identify a major enhancement in the field of Supply Chain Management How has it changed the...

identify a major enhancement in the field of Supply Chain Management

How has it changed the industry for better?
Any future enhancements you could see from this technology or process.

Expert Solution

In the field of Supply Chain Management, RFID has served the purpose of Control systems at work very efficiently and this, I feel, is one of the major enhancements in the field. Radio-frequency identification (RFID) has a very significant role to play in Supply Chain Management because the RFID chips are used to transfer the data between such chips using a wireless form of communication system, which in turn, facilitates the flow of goods efficiently in the following ways:

When the transported goods are to be delivered urgently, then RFID technology could be used to resort to the fastest toll booth lane in order to reach the destination faster, with a deduction of certain dollars from the account to avail such a privilege.
Aids in tracking the shipped items on real time in the Supply Chain network.
Further, the role of RFID chip is extremely important in Supply Chain when a certain truck is loaded with goods and once the goods are delivered, this chip helps to identify how much of the goods are loaded in the truck and out of it, how much is unloaded upon delivery or removed.
When the contents of the boxes are tagged with RFID chips, then the moment those boxes are delivered to the customers or clients in the Logistics network, such customers or clients would be instantly in the position to identify all the contents within those boxes.
When these RFID tags are zoomed under the scanner, there could be an instant inventory count in the system with further details of the stock, thereby making the RFID tags very suitable even for the small and medium scale businesses, to maintain the accuracy check of the inventory.
When the end-users are happy with the Supply Chain network in place, the customer service activity is a pleasant experience to both the parties

In future, I feel, with the massive growth of Big data, the same could be utilized in Supply chain management’s technology and processes in an important way and hence that is the enhancement that I anticipate in future.

keosha answered 2 months ago

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