![]() Financial Daily from THE HINDU group of publications Tuesday, Dec 30, 2003 |
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Info-Tech
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Software Infosys tool to track better supply chain Our Bureau
Bangalore , Dec. 29 INFOSYS Technologies on Monday announced its solution for RFID (Radio Frequency Identification - an automatic identification and data capture technology) adoption. This enables customers to harness the supply-chain optimisation that this technology provides, including advanced product tracking and greater inventory control, said a company press release. The company is identifying pilots with clients based on strategy sessions on RFID technology and how best it can be applied to their business processes. Infosys' solution would enable clients to evaluate the technology in their business context, build a business case and develop a roadmap for phased adoption, the release said "Enterprises across verticals face many challenges in real-time visibility and tracking of physical movement of goods, assets and personnel," said the company's President and CEO, Nandan M. Nilekani. "Our customers can now look to us to provide the cost reduction, improved customer service and streamlined operations with the launch of our RFID solution and expertise." RFID has generated tremendous interest with the recent announcement of Wal-Mart and the US Department of Defence requiring its vendors to adopt RFID by 2005. While RFID has been around for decades, cost of the technology and lack of standards hampered its widespread adoption. All of this changed with the efforts of the former Auto-ID Centre at MIT, which was instrumental in the evolution of the Electronic Product Code (EPC) Family standards and the formation of EPC Global Inc.
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