In this article we discuss whether the recession is the right time for a rental company to get involved with RFID? Yes, we argue, as payback on RFID investments can be 12 to 18 months or less, as long as implementation is done carefully.

Now more than ever, rental companies are under pressure to reduce costs and increase margins. But as well as going through the obvious cost-cutting exercises of reducing payroll and eliminating discretionary spending, the smart rental companies are taking a fresh approach and realising that by taking control of the assets they have, there are significant cost savings to be made.

To RFID or not? Was published in the January-February 2011 edition of International Rental News.

Read the full article here.