Research and Markets : Item Level RFID Will Save Millions of Lives, Reduce Sickness and Accidents and Enrich the Retailing and Information Technology (IT) Industries and Others

DUBLIN, Ireland----July 25, 2005--Research and Markets (http://www.researchandmarkets.com/reports/c21342) has announced the addition of Item Level RFID to their offering.

This report details the business benefits of the "tag everything" scenario and explains the imminent transformation of postal, military, healthcare and other operations. Many individual items are already RFID tagged and adoption is far more rapid than is commonly realized.

Item level RFID will save millions of lives, reduce sickness and accidents and enrich the retailing and Information Technology (IT) industries and others. It will revolutionize the Consumer Packaged Goods (CPG) and healthcare industries by making them far more efficient but also capable of new things. However, there will be winners and losers: it will greatly alter the balance of power within value chains. Item level RFID will transform the postal industry and sharply improve the capabilities of military forces. It will have wide impact from electronics to archiving.

For example, counterfeit pharmaceuticals kill tens of thousands yearly and 125,000 US patients die every year from taking their medication incorrectly. Bad food and bad cooking can also be improved by item level RFID, saving thousands more lives and preventing a great deal of sickness. Trials have shown that RFID can decimate supply chain inefficiencies which cost hundreds of billions of dollars yearly, stockouts at retailers which waste $120 billion yearly and shrinkage at $60 billion yearly - the list goes on and on.

Contents are entitled as follows:-

Current Experience Of Item Level Tagging

Some Organizations Requiring Highest Volume Item Level RFID - Reasons Why

Paybacks To Be Expected For High Volume Item Level RFID

Some Companies Preparing To Offer Highest Volume Item Level RFID

Barriers To Overcome

Progress With Highest Volume Item Level

Timescales

Tables

Figures

For more information visit http://www.researchandmarkets.com/reports/c21342

Contacts

Source : Research and Markets
Laura Wood, Fax: +353 1 4100 980
Senior Manager
press@researchandmarkets.com

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