In the late 90s and early 2000s, there was a lot of buzz around RFID technology and its potential to transform the supply chain industry. Peter Jones, Managing Director of Prological, discusses AI’s prospects for improving supply chains, how earlier technological predictions have panned out, and why AI might be less transformative than many of its current boosters think. Despite the hype, the prohibitive cost of smart RFID tags and the lack of the cloud hindered the technology’s potential. Peter was part of a project that aimed to quantify the value proposition of incorporating RFID tags into the LG supply chain network in Australia. The project was backed by significant funding, but the gap between the hype and the reality soon became evident.
Add to Favourites
To login click here