New RFID tag standard poised to replace barcode on every consumer product
The EPC (Electronic Product Code) Network will soon allow manufacturers and distributors to accurately track and maintain information on countless individual items via RFID (Radio Frequency Identification) technology. The network enables instant identification of physical objects within the global supply chain. Wal-Mart, the world?s largest retailer, is requiring its top one hundred suppliers be fully EPC compliant by the end of 2006. Other major retailers and the Department of Defense have followed suit, guaranteeing the EPC tag will play a major role in supply chain management and business logistics.
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