Philips Semiconductor on Tuesday announced that it has provided partners with radio frequency identification (RFID) chips that they'll use in efforts to improve Benetton's supply-chain management system. What this means is that a box containing clothes of varying styles, colors and sizes can be scanned, and the information can be uploaded to Benetton's inventory tracking system instead of having to be checked in one piece at a time. The process could be faster, more accurate and efficient than bar codes because it wouldn't require the unpacking and hand checking of each garment. More...