13 Aug RFID's advantages and challenges
When you drive through Illinois you now pay a premium for using cash or coins at the tool booths unless you buy an I-Pass device for your car. If you stop for gas at a Mobil gas station you might see some people waving a small plastic device on their key chain to pay for gas. These are two examples where RFID technology is being used for e-commerce applications to reduce costs, improve efficiency, and potentially improve the buyer’s experience.
This technology is rapidly effecting all types of businesses as both Wal-Mart and the department of defense have issued mandates to their supplier that requires them to use RFID technology to track inventory to improve supply chain efficiency and reduce “shrinkage” due to missing or undelivered inventory.
But the technology has its challenges, as it is both basic and complex.
List to this weeks episode to learn more.
Original air date: Saturday, August 13, 2005
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• Read more about UW Madison’s RFID Lab
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