RFID in logistics operations

Radio frequency identification (RFID) is a generic term that is used to describe a system that transmits the identity (in the form of a unique serial number) of an object or person wirelessly, using radio waves. RFID is designed to enable readers to capture data on tags and transmit it to a computer system— without needing a person to be involved. For tracking goods in open supply chains, where RFID tags are put on cases and pallets of products by one company and read by another, cost has been a major obstacle to adoption. Main success factor will be lower costs of the chip and equipment, which are prerequisites for the use of RFID in open supply chains, where a company puts a tag on a product, and it's read by other companies in the supply chain.