March 30, 2004
Who Will Pay for RFID?
Currently retailers are expected to benefit from cost savings at suppliers' expense. German research company Soreon says that manufacturers are footing the bill in their new research report, "Saving Cash: RFID - What does it bring to the table?"
According to silicon.com:
"The rollout of controversial barcode-replacement RFID tracking chips is set to be hit by delays because of a power battle between retailers and suppliers about who pays for the technology.
"Retail firms can expect returns on investment of up to 187 per cent by using RFID technology but suppliers will be left to bear the brunt of the current high cost of transponders attached to goods at the beginning of the supply chain, according to new research." Read more
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