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Efficiency improvements in the management of gas cylinders as assets and returnable containers could have a significant influence on balance sheet and income statement sections of the gas provider's financial statements. |
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Worldwide gas companies experience problems with. |
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filled and empty cylinder inventory optimization |
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returnable cycles |
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shrinkage due to carelessness or malicious intent and |
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filled and empty cylinder inventory optimization |
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All these problems can be eliminated or reduced by automatic real-time point-of-transaction. |
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The use of RFID as an automatic identification method to effect this updating of cylinder related information has been widely proposed. |