Qrb/501 Week 2

Given the facts in the case and as outlined in more detail in this case study, it is our recommendation that Mierdorf and Wolfram move to the case level RFID tagging process. The improvements up and down the supply chain in accuracy, inventory control, reduced labor costs are enough to at least continue with the RFID

A) Calculate Gateway, Inc.’s working capital, current ratio, and acid-test ratio at December 31, 1999, and 1998.

The RFID is considered a significant improvement over the conventional barcode, which needs to be read by scanners in "line-of-sight" fashion and can be stripped away if the paper product labels get ripped or damaged. RFID can also facilitate inter-organizational E-commerce initiatives such as continuous replenishment or vendor-managed inventories (Smaros and Holmstrom, 2000).

Radio Frequency Identification is the use of radio frequency waves to remotely identify material. It is primarily used in supply chain management but can be used in other areas. Used as a tracking tool, RFID keeps track of material in the transportation pipeline enabling users to have real time tracking information throughout the entire shipping process. Inventory management is another important logistics element that is enhanced with the use of RFID. The goal of an inventory manager is to maintain a 100% inventory and RFID makes the process more efficient. RFID allows the user to perform inventories with ease and accuracy while reducing the number of people needed to perform the inventory. In addition to assisting with inventory RFID

RFID was invented in Soviet Union in 1945 by inventor Leon Theremin. The main use for RFID during 1945, was to track audio information and sounds to identify if aircrafts was friend or foes of the Soviets in World War II. Once the World War was over, similar technology started to be developed such as IFF transponder, Automatic Identification and Data capture (AIDC), and Passive Reader Active Tag and much more. In modern times, RFID is used in many ways, for example in keep track of good in stores, collecting toll payments without contact, and keep track of bagging at the airport. Have you ever bought an item inside a store and wondering what happens when the cashier scans the barcode? This is RFID’s Active Reader Active Tag at work, it’s a system that use tags to transmit signals and reply once the information is received from the item scanned. In addition, Passive Reader Active Tag (PRAT) is often used in stores as well by overnight stockers and inventory staff. PRAT allows the user to scan barcodes to keep track of inventory in store, as well as order inventory. RFID has increased in applications outside of retail store chains many common ones such as badges need to access building doors, lock on newer vehicles car doors and commutation devices.

RFID technology can offer many advantages to suppliers, retailers, and consumers including “improved accuracy in managing inventory, improved visibility of orders and inventory, reduced costs for logistical operations, improved customer service, improved security, and improved efficiency of business operations” (Park et al. 2010, p. 684).

RFID consist of a tag made up of microchips or a reader with an antenna. The reader sends out some magnetic wave. The tag antenna then receives this waves. Then the RFID tag draws power from the field created by the reader and it use it to power the microchip’s circuit. The chip then modulates the waves back to the reader which converts the waves to a digital data. The cost of a RFID is not quoted because pricing is based on volume.

RFID is a large industry, with applications in identification, payment, access control, and more. In 2014 the world market for RFID was estimated to be US$8.89 billion, in 2026, it is predicted to reach US$18.68 billion (Das, 2017). However, as more uses become apparent and the technology continues to develop it is possible that the industry will grow at an even greater rate than projected. RFID has become more prevalent in modern society due to RFID tags becoming more economically viable; in 2003, a passive tag was estimated to cost $1, while in 2013, it was only $0.10, thus more widespread implementation of RFID is possible, as it becomes less expensive. (Thau, 2017).

Radio Frequency Identification (RFID) is a technology which makes use of radio waves to recognize devices or persons. In RFID machine is used that look through data carried in a wireless object or tag from an interspace without creating any physical interaction or demanding a line of sight. RFID is working by means of a microchip and an antenna. RFID technic is originated in the 1970s. RFID systems have a variation of applications, containing planning and observing the spot of persons and goods. Customers are probable to interrelate thru RFID network in stores that affix a tiny RFID transponder to manufactured goods, just as a laptop or other gadgets. The RFID transponder contains a chip that has data about the goods, and an antenna

RFID tags are an acronym for Radio Frequency IDentification and although can be used and applied for a multitude of purposes in the world, the greater majority of them are used to prevent theft at the supermarket or department store. However, some progress had been made in the field of electronic management, of the most notable being embedded inside a library book’s cover in order to automatically check it out to the patron to injecting the rice-sized tag into a pet or human to identify its location. The benefits of this tag are great though, much more than exploited. The RFID system contains of two primary components: the transmitter and the receiver which operate per the name by the former transmitting radio signals and the latter receiving them. The radio signals used are similar to

RFID (radio frequency identification) uses radio waves to transmit information between RFID tags (chips) and RFID readers (What is RFID?, n.d.). There are two basic types of RFID tags. Active tags are larger and more expensive because they require an independent power supply to function, passive tags are cheaper, smaller and do not need a separate power supply (The Different Types of RFID Systems, n.d.). Initially, we will be implementing the use of passive RFID tags, which will help control the costs of this project. Once the RFID project is functioning according to our expectations, we will expand our RFID system to include the use of active RFID tags. The implementation of RFID technology will require a significant financial investment for a system-wide implementation. Depending upon the extent of our investment in RFID technology, we could enhance our control of access to certain areas, improve inventory management, and monitor our patients ' movements throughout our RFID-equipped facilities (Niles, 2015, p. 384)

Radio-frequency identification (RFID) uses electromagnetic fields to automatically identify and track tags attached to objects. The tags have stored electronical information. Generally speaking, there are two types of RFID tags, passive tag and active tag. Passive tags collect energy from a nearby RFID reader 's radio waves. Active tags have a local power pack unit such as a battery and may operate at hundreds of meters away from the RFID reader. RFID technology was first used during in 1940s, in World War II RFID was used to identify aero planes. The goal was to use the aero plane 's radar signal to read an ID number in order to confirm whether they were allies or enemies. As time goes by, RFID technologies are now widely used in almost all industrial sectors, for example aerospace, automotive, logistics, transport, health, life, etc. In our following report, we will discuss the technologies used in RFID, differences between Barcoding and RFID, current bottlenecks of RFID development, and visions of RFID usage in the future.

The history of RFID can be traced back to the times of World War-II. However, the first practical application of this technology could be found in USA where Mario W. Cardullo received the first patent for an active RFID tag with rewritable memory on 23rd January, 1973.

This study gives an insight into the issues with application of RFID technology in administration of assembling and supply chain. In assembling, commonplace application focuses of RFID appear to be associated with different purposes in warehouse management, process administration, and supply chain management. Also, assembling tools and instruments can be controlled with the help of RFID. Supply chain management can likewise be seen on a bigger scale as life cycle administration, in which the item can be observed or controlled after it is conveyed to its last client. Right now,

Radio-frequency identification (RFID) is the remote utilization of electromagnetic fields to exchange information, for the reasons of consequently recognizing and following labels joined to protests. The labels contain electronically put away data. RFID utilizes Radio frequency to distinguish and track "labeled" things. This information is then gathered and transmitted to a host framework utilizing a RF Reader. The data transmitted by the tag may provide identification or location information, or specifics about the product tagged, such as price, color, date of purchase, etc.