RFID Applications:
Automate inventory and asset-tracking in healthcare, manufacturing, retail, and business sectors
Identify the source of products, enabling intelligent recall of defective or dangerous items, such as tainted foods, defective toys, and expired or compromised medication
Prevent use of counterfeit products in the supply chain
Improve shopping experience for consumers, with fewer out-of-stock items and easier returns
Provide visibility into the supply chain, yielding a more efficient distribution channel and reduced business costs
Decrease business revenue lost to theft or inaccurate accounting of goods
Improve civilian security through better cargo monitoring at ports
Wirelessly lock, unlock and configure electronic devices
Enable access control of certain areas or devices
Whatever the application, RFID has the potential to increase efficiency of operations, improve asset visibility and traceability, decrease reliance on manual processes, reduce operations costs, and provide useful data for business analytics.