Notes On Supply Chain Management - 1469 Words

Contents Introduction 2 Supply Chain Management: 2 RFDI- Radio Frequency Identification 3 Types of RFID’s 4 History 4 Barcodes RFID 5 Supply Chain RFID 6 Applications of RFID’s 6 Barriers in adoption of RFID’s 7 Future innovative uses 8 Conclusion Way forward 8 Bibliography 9 RFID: An overview from SCM perspective Introduction With exponentially increasing globalization, industries are facing huge challenges in terms of supply chain management. Everything has to be connected to each other and proper information has to be available to take cost saving decisions. Industries right from retail to manufacturing plants to pharmaceutical sectors to animal habitats to defence industry, what not!!! Every industry needs†¦show more content†¦Decisions based solely on sales data without understanding the real time inventory levels and taking supply chain decisions. 3. Level of communications about products is key determinant of success of any supply chain. 4. Proper review of lead times burst capacity, standard capacity quick turnaround capabilities with their suppliers to ensure suppliers capabilities. 5. Involvement of many companies makes supply chain management very complex. Proper care has to be taken to deal with all the parties involved because failure to implement the same is visible to all trading partners. The complex process can be understood from following picture: RFDI- Radio Frequency Identification To deal with problems posed by supply chain issues, exceptional technologies are needed. One such technology is RFID which is an acronym of Radio Frequency Identification. RFID technology is a means of gathering data about a certain item and doesn’t need to see or touch the data reader. It uses the inductive coupling or electromagnetic waves. This technology has unlimited possibilities for connected devices around us right from goods, animals, gates, containers, machines even human are tagged through RFID’s. (ILIE-ZUDOR, 2006) Types of RFID’s Various types of RFID’s- 1. Passive RFID’s: No battery and internal power supply system, small, light, stores very small amount of data, the cheapest form of RFID, read only, writes only