Chemical industry looking to gain further from RFID

The Chemical Industry Data Exchange (CIDX) is persuading its members to avail of a business model which can help chemical companies establish return on investment from their EPC RFID deployments. Chemical companies can gain in terms of improved management, reduced accidents and better logistics.

CIDX is looking forward examine the potential of RFID and find business scenarios for offering additional value to the industry. CIDX can play an important role in the development of standards by the CIAG and therefore is looking forward to represent its interest in the EPCglobal industry action group. It is expected that by their initiative the chemical industry will gain a lot from RFID technology.