RFID Introduction:

Generally, Radio Frequency Identification (RFID) technology can quick identify objects with RFID tag in a much longer range than traditional identification method such as bar code. The speed and accuracy of RFID make it a major technology enabler for identifying and tracking goods and assets around the world. It can help hospitals locate expensive equipment more quickly to improve patient care, pharmaceutical companies to reduce counterfeiting, and logistics providers to improve the management of moveable assets. It also promises to enable new efficiencies in the supply chain by tracking goods from the point of manufacture through to the retail point of sale (POS).

Market: Supply Chain Industry Trend and Demand
Digital commerce and globalization have sliced product and service processes into small, separable work packages.? In response, large and increasingly smaller corporations, are adopting global sourcing and delivery strategies which employ capabilities and resources across multiple countries, using standard processes and methodologies, supported by a global firm infrastructure. This has come with a growth in risk, as the reliability of the operational life lines IT, supply chain, strategic market information and even energy has become far more critical to economic stability and enterprise competitiveness. These systems have become highly interdependent, creating potential for disruptions across networks and borders.? The strategic growth response is to diversify clients and markets, leveraging geography to disperse risk.

Integration of RFID with Existing Products
Drawing on its recent experience in GPS location software, Nicer is well positioned to expand its existing hardware and software business lines with innovative RFID technology.? Nicer can deliver modern inventory tracking capabilities to clients, backed up with comprehensive 24/7 online software support.? This will enable Nicer to expand its current local market client base to larger scale firms operating in North American and in global supply chains which can employ this RFID service to reliably track product movements and improve their efficiency and return on investment.? The management is committed to develop much greater commercialization capacity, which will also improve the marketing potential for newer technologies and the CRM and home software being developed by Nicer's R&D.