RFID possibilities beyond the supply chain

CIO: Wal-Mart and other large retailers have been a major driving force behind RFID adoption, causing it to be viewed merely as a more effective alternative to bar codes where it saves billions through reduced labor costs, out-of-stock expenses, theft, warehouse management costs and inventory levels. However, improvement in supply chain identification may only be the tip of the RFID iceberg — billions of dollars in the form of new business opportunities may lie beneath the waterline.

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