As far as advanced technology goes in the manufacturing sector, RFID is actually pretty simple. For just pennies each, radio frequency identification tags, or chips, can enhance your top-down understanding of everything happening in your manufacturing outfit and make your lean operation even leaner still.
We shouldn’t have to explain the benefits of lean manufacturing. Suffice it to say, reducing waste and redundancy benefits profitability one company at a time, but it also helps reduce the cumulative “footprint” of the entire industry. But doing any of this well requires companies to make continuous process improvements a matter of their culture. And making improvements means gathering information you can act upon.