Despite the slow economy, Rochelle Heinl, vice president of Tipp City, Ohio-based Repacorp, believes RFID usage is on the rise. “It seems that the economy is in a slow spot right now, but companies are still interested in saving money, or looking for methods to help them save money,” she explained. “If companies work closely with an integrator and know going into a project that they lose, for example, $100,000 a year in lost merchandise, if setting up an RFID system in their warehouse only costs $50,000, the company should see an immediate [return] on [its] investment and will at that point choose to spend the initial costs associated to help [it] out in the near future. RFID is a great technology and can be used in such a vast number of ways that with times being slow for companies right now, there is extra time to research RFID and look into what savings it can offer if implemented.”
Big Brother is Watching
There's no escaping RFID technology