Application of RFID Strategy

Here’s an interesting piece from Paul Faber, a Principal at a supply-chain-solutions consulting firm.

Innovation is occurring in the RFID market, but it is diffuse and application-specific. Most of the publicity for RFID is dominated by EPC compliance, but this portion of the market is moving sideways as shown by technical developments and market analyst's forecasts. The innovations that we see due to RFID technology are still largely due to pursuit of realistic goals in custom projects that address a specific need and provide an unambiguous return on investment.

He also examines the case of Japanese retail giant, Mitsukoshi – noting how the brilliance of their particular application of RFID technology is in how well it combines the elements necessary for the success of the entire business.