As the CTO of a retail organization, the use of RFID technology will allow for better inventory management of stock. RFID allows better tracking of products from when it leave the warehouse until it arrives at the store. It keeps a detail log of its every movement along the way and can allow for grantee of available of stock. It can be used to keep costumers informed about something is available in the store as well as how many. By using the new technology my organization could gain a competitive advantage that others retailers do not have which will increase profit margin sine it would allow for better pricing and inventory management.…
Quad is a company which leases and services the plastic containers which are used from industries to grocers to transport the products. They are facing some difficulties with them supply chain and following processes for each container. SAVI proposes some new technologies to facilitate this tracking and the inventory management. So in my opinion, if I were SAVI, I would like to position the tracking technology to companies like Quad as a value-adding. The SAVI’s technologies will come for the other companies more like an advantage to improve their efficiency. Such technologies offer the possibilities to manage better the visibility of physical goods, to increase the supply chain efficiency and to facilitate the inventory’s management. The RFID technology adds value not only to the product but also to the QUAD Company. By using such service, they will increase the productivity and improve their products but also reduce the spendof-time. It is really a value—adding service. SAVI offers different kind of RFID tags: active or passive. The active tags are an evolution of the passive tags. They have the ability to transmit their location and other information like the time spending at the same place. Moreover they can be monitored by readers not far from them. So with all these capacities, it could be a great choice for QUAD to invest on this evolution. It will provide them more flexibility, give them the capacity to better organize them inventory and to improve the inventory…
Jack S. Cook, and Laura Cook. “RFID: Revolutionizing Inventory Management Across the Supply Chain.” APICS. http://www.apics.org/industry-content-research/industry-resources/publications-database (accessed April 4, 2014).…
Lately Conner and Martin have been working with “radio frequency identification” (RFID) technology. They have developed a detailed system designed to track inventory items using RFID tags embedded invisibly in products. This technology has numerous inventory applications in multiple industries. One of the most basic applications is tracking manufacturing components; if tagged components "go walking" (if employees attempt to take them), companies can easily track and find them. Conner and Martin have sold their system to several high-tech companies in the area. These companies have a number of government contracts that require extensive security systems to protect sensitive data from infiltration by terrorists and others. To date, CMC’s cash flow from sales and services has adequately funded its operations.…
Caton, M. (2004). RFID reshapes the supply chain. eWeek, 21(16), 45. Retrieved from MasterFILE Premier database.…
Susan Reda (2005, September). What you don 't Know About RFID! Stores, 87(9), 26-27. Retrieved July 16, 2008, from ABI/INFORM Global database. (Document ID: 895457311).…
Product/service 2 Merchants will be provided with a retailer account, an RFID reader and a point-of-sale terminal. The RFID reader will read the consumer's Dexit tag when placed in close proximity without the need of contact as needed by the debit or credit cards meaning hassle-free fast transactions. They will be provided with a user name and a password to access their accounts via internet. Transaction settlements will be executed on a daily basis by electronically transferring the funds to the merchant's account.…
The industry that our information system (IS) will focus on is retail. The information system that we will implement will be concentrating on making customer experiences better through near field technology (NFC) by using tablets. The retail industry is defined as selling consumer goods and related services through stores to the general public. This can be done in many ways using these two systems together. Near field communications, uses radio signals to communicate with people. NFC is a short range wireless Radio Frequency Identification (RFID) signal, similar to Bluetooth, which transmits signal (or information) to a receiver within range. For example, by using NFC equipped tablets at store check-outs many customers can use their electronic wallet to pay or even give store associates devices to make a sale on the spot rather than at a check-out. Also, we could connect other systems as we would with Bluetooth but it will become easier with NFC. To implement this system we will need partner companies and mobile carriers to push this technology further. In conjunction stores will adopt this technology making it the new form of payment and technology to use in the marketplace. By taking the current systems that we have now and modifying it to integrate NFC and at the same time adding new features, we can ensure a better experience than most retailers. That can help make our customers experience better while generating more revenue and cutting costs.…
Radio-frequency identification (RFID) chips are small radio-frequency electromagnetic fields that can be used in a product, animal, and humans to track location, transfer data, and to identify the object. These chips are as small as a grain of rice and can store over 2,000 bytes of data. Some chips are powered by and read at short ranges via magnetic fields (electromagnetic induction). Certain chips use a local power source like a battery and some others that don’t use a local battery get the energy from interrogating electromagnetic fields and then act as a passive transponder to emit microwaves. RFID chips have been around for a very long time, but a lot of people don’t know what they are used for and what they are used in.…
White says that he seemed to be living "a dual existence" as a father in the present and…
The retail giant Wal-Mart is based in Bentonville, Arkansas and it was founded by the late Sam Walton (1918 – 1992). In the mid 60s Sam Walton was looking at technology to use IBM mainframes to store inventory data (Wallgum, p.1, 2010). “Wal-Mart Stores Inc. built an inventory and supply chain management system that changed the face of business” (Helen, p. 38, 2002). Beginning his career in the mid 40s Sam Walton knew the importance of meeting customer’s needs and this ideology remains today. According to Berman, “Wal-Mart Senior Vice President of International Supply Chain Gary Maxwell said that understanding the customer needs is the key to designing a fluid global operation” (Berman, p. 38, 2009). In 1975, to maintain inventory control in the warehouse and distribution centers, Wal-Mart leased an IBM 370/135 system and with the use of accounting software and was able to prepare income statements for each retail location (Wallgum, p. 1, 2010).…
Radio Frequency Identification RFID is an established data-carrying technology used throughout industry. Data relating to an item is stored on a tag, which is attached to the item. The tag is activated by radio waves emitted from a reader. Once activated, the tag sends data stored in its memory relating to the item back to the reader. This data can then be shared between organizations and trading partners via the EPCglobal Network in a secure manner.…
Continuous advancements in technology offer new solutions to old problems in supply chain management as well as placing focus on the current needs of distribution in global markets. Real-time locations systems (RTLS) are among emerging technologies where “RFID is no longer considered an emerging technology. It is a proven solution with high value add and an increasingly attractive ROI, said Michael Liard, Director, AutoID for VDC Research Group.” (Zebra Technologies, 2012). Technology plays an important role in distribution where retail customers focus on inventory reduction while maintaining adequate supply to meet consumer demands. Real time information provides organizations such as Kimberly Clark with the necessary data to develop the most effective channels for distribution based on individual products and customers.…
RFID chips are a good idea in schools because they help with attendance. Paul Nicholas Boylan is an attorney. He says ¨In California, the funding of schools is based on attendance, therefore we want attendance to be as accurate as we can. If we are wrong for whatever reason, it means we are getting less than we should be getting¨ (Zetter). This means that some schools rely a lot on RFID chips to take attendance for better pay. It is pretty clear that RFID chips are good things to have in schools.…
RFID technology enables manufacturers, distributors, and retailers to identify the exact location of their goods at any point in time. And better product visibility will enable the entire supply chain to be more focused on the end…