TABLE OF CONTENT
SR.NO | TOPIC | PAGE NO. | 1 | Abstract | 2 | 2 | Introduction | 2 | 3.1 | Benefits/Pros of RFID in supply chain (Body) | 2 | 3.2 | RFID in supply chain – Described with a case (Body) | 2 | 3.3 | Cons of RFID | 3 | 4 | Conclusion | 3 | 5 | Bibliography | 4 |
The impact of RFID technology in Supply Chain Management
1. ABSTRACT
This report consists of details of the introduction and inclusion of RFID tagging in supply chain management, along with a several pros and cons in the implementation. In addition, a large retail corporation is discussed in connection with the implementation. The aim of RFID in supply chain management is to see the establishment of product tracking which should revolutionize supply chain management practices. (Michael K, 2005)
2. INTRODUCTION
Supply chain management is the management of moving and storing products/goods, from its raw material stage to its selling stage, from one location to another. The key to a good supply chain management is the seamless transfer of its products, supply chain management gained popularity from the mid-1990s. Supply chain has played and will always continue to play a very important role in Globalization. Some keys functions of Supply chain management, is to manage suppliers, inventory, distribution of goods, customer service and transportation. With supply chain playing an integral part in most of the businesses, it is important for a company to make sure that they have a strong supply chain system integrated and with huge developments in the Information Technology sector its only valid to combine them. Companies have worked on technologies, to name a few, like cloud computing, virtual supply chain, electronic commerce, enterprise resource planning, radio-frequency identification (RFID), among others. (Anon, 2014) The introduction of RFID has played a key in