major players in the logistics industry.
An analysis of the demand of RFID application by product category as well as across the global geography is also provided in the report which gives the researcher an insight into the global markets which are RFID ready thereby adding to convenience of business in these markets. The report further provides a market outlook for the RFID industry and provides an insight into the five basic rules laid down for RFID implementation for industries.
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