Why Is Radio Frequency Identification (RFID) Important?
RFID is an automatic identification and data capture technology that transmits information about an object wirelessly using radio waves. RFID will supplement and may eventually replace bar code identification technology. It will create business efficiencies by fundamentally changing the way products are tracked through the supply chain without requiring human interaction. Wal-Mart, the U.S. Department of Defense and several large retailers have mandated RFID adoption by their suppliers. RFID applications are also growing in a number of other industries – airlines, pharmaceuticals, healthcare and more.