RFID tool and MRO tracking: Technology programs enhance processes and save costs

Overview:

RFID moved into the spotlight when WalMart and the DOD began to push the rapid development of the technology.

For a technology to take a strong hold in the marketplace, it must directly solve a known challenge or support the process improvement needed to overcome this challenge. RFID moved into the spotlight when WalMart and the DOD began to push the rapid development of the technology. The goal was to improve the processes surrounding logistics, delivery and receipt of product. This was the driving factor behind the rapid technology advancement of the last five years.

In the background, many asset tracking applications were being developed to monitor high cost machines, IT equipment, hospital assets, amusement park rides, tools and MRO supplies. This "closed loop" use of RFID has become amazingly popular and has proven amazing ROI.

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