RFID and the Supply Chain - Part 2

Part two of RFID and the supply chain. MarketsVDC reports that in the short-term as the RFID
The RFID market is currently in a state of increasedmarket continues to develop momentum, pilot
activity and heightened interest triggered by variousprogrammes will continue to provide a moral boost to
regulatory and customer mandates, necessitated bythe industry, by demonstrating the value proposition
the need for increased supply chain visibility andof RFID and can be seen as a prelude for broader
security. Visibility is the foundation of supply chainadoption. According to VDC, the rapid expansion of
event management. It is the glue that binds the totalthe RFID market has been in the main subdued by
business decision-support and technical processes tothe following factors: the lack of industry and
integrate the supply chain components, both withinapplication standards; the approaching saturation of
the business, and with external providers, supplierstraditional RFID applications; the lack of education and
and customers.. These visibility and securityweakness of indirect channel support; the highly
requirements have come about mainly as a means offragmented competitive environment and lack of a
cost control and maintaining the integrity of goodsconvincing business case - primarily return on
within the supply chain and have been influenced by:investment (ROI). However, vendors have been
longer and more complex global supply chains; thequickly working to resolve these issues through
increased threat of global terrorism; increase inpartner programmes, expanded product lines,
counterfeit goods; the emergence of grey markets;standards initiatives, new application developments
the need for manufacturers to protect their brands.and customer education.
The increased activity surrounding RFID isThe RFID Printing market
characterised by an increase in the number ofThe Smart label printer/encoder is an enhanced
significant pilot projects by recognised companies andthermal bar code printer and set to be a significant
a plethora of RFID related events, along withrevenue earner, through the extension of existing
increased amounts of media attention. Researchproduct life cycles, whilst requiring minimal
suggests that interest in RFID is at its highest pointinvestments in terms of R&D. These printers are
and climbing, yet shipments have not soared to thecapable of printing both traditional bar coded labels
levels suppliers previously anticipated. The increasedand on- demand RFID encoded smart labels. There
activity, particularly in media coverage led a researchare many reasons for Smart Label Printer/Encoders:
firm, A.T.Kearney, to describe RFIDs currentcompliance mandates do not relinquish the need to
transition as being firmly entrenched in thehave human readable data, bar coded data, along
technology "hype cycle." This cycle describes howwith RFID encoded data so there will be a variable
technologies are introduced and how they maturemix of bar coded and RFID tagged items; electronic
over a period of time through a boom, bust andsystems fail periodically, having multiple data types
stabilisation phase. According to the firm, emergingcan guard against system redundancy; data
technologies at first experience a steep "hype" curveconsistency which is a must across the range of data
as the benefits and paradigm-shifting characteristicsprovides a means of validation.
are promoted by industry pundits. A plummet thenThe RFID reader market
follows into a "trough of disillusionment" as inflatedThe greatest demand for RFID readers in the
expectations get pushed aside by the reality ofshort-term will be of the fixed sort, strategically
performance. Finally, as the benefits are betterpositioned within warehouses to monitor stock as
understood and realised, mature and stable offeringsthey are received, stored and dispatched. In the
emerge. The research firm indicate the boom andlonger term, as tag prices fall and item level tagging
bust and subsequent stabilisation of the E-commercebecomes more prevalent the demand for handheld
revolution as being a good example. In the case ofportable readers will increase. These RFID readers
RFID/EPC it is indicated that the path to maturitycan cost from a few hundred dollars for a handheld
should be a rapid rise followed by a dramatic declinereader to up to several thousand dollars for a fixed
in interest, followed by a levelling off and industryreader.
consolidation in two to three years. By which time,The RFID services market
RFID hardware will become a commodity productThe market for RFID related services will be in
and system integration and services will dominate. Forgreatest demand in the near-term given the
vendors, 2008/09 are likely to be important years ofembryonic nature of the technology. As companies
market definition and time for establishing a firmstrive to meet compliance deadlines they will seek
presence in the future of the RFID/EPC vendoroutside help for successful implementation and turn
industry. Subsequently, the more astute vendors willto consultancy firms, which will drive growth within
successfully manage this transition and emerge asthe services area. Longer term, it is anticipated that
wiser and stronger players. Researchers go on tosoftware will represent a larger percentage of the
suggest that timing will be an important factor, astotal RFID market, given more enterprise
first movers can quickly lose their advantage todeployments of the technology (as opposed to mere
savvy competitors that know when to invest andcompliance), leading to software upgrade cycles.
when to wait.Part 3 to follow.
Pilot programmes