Radio Frequency Identity Tags in Supply Chain Management...

Radio Frequency Identity Tags (RFID) can greatly improve a company’s performance. RFID can be used as a tool for optimizing business processes and improve the efficiency of operations. It is used in a wide variety of areas. Here, in this report we will explore the possibility of RFID in supply chain management. It may improve the potential benefits of supply chain management through increase of the four factors: efficiency, accuracy, visibility, and security. RFID technology has a great potential to change the business models of companies and the way the companies are doing their business. Hence, it is interesting to analyse this technology and find out the present situation and future trends of RFID technology. In today’s world,†¦show more content†¦Kaufhof installed in its shop in Essen Germany ‘smart clothing shelves’, ‘smart try-out cabins’, and ‘smart mirrors’. Levi Strauss Co. has launched an item-level radio frequency identification (RFID) pilot at one of its retail stores in Mexico. What is RFID Technology? RFID technology is a wireless sensor technology which is based on the detection of electromagnetic signals. According to Mcfarlane and Sheffi (2003), an RFID based Auto-ID system is made up of a unique identification number, which is assigned to a particular item, an identity tag, which is attached to the item with a chip capable of storing a unique identification number, networked RFID readers, and data processing systems that are capable of collecting signals from multiple tags at high speeds and of pre-processing this data, and one or more networked databases that store the product information. In a typical RFID system, the tag and the reader communicate information between one another via radio waves. When a tagged object enters the readability zone of a reader, the reader signals the tag to transmit its stored data. Once the data on the tag are received by the reader, the information is relayed back to the computer via a network interface. The computer can then use that information for a variety of purposes. For instance, the computer could use the data to simply inventory the object in aShow MoreRelated Using RFID Technology to Replace Bar Codes and Scanners in the Harley-Davidson Company1720 Words   |  7 Pagesimplementing RFID technology as a means of increasing the efficiency of all parts of its supply chain. An abstract from Columbia Electronic Encyclopedia describes Radio-frequency identification (RFID), as a technology that uses radio waves to transmit data and uniquely identify an animal, person or thing. This case study looks at the potential use of RFID techn ology to replace bar codes and scanners in Harley-Davidson supply chain. It indentifies some pros and cons of its implementation and addresses the questionRead MoreAdvanced Technology And Supply Chain Management1434 Words   |  6 Pagesplanning of resources and optimizing the processes of the company and profit. The purpose of this research report is to explore one technology that has made a great impact on the supply chain and is increasingly becoming more popular. The Radio Frequency Identification (RFID) as an advanced technology in supply chain management is the technological solution most firms are looking at these days. RFID Technology is a smarter way to track shipments, time deliveries, and keep inventories which in turn makesRead MoreWalmart Smart Inventory System Essay1302 Words   |  6 Pageson their Inventory System. Wal-mart, the wholesale retail monopoly, focused on developing an RFID-based electronic product code, or EPC. The electronic code would allow businesse s to track shipments and inventory automatically through a system of tags and sensors. It was a potential replacement for the manual scanning of bar codes, a technology that itself revolutionized retail two decades earlier. Given the nearly non-existent cost of bar codes relative to RFID, several in the industry said,  theRead MoreINTRODUCTION Technology is always evolving and developing and sometimes this development takes a1700 Words   |  7 Pagesis always evolving and developing and sometimes this development takes a leap forward which is beyond comparison and magnitude. A case in point is Radio Frequency Identification (RFID) systems invented in the 1960’s for the purpose of repeated data capture dependent on transmissions of the range of radio frequency to recognize objects. Radio Frequency Identification (RFID) is based on the principle of using electromagnetic energy for communication among devices. The two essential components, a transponderRead MoreAbstract Of Electromagnetic Automatic Checkout System Essay3082 Words   |  13 Pagesself-checkout system for providing collective information systems with the identity of each physical item carrying Radio Frequency Identification (RFID) technology in the supply chain in an automated and timely manner. The real time availability of item identity allows the i tems to be scanned and checked out for a faster, more accurately and an automatized service, leading to increase timeliness. In the context of supply chain operations, universal introduction of such system shows a major probabilityRead MoreThe Tactical Value Of Rfid2080 Words   |  9 Pagesgap exists between the actual and potential values of radio frequency identification (RFID) technology in supply chain industry. This paper provides understanding into the tactical value of RFID by building a concept on how RFID used in supply chain management may create and withstand a competitive advantage. This reading uses a simulation model to determine the anticipated benefits of an integrated RFID system on a three-echelon supply chain attained through performance increases in efficiency,Read MoreRfid For A Integrated Rfid Supply Chain2208 Words   |  9 PagesRFID in supply chain Professor : Erick C. Jones Critical thinking #1 Due date : 06/19/15 Koppolu vijaya Krishna 1001100528 Abstract Academic researchers have recognised a gap exists between the actual and potential values of radio frequency identification (RFID) technology in supply chain industry. This paper provides understanding into the tactical value of RFID by building a concept on how RFID used in supply chain management may create and withstand a competitive advantage. This readingRead MoreRadio Frequency Identification And Wireless Sensor Networks Essay1698 Words   |  7 PagesAbstract—Radio Frequency Identification (RFID) and Wireless Sensor Networks (WSNs) are two significant wireless technologies. RFID and WSNs are well known both identification and data transmission they are widely used in applications for environmental and health monitoring. Though the integration of RFID and WSNs fascinates little attention from the research community. In this paper, a Hybrid RFID and WSN system (HRW) that cooperatively integrates the traditional RFID and WSN systems for efficientRead MoreBenefits And Chal lenges Of Using Rfid And Will Touch Upon The Potential Changes It Has Brought And Can Bring1517 Words   |  7 Pagesto affix Radio Frequency IDentification (RFID) tags on all delivery cases and pallets by 1 Jan 2005 (Tirschwell, 2003). Wal-Mart began receiving RFID tagged delivery cases and pallets on April 30, 2004 (Roberti, 2004). Since then RFID has been explored and implemented intensively in Walmart and other industries such as medical care, asset tracking, warehouse management and retail. Pretty soon, it will be accepted more widely and will impact positively on role and importance of supply chain managementRead MoreRadio Frequency Identification : Applications2626 Words   |  11 PagesJosh Myers English 102 Kearney Monday @ 7:00 PM First Draft Radio Frequency Identification: Applications in Healthcare Have you ever had your identity stolen? In today’s Information Age, data security breaches and identity theft are becoming a much more prevalent crime. According to NBC news, there were over 12.6 million reported cases of identity theft in the United States alone in 2012. When broken down that is 35,000 cases of identity theft each day! The repercussions of this for the victim can