Suppliers of RFID to the Manufacturing and Logistics sectors are prospering. For example, Belgravium in the UK, offering RFID for management of standing assets and supply chains, in partnership with Ubisense and Sirit, grew sales 101% last year and achieved profits up 88% at $1.844 million, an impressive 16.9% of sales. In Lockheed Martin in the USA, we estimate that Savi Technology continues to make satisfactory profits as it passes $200 million in gross sales value, up about threefold in three years. Savi uses RFID to manage standing assets and supply chains for military forces in the main and its joint venture with Hutchison Whampoa called Savi Networks is busy applying active RFID to intermodal containers to alert to tampering in real time and provide supply chain visibility.
- Places:
- China
- Korea
- Netherlands
- UK
- USA