Services

Modules

News

FAQs

Client Login

News

Trends

US automotive firms continue to embrace RFID

08/11/2006 17:27

Printable version

Send to a friend

RSS Feed

The automotive and industrial manufacturing industry is to enjoy a greater deployment of radio frequency identification (RFID) technology, according to new reports.

Recent studies by business research and consulting firm Frost & Sullivan have shown that the production and logistics of these sectors in the US have increased their focus and spending on the new technology, which is aimed at streamlining supply chains.

Greater use of RFID could ensure demand and supply balance within each sector is improved, the research claims.

Frost and Sullivan research analyst Priyanka Gouthaman said: "RFID has remarkable potential to integrate these supply chain and enterprise resource planning systems with manufacturing applications.

"It enables tracking and identification of inventory work-in-progress critical assets, spares, tools and high-value components, thereby providing real-time operational visibility across the length of the value chain."

Supply chain management is increasingly concerned with cutting costs and process times, meaning improved technologies such as RFID and e-procurement systems are essential.

Online procurement and purchasing software can dramatically speed up a firm's operations, especially coupled with a streamlined production process which has RFID tags already integrated.

Bookmark this article

Related "Trends" News
Whole Foods adopts innovative standards in seafood procurement 21/07/2008 03:11
Whole Foods Market Inc., which runs seven stores ... [ more ]

New reforms to the Procurement-process announced by Ohio 26/06/2008 11:52
Ohio Gov. Ted Strickland yesterday signed two executive orders aimed at ... [ more ]

Visa releases best practices study on procure-to-pay (P2P) automation 15/06/2008 12:13
Visa Inc. released today an updated and expanded commercial payment card be ... [ more ]

New Procurement Strategy by APCO 04/06/2008 01:39
A new procurement strategy aimed at securing better value for the 2 bill ... [ more ]

Like this story ? Want more stories like this delivered to your desk automatically ?
Sign-up for a our free newsletter now !

Have an opinion about this article? Visit our blog !

eProcurement and Purchasing Software Solutions are available from Mikrofax Software

< back