RFID Markets Part III

Continuing on from Factor II, we chalk talk approximately some of the vertical markets in which RFID
can be utilised.

The Economic Sectors
It is believed that the fastest growing top three economic sectors in array of
accent testament be: retail services, health affliction services and commercial services.

The commercial and industrial applications of RFID are among the largest, with
stock management, safety and security life most prominent. Severe
environmental conditions are popular of manufacturing environments where RFID can
be advantageous over other technologies.

Examples of Applications â " product identification, green facts inventory control,
product handshaking, work-in- development and asset government - exceptionally where
reusable containers are used to transport hazardous substances. Here, rewritable
tags can be used to put in writing the container paragraph in disposition to help the required
processing.

Retail and FMCG
Traditionally RFID usage within retail systems has had minimal usage on the contrary is quickly
on the verge of change, with substantial supermarkets substantial the way. The retail and
FMCG production is chiefly bound to for the RFID piloting projects currently
underway and outline RFID adoption as a funds of limiting out-of-stocks, allowing
avail chain visibility in existent or â near-realâ time, and reducing costs.

Examples of applications â " automated checkouts, product identification, inventory
management, asset management, theft prevention, promotion and customer service,
returns and memory management.

Libraries/Bookshops/DVD rental
Libraries and bookshops are ponderous users of electronic article surveillance systems
(EAS), which strictly speaking are not RFID systems on account of they can particular be used
to detect the presence or absence of an part and not its identification. EAS systems
are infancy to be replaced by RFID, which can attain the combined anti theft
servicing and remote capturing of inventory news in one. This is similarly relevant in
the DVD rental market.

Examples of applications â " automated borrowing and return, theft control, item
identification, inventory management.

Existence Sciences â " human, animal, medical
Continuance sciences is one of the longest base and currently fastest growing markets for
RFID systems. Traditional applications such as, animal tagging, has helped develop
this area. Also, besides recently prisoner and babe tagging is a growing segment.
However, medical and pharmaceutical applications are establish to surpass these more
traditional usages as statute requirements for traceability elaboration and
pharmaceutical manufacturers seek to edit resources of protecting their
investments.

Examples of applications â " patient identification (wrist band labels), item
identification, product authenticity verification, inventory management, asset
management, returns and honour management.
Military
The US military is currently one of the largest users and biggest markets for RFID
systems although the majority of their systems require/use expensive active RFID
tags, some with sensing capabilities. There is an distinct compulsion for low reward RFID,
principally for the bag of managing drink and medical supplies.

Examples of applications â " reason identification, inventory management

The Air industry
The airport and airline industry are piloting and using RFID for a multitude of
applications. For example, Boeing is using RFID to track and coerce serviceable
parts on their aircrafts, whilst others such as Hong Kong International Airport are
using an automated in-flight catering process for the routing of in-flight meals and the
governance of returnable containers. The employ with the most feasible within
the industry is for stuff tagging. The airlines are reported to exercise approximately
3 billion bags everyone year and due to limitations of barcode technology it is estimated
that about 2 % of bags amuse gone astray each year, representing 60 million misplaced bags. Each
gone bag expenditure the airlines as even as $200 to replace, costing the industry around
$12 billion per year plus the extra hot water of dissatisfied customers.

Examples of applications â " thing tagging/management, parts
identification/management and asset management.

Automotive industry
RFID is a mature technology within the automotive industry and has established itself
as an integral department of supple manufacturing systems for those at the forefront of
technological development, with more advantageous penetration within vehicle security systems
(immobilisers) continuance adopted. The industry is investigating more usages of the
technology such as overhaul chain state coincident to other industries.
Examples of applications â " item/parts identification, product handshaking, inventory
management, asset management, work-in- process, returns and fame management.
Logistics industry The logistics industry consists of warehousing and postal services,
system haulage, fleet polity and more. Worldwide the independent logistic
industry is a unpunctual adopter of RFID although this is currently growth addressed. Postal
services are paying an active curiosity in RFID especially for entity management
(auto-routing etc.), as are logistics function providers.

Examples of applications â " protest identification, inventory management, asset
management, returns and reminiscence management.

Matter Innovation
RFID can afford the foundation for product developers to contrive dissimilar products,
which hog the energy to case and communicate earful to other objects or
devices, described as â silent commerceâ or â ambient commerceâ . With the added
functionality of sensor technology, these objects/devices will be able to solution and
respond to their environment, demonstrating a measure of intelligence, thus providing
better returns on investment.

Conclusion
It is evident that RFID is a flexible technology and has implied for applications
across all industry sectors. Accepted to all industries is its usage for item
identification and management, which highlights affliction in the technology for supply
chain applications.
It does seem that the technology is stirring beyond traditional utilize niches such
as object handling, rental effects tagging, stop of sales, Absolute Period Location
Systems (RTLS) and Service Chain Management. This at the end operate is seen as the
â killerâ application, owing to this segment presents the strongest opportunities for
achieving long-term revenues, supporting applications such as; work-in-progress
tracking, container tracking, cradle-to-grave tracking, pallet tracking and item
management, which will handle growth.

Good buy absent extended about POS systems

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