Rfid Tags And The Checkout Counter Have Rfid

RFID systems are currently being used in manufacturing plants to track parts, stay informed of work in progress, reduce product defects, increase throughput, and manage production of given products. Big name retailers such as Best Buy, Metro, Target, Albertson’s, Hewlett Packard, and Wal-Mart are leading the way in implementing RFID systems. These retailers recognize the need to improve inventory efficiency, ensure products are available to customers as needed, decrease theft, and cut down on costs associated with tracking and processing inventory.

Wal-Mart currently has one of the most advanced inventory management systems due to their use of RFID tracking capabilities. Every product is equipped with a radio frequency identification tag, which identifies the location and type of product in the warehouse. As the product leaves the warehouses, there are readers in place at the door that automatically recognize which products are leaving and entering the warehouse. The benefit of this is that it limits the use of employees better employed elsewhere and has impeccable accuracy, much more accurate and faster than if employees were to take inventory. The service that our product provides is to take this current technology and to implement it at a grocery stores as well as retail in the

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

Another important fact is supplier involvement with RFID implementation. Walmart’s top 300 suppliers are required to put the tags on products, if they want to conduct business at Walmart. The average cost per tag is less than 20 cents. Supplier’s using the tag’s benefit by communicating immediate information to the retailer and product manufactures giving Walmart the competitive leverage in retail industry by inventory control. RFID implementation benefits the entire logistics operation and supply chain management.

Radio Frequency Identification Devices (RFID) have been used in the retail industry for more than fifty years as an inventory assessment application tracking product sales and distribution data for goods and services. Current trends of RFID for this industry have been favorable for hi-tech state-of-the-art industries, yet in the past years to 2014 device prices have fallen at an estimated average annual 5.3% primarily due to its characteristic as a "throwaway" inventory or control device. This market segment uses tags or labels, which are scanned and ultimately leave the store with the consumer, eventually disposing of the empty carton or used product. Retailer’s using this application method require multiple components and suppliers are

INTRODUCTION: In June 2003 Wal-Mart first announced its plan to implement RFID technology in its supply chain by January 2005; this caught many of the suppliers unawares. Though the plans envisaged compliance from the top 100 suppliers, around 129 suppliers jumped into the fray, afraid of being left behind in the race. RFID technology was invented in 1969 and patented in 1973; after thirty long years WalMart has demanded its implementation. Expectations are high, unfortunately RFID technology is still in its infant stage.

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).

These devices are imperative for global supply chains. The farther the goods are from the final endpoint, the riskier its arrival. Before RFID scans, supply chain managers took inventory weekly or monthly to track sales and supplies. Now, many companies like Wal-Mart track their products with RFID technology. The RFID readers’ purpose is to cross-examine RFID. Advantages and Disadvantages of GSCM

Shopping seems to be a good entertainment. But the huge queue in the supermarkets to scan the products frustrates the customers . Barcode scanning is a time consuming process engaging the customers to stick to the billing section for a long time. Hence there is a need to switch to a Radio Frequency Identification (RFID) system for smart purchase and instant billing .

RFID technology is not only used at gas stations, restaurants, and department but also at

In the current times, radio frequency identification technology has upgraded from anonymity into applications that are rather used normally and as a consequence has helped in the acceleration of manufactured materials' handling (Want, 2006). There are several uses of RFID in various sectors. However, this paper will only deal with its uses in the transportation sector and how effectively this modern technology has helped in the growth of business and ease for people all over the world.

RFID has been used as an eventual successor to the barcode for tracking an individual unit of goods. RFID does not require direct line of sight to read a tag, and information on the tag is updatable. An RFID solution consists of four parts: the tag, reader, communication network and RFID software. The tag consists of a computer chip and an antenna for wireless communication with the handheld or fixed-position RFID reader, and the communication network connects the readers to transmit inventory information to the enterprise information system. The RFID software manages the collection, synchronization and communication of the data with warehouse management, ERP and supply-chain planning systems and

The purpose of this recommendation report is to determine what benefits radio frequency identification can add to our company. Many people think of RFID technology as a futuristic sci-fi way of tracking people and holding personal information. But RFID technology has become more common and has many applications this day in age. After researching the latest RFID technology, I have determined that it would help to cut costs in man hours and organizing products. We spend tons of money checking products and materials into inventory and tracking them through manual methods. Why do this when we can automate a system and cut that time to just a fraction of manual ways? My research has shown that many quality and efficiency leaders of the world have chosen to go to this system because of the benefits it provides. Right now we have ten technicians who receive completed outgoing products, count them, and input them into our inventory tracking spreadsheet. Now imagine one technician doing the same amount of work. They can walk up to a pallet of materials and can read what and how many products are on the pallet instantly. No counting, no sorting, and no manual adding of the materials would be required. In order to achieve this, we would need to do nothing more than buy RFID scanners, and add an RFID chip to the completed product.

RFID can improve the supply chain process to a great extent in spite of the technological and social difficulties faced by the end user. RFID can help the implementation of the innovative processes like the Supply chain event management, corporate planning, forecasting and replenishment. RFID accelerates the processes of Supply Chain but at the same time increase the requirements between suppliers and retailers.

Supply chain management a major sector in almost all the product and service based organizations mean that managing the flow of goods, cash and information internally or externally and within an organization or group of organizations that follow same value chain. There are many existing technologies and also emerging technologies in the field of supply chain management. The gist of the paper is Radio Frequency Identification (RFID) tags an emerging technology in supply chain management and how it can be implemented or developed more effectively so that there can be an increase in the efficiency of supply chain management system. These