Preview

Global RFID Smart Cabinet Market 2014-2018

Satisfactory Essays
Open Document
Open Document
361 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Global RFID Smart Cabinet Market 2014-2018
Global RFID Smart Cabinet Market 2014-2018

RFID technologies have begun to draw attention across several sectors, particularly in the Healthcare sector as hospitals have begun adopting innovative technologies to cater to critical business needs. RFID smart cabinet technology reduces manual efforts to maintain, track, and manage inventory. It also helps reduce loss and misplacement of supplies, increases savings, and minimizes the risk of theft. RFID smart cabinets are primarily used by retailers, healthcare institutions, and discrete manufacturers where there is a need for inventory management.
Covered in this Report

This report covers the present scenario and the growth prospects of the Global RFID Smart Cabinet market for the period 2013-2018. To calculate the market size, the report considers revenue generated from the sales of RFID smart cabinets worldwide. It also presents the vendor landscape and a corresponding detailed analysis of the leading four vendors in the market. In addition, the report discusses the major drivers that influence the growth of the Global RFID Smart Cabinet market. It also outlines the challenges faced by vendors and the market at large, as well as the key trends that are emerging in the market.
View our full TOC @ http://bit.ly/1pwnP0h

Key Regions

EMEA
APAC
Americas

Key Vendors

LogiTag Ltd.
Mobile Aspects Inc.
TAGSYS RFID Group Inc.
WaveMark Inc.

Other Prominent Vendors

CoreRFID Ltd.
Meditek
Solstice Medical LLC
Stanley Innerspace
Terso Solutions Inc.

Key Market Driver

Increasing Need for Inventory Management in Hospitals
For a full, detailed list, view our report.

Key Market Challenge

Intense Competitive Environment
For a full, detailed list, view our report.

Key Market Trend

Increasing Awareness of RFID Technology
For a full, detailed list, view our report.

Key Questions Answered in this Report

What will the market size be in 2018 and what will the growth rate be?
What

You May Also Find These Documents Helpful

  • Good Essays

    bis 221 wk 4

    • 632 Words
    • 3 Pages

    The wireless technologies that Team B recommends for Party Plates Company are WIFI and Radio Frequency Identification, also known as RFID. WIFI is a medium-range wireless technology that allows electronic devices to exchange data using radio waves over a computer network. These radio waves are transmitted using an antenna called a wireless access point. (Rainer Jr & Cegieiski, 2011) WIFI will save Party Plates Company the expense paid on having wires installed throughout the company. RFID technology consists of a small chip that is attached to inventory items. These chips include a unique identifier that acts as a barcode or magnetic strip would. RFID technology will allow Party Plates Company to keep up with their asset tracking, while identifying and accounting for items quickly, accurately, and inexpensively.…

    • 632 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Quad is a company which leases and services the plastic containers which are used from industries to grocers to transport the products. They are facing some difficulties with them supply chain and following processes for each container. SAVI proposes some new technologies to facilitate this tracking and the inventory management. So in my opinion, if I were SAVI, I would like to position the tracking technology to companies like Quad as a value-adding. The SAVI’s technologies will come for the other companies more like an advantage to improve their efficiency. Such technologies offer the possibilities to manage better the visibility of physical goods, to increase the supply chain efficiency and to facilitate the inventory’s management. The RFID technology adds value not only to the product but also to the QUAD Company. By using such service, they will increase the productivity and improve their products but also reduce the spendof-time. It is really a value—adding service. SAVI offers different kind of RFID tags: active or passive. The active tags are an evolution of the passive tags. They have the ability to transmit their location and other information like the time spending at the same place. Moreover they can be monitored by readers not far from them. So with all these capacities, it could be a great choice for QUAD to invest on this evolution. It will provide them more flexibility, give them the capacity to better organize them inventory and to improve the inventory…

    • 459 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    The 2012 Olympics were held in Stratford in the East of London, many of the events took place here. The Olympic park covered an area of 500 acres which features the new built Olympic stadium, the London aquatics centre, the basketball arena, the London velopark and the riverbank arena. Boxing, fencing, judo, table tennis etc. was in the river zone which is located both sides of the River Thames in the Thames gateway area. The central zone which includes venues such as the Wembley stadium (where the finals of football competitions took place) also the Wembley Arena (Badminton) and Wimbledon (Tennis), covered most of central and West London.…

    • 700 Words
    • 3 Pages
    Satisfactory Essays
  • Better Essays

    Student

    • 3849 Words
    • 23 Pages

    Jack S. Cook, and Laura Cook. “RFID: Revolutionizing Inventory Management Across the Supply Chain.” APICS. http://www.apics.org/industry-content-research/industry-resources/publications-database (accessed April 4, 2014).…

    • 3849 Words
    • 23 Pages
    Better Essays
  • Good Essays

    Continuing Case

    • 5993 Words
    • 24 Pages

    Lately Conner and Martin have been working with “radio frequency identification” (RFID) technology. They have developed a detailed system designed to track inventory items using RFID tags embedded invisibly in products. This technology has numerous inventory applications in multiple industries. One of the most basic applications is tracking manufacturing components; if tagged components "go walking" (if employees attempt to take them), companies can easily track and find them. Conner and Martin have sold their system to several high-tech companies in the area. These companies have a number of government contracts that require extensive security systems to protect sensitive data from infiltration by terrorists and others. To date, CMC’s cash flow from sales and services has adequately funded its operations.…

    • 5993 Words
    • 24 Pages
    Good Essays
  • Powerful Essays

    Riordan Information Systems

    • 3338 Words
    • 14 Pages

    Caton, M. (2004). RFID reshapes the supply chain. eWeek, 21(16), 45. Retrieved from MasterFILE Premier database.…

    • 3338 Words
    • 14 Pages
    Powerful Essays
  • Best Essays

    Proposal Just Relax Inc

    • 1722 Words
    • 7 Pages

    Öztayşi, B., Baysan, S., & Akpinar, F. (2009). Radio frequency identification (RFID) in hospitality. Technovation, 29(9), 618-624. doi:10.1016/j.technovation.2009.05.014.…

    • 1722 Words
    • 7 Pages
    Best Essays
  • Best Essays

    Susan Reda (2005, September). What you don 't Know About RFID! Stores, 87(9), 26-27. Retrieved July 16, 2008, from ABI/INFORM Global database. (Document ID: 895457311).…

    • 2147 Words
    • 9 Pages
    Best Essays
  • Powerful Essays

    MGT 420 Midterm Exam

    • 1644 Words
    • 7 Pages

    Asset tracking software equipped with RFID hardware can give the convenience of tracking and identifying your assets uniquely in real time. When it is combined with suitable sensors and bar code scanners, it can be applied in various industrial tracking applications in order to produce and send alarms when there are any movements or disturbances on the asset or just maintain inventory.…

    • 1644 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    Ww2 Research Paper

    • 513 Words
    • 3 Pages

    Both World War II and the First World War had many casualties over the years fought. In the First World War, allied powers Russia, USA, Britain, France and Italy, had a total of about 21,062,835 casualties…

    • 513 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Security: The security policy is very important in any kind of organisation, Brookdale, Kleinwater and Spenwell has a number or security policies and they are held in place to make sure details like passwords, user account, files, etc., are all protected from unauthorised people gaining access. The 3 Primary schools don’t give full access over the computer they are using as many things can be dangerous in an environment like a primary school. It is important all PCs are monitored. The way the PCs can be protected is by removing privileges from the users, this is controlled by the Admin.…

    • 518 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    References: Blanchard, D. (2004, December). Countdown to RFID-Day: a look at how RFID can help…

    • 2499 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    RFID technology enables manufacturers, distributors, and retailers to identify the exact location of their goods at any point in time. And better product visibility will enable the entire supply chain to be more focused on the end…

    • 1119 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    Rfid System

    • 272 Words
    • 2 Pages

    With RFID technology this company will begin the construction of total B2B solutions pertaining to the most important domains that involves this company meaning commerce and industry where mobility is very important. With the installation of the RFID system this company’s’ B2B solutions can be conducted in a more precisely manner and with a sufficient amount of time. The RFID system will be very mobile due to the use of multiple PDA devices and RFID readers connected to them in each office location. With the RFID system in place the company’s’ warehouse flow of incoming orders, outgoing orders and inventory can be scanned into the system as an order enters or deducted as an order leaves which makes this both time efficient and cost effective without any disruption in business when the company transfers over to the RFID system. The San Jose office will input all the company’s’ inventory into the RFID system and each item would be Identified as an individual item and not by an item class. The San Jose office will keep up to the minute data on how many and what kind of custom plastic parts are in the Pontiac, MI inventory stock. The Albany Ga. office will send on site productivity reports on how many plastic containers are package and ready for pickup every three hours. The China office will place an RFID tag on every fan that it produces and ships out to be all tracked by the corporate office in San Jose. As you can see by transferring onto the RFID system this will keep productivity up and moral high with in the…

    • 272 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    A company is trying to explain why switching to a radio frequency identification device (RFID) system can save money. It will help the company to be on demand operational planning and control. The system could help speed of the process of workflow. Right now the average scan time per items is ten seconds. The ten seconds does not include the employee walking to each location to scan the bar code or replace any demanaged bar code tags. An average replacement of a tag can take as much as five minutes.…

    • 813 Words
    • 3 Pages
    Good Essays