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Launch of an RFID guide for SMEs by DCITA Getting the Most out of RFID is designed to provide SMEs with practical and simple starting advice on what can RFID do for SMEs and some of the issues to consider with RFID adoption. The DCITA guide mainly discusses of the use of RFID technology in inventory and supply chain management, being likely an area of application of RFID in the near future. About This Guide
Getting the Most out of RFID is an introductory guide designed to help Australian small to medium-sized enterprise (SME) understand the potential benefits of RFID technology in doing business. The guide seeks to provide simple, practical starting advice on:
RFID technology has the potential to revolutionise the way goods and other objects are identified and tracked. It can improve business efficiency and reduce costs, and can make entirely new types of business possible. Key players in the Australian retail market are likely to be influential in leading a trend towards adoption of RFID technology for supply chain management in the next few years. A business that is prepared for these trends is likely to be less vulnerable to poor or hasty decision-making in implementing an RFID solution. This guide focuses on the use of RFID technology in inventory and supply chain management. This is likely to be the highest value and most significant use of RFID—and greatest source of challenges—for Australian SMEs in the next 5 to 10 years. However, this is only one of a large range of uses that RFID technology can be applied to. Some of the other potential applications of this highly versatile, multi-purpose technology are also explored.
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