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"But up until that point in time, their pilots, their processes, their focus was on things like logistics assets." The reusability of tagged assets makes the technology price attractive right now, as opposed to "one-way 'kamikaze tags' that are cheaply made, poorly trained and make a one-way flight into a warehouse," Ryan says. "Assets are the allies, we want our boys to come home."
Ryan's new RFID logistics asset benchmark report confirms that logistic asset shrinkage is unacceptably high, greater than 10 percent, for about 20 percent of respondents. Almost half of respondents indicated that logistics asset management consumes 5 percent or more of corporate revenues...
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