Businesses in a wide range of industries are realizing significant benefits from radio frequency identification (RFID) technologies. The return on investment (ROI) for RFID comes from reducing the time and labor required to track assets and materials, decreased losses and theft, improved maintenance operations, and streamlined efficiency through better asset availability and utilization. Many of these benefits occur in applications that do not directly require participation from suppliers and customers, and reside outside the external supply chain.

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