The combination of EPC and RFID taken together are providing the foundation of value chain efficiency and profitable operation across many industries, with retailing being one of the most rapid adopters (Trunick, 2005). Wal-Mart's pilot in 2004 of its top 100 suppliers further legitimized the use of EPC codes in RFID pilots and discovered that mixed-pallet mode shipping was even more cost-effective than large-scale logistics and supplier enablement (Khanna, 2006). Since 2004 to today, Wal-Mart has continually championed the use of RFID across its global supply chain to reduce inventory carrying costs and also increase the efficiency of its massive distribution centers. While its competitors continue to challenge its pricing strategies and programs, Wal-Mart continues to dominate the financial metrics of performance that matter most. The legacy of Wal-Mart's expertise in analytics and the ability to quickly parse trends out of complex data sets also made the integrated of RFID data easier to accomplish than many of its competitors as well (Krishnamurthi, 2001). Due to all of these factors and the rapid integration of RFID as a core technology for automating and bringing greater clarity to the value chains of enterprises, analysts predict that the $233 million spent in 2006 will grow to $874 million by 2011 (Trebilcock, 2007). An additional aspect of RFID implementation today is the pervasive benefits occurring for manufacturers, logistics providers and retailers. Table 1, RFID Benefits for Supply Chain Partners provides an overview of the many contributions RFID is making within enterprises with specific focus on...
those who have distribution- and logistics-centric business models.The greater the functionality of the tag the higher the frequency required to communicate the contents of it, hence the spectrum of frequencies shown in Figure 3, Comparison of RFID Frequencies. Figure 3: Comparison of RFID Frequencies Sources: (Cheung, Chu, Du, 2009) (Wang, Wang, 2009) The greater the frequency of a given set of tags the greater the flexibility and the more data they are often capable of storing, capturing as they
Wireless Broadband Technology Overview of Wireless technology Presently it is quite evident to come across functioning of a sort of wireless technology in the form of mobile phone, a Palm pilot, a smart phone etc. With the inception of fast connectivity in the sphere of commerce it is customary and useful to operate from central locations communicating with the remote branches, conducting conferences in remote places, discussing with every body at every
Mobile Computing: A Disruptive Innovation Whose Time Has Come The pervasive adoption of mobile computing devices, combined with cloud computing and the quantum gains in application software are creating a globally diverse collaborative platform. These elements taken together are deliver an exceptionally fast and pervasive level of disruptive innovation across all sociocultural and technology sectors (Bernoff, Li, 2008). The impact of this disruptive innovation is so significant that IT departments have
These technologies will need to be integrated into collaborative supply chain processes that will need to be put into place first however. The use of RFID as a tracking technology will also help to alleviate out-of-stocks as perishable products that have a relatively high level of orders will trigger re-orders in real-time, alleviating the need to re-order manually. RFID will also make it possible to create more effective audit
Improvement of Supply Chain Management Tools and Processes for Ultimate Strategic Achievement of Success in Military and Civil Business Today, both public and private sector organisations of all sizes and types are faced with the same need to optimize their supply chain management processes to the maximum extent possible in order to achieve and sustain high levels of performance and productivity. Because supply chain management systems are frequently highly complex,
It presumes interacting elements in non-deterministic systems, which possess the capability and possibility to render decisions independently." (Bose & Windt) "Sensor networks and pervasive networking approaches are also of high interest to the mobile industry. Context aware applications using mobile devices with dynamically varying service platforms are currently under investigation by mobile operators." (Buckley, 2006) "Growing demand for radio usage implies either the spread of unlicensed bands in breadth
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