Beyond Compliance: RFID for the Pharmaceutical Industry
- Topics:
- Logistics Planning
- Tags:
- Biometrics,
- Tompkins Associates,
- Supply Chain Management (SCM),
- Supply Chain,
- Software,
- Security,
- RFID,
- Industry,
- Enterprise Software,
- Compliance,
- ...
- Source:
- Tompkins Associates
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Overview: Radio Frequency Identification (RFID) is hardly a new concept. Until recently its impact in supply chain management has been limited to niche roles due to cost barriers as well as a lack of accepted standards, technology challenges and performance limitations. According to many of its proponents, RFID promises to save billions and radically change the way the supply chain works. For those in the pharmaceutical and health care industries, the anticipated benefits from implementing RFID go beyond just more efficient supply chains discussed in the paper.
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