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RFID in the Industries:
Healthcare
Lost/Stolen accounts for up to $4000/ bed / year in US Hospitals.
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Pharmaceuticals
2% to 7% of drugs in the US and 80% in some Third World Countries counterfeit.
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Transportation & Logistics
RFID can help significantly reduce Cargo theft, loss and damage in the transportaion and logistic industry.
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Supply chain , Mfg. & Retail
P&G believes that RFID can reduce their inventory by 1/2. 8-12% of items in stores are out of stocks at one time.
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Airline Industries
1.5 Billion Bags carried each year. Each lost bag costs the airlines $100.
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Asset Tracking
RFID can help more accurate and real-time tracking of almost any asset resulting in better asset utilization.
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