Blockchain and RFID Could Address a $180 Billion Problem
A new paper published by the Auburn University RFID Lab suggests the two technologies could help retailers, brand owners and logistics providers reduce counterfeiting, shrink and chargebacks.
Dec 04, 2019—
The Auburn University RFID Lab and GS1 US have been studying the problems that retailers, brand owners and logistics providers face when sharing supply chain data and exploring the role radio frequency identification technology might play in alleviating those problems.
In October 2018, the lab and the organization released a white paper describing the Project Zipper study, which involved tracking the movements of RFID-tagged items between eight brand owners and five retailers as they traverse from the point of manufacture to a brand’s distribution center, to another DC operated by the retailer and to stores (see Project Zipper Finds Order Accuracy Jumps to Nearly 100 Percent With RFID). That white paper, which was based on a year-long pilot, revealed that that when brands and retailers both employ RFID and share data about each item’s movements throughout the supply chain, accuracy can rise to nearly 100 percent, thereby reducing the cost of claims.