RFID
Measuring RFID's Impact on Supply Chain Performance
Of the many subsystems, processes, and procedures that enterprises rely on, supply chains are the most essential for continuing profitable operations globally. The scalability of any business is directly proportional to the accuracy, clarity and value of information shared throughout its supply chains (Boeck, Samuel, 2008). The emergent role of Radio Frequency Identification (RFID) in supply chains is proving to be a highly effective enabler of greater accuracy, efficiency and performance (Attaran, 2007). The more compliance and regulations there are in a given industry, the more effective RFID is becoming as an enabling technology of greater traceability, auditability and reporting of quality standards performance (Kumar, Swanson, Tran, 2009). Highly regulated industries that require intensive levels of reporting including healthcare are a case in point (Kumar, Swanson, Tran, 2009). The same benefits of highly regulated manufacturers of auditability and traceability also apply to business models that have an exceptional level of inventory turns and require rapid inventory transactions to drive a higher Return on Sales (ROS) (Vijayaraman, Osyk, 2006).
Best practices in RFID implementations across supply chains are increasingly relying on analytics and the generating of specific Key Performance...
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