Moreover, RFID technology has proven useful in other respects, such as ensuring the proper temperature of frozen and refrigerated goods in transit and even by facilitating the coordination of emergency supplies during disaster responses on the part of the federal government (Gordon, 2006).
In fact, the ability of RFID to monitor other variables besides geographical location suggests additional valuable applications such as the incorporation into manufacturing processes. For example, (as in the case of transporting refrigerated goods), temperature can be monitored and adjusted automatically, improving the quality and safety of everything from crucial medical supplies to pop tarts.
Furthermore, potential cost savings provided by RFID technology transcend the realm of production and supply chain management. Shippers can monitor compliance on the part of their truckers with speed limits and route restrictions, thereby saving additionally on the cost of insuring their employees and equipment, by virtue of the increased ability that RFID units attached to vehicles allow supervisors and safety administrators to ensure compliance with policies and procedures in addition to statutory restrictions. Beyond lowering the costs of insurance premiums, these applications also produce savings by reducing both the likelihood and the severity of accidents in transit (Chatur, 2006).
Q3. Given the current, rapidly changing logistics environment, to what extent do you think a company can afford to "go it alone" when making choices about managing its inventory and production?
In terms of large, highly competitive industries where one competitor fails to incorporate RFID technology while another does, it is likely that the cost savings difference attributable to RFID use could easily make a substantial difference. In some cases, it could conceivably make the difference between profitability and liability, particularly in industries with low profit margins. To the extent that fuel costs are a factor, the comparative savings offered by RFID system technology in shipping and inventory storage could...
137). Across the board, then, technological innovations will not only be a key driver of business in the coming decade, they will also facilitate the effects of the other key drivers of business discussed herein. For instance, the editors of World Economic Outlook (2002) point out that, "More trade integration is usually associated with more international financial integration, as they respond to many of the same technological and policy
Brix can use NTP, but in our testing its active Verifiers employed small Code Division Multiple Access receivers, which receive timing signals similar to what is used for cellular telephony. Most vendors also support an option for satellite-based global positioning system (GPS) receivers" (22). Conclusion The research showed that Network Time Protocol is a longstanding Internet protocol that is used to ensure the accurate synchronization to the millisecond of computer clock
The Federal Communications Commission assigns each station to its place on the band of frequencies, and personal radios can pick up these signals when they are tuned to the correct frequencies (Brain nd). FM radio differs from AM radio not only in the frequencies used, but also in clarity. Because of this clarity, listeners soon began to realize that they could listen to music in a much more positive fashion.
Adoption Of Social Media by Small Business and Entrepreneurs in the Gulf Region The internet technology has revolutionized the communication landscape among businesses in both developed and emerging economies because of the unprecedented growth of the social media. Social media is an interactive technology system that business and people use to collaborate, connect, and create personal and business profiles. A growing consensus among marketing professionals, business and academic communities shows
business2community.com/social-media/2012s-ten-worst-social-media-Disaster-0370309 Using contemporary illustrative examples from academic literature and reputable business publications, discuss the concept of "Social Business" and the resultant opportunity and challenges that are currently being faced by the retail industry globally. Concept of Social Business Concept of Social Business with Retailers Social Media and Retailing Best Practices in Administering Social Media There is a growing body of research that confirms that companies of all sizes and types can realize a wide array
Sirius and XM Satellite Radio Satellite radio has emerged in the past few years as the hot new trend in broadcasting. Operating similar to DirecTV, satellite radio companies bounce their signals off satellites to beam high-quality digital service coast-to-coast, offering exclusive ad-free programming. Satellite radio offers listeners the opportunity to hear any show anywhere in the United States, combining the benefits of premium quality sound and convenience when traveling on
Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.
Get Started Now