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Technology Management | "RFID Basics and Applications"

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RFID Basics and Applications

- by Narendar Lokwani *

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Front-end RFID systems can capture and report an enormous amount of data. Back-end subsystems must process the data and manage it in a way that it becomes useful information. Back-end RFID sub-systems must manage the interface to and communications with various consuming applications and processes such as inventory management and tracking, ordering, shipping and receiving.

Supply Chain Optimization Using RFID

Radio Frequency Identification (RFID) technology will enable the creation of the real-time, sensor-connected manufacturing plants. By adding RFID tags to every product, tool, resource and item of materials handling equipment, manufacturers will be able to get better demand signals from customers and the market.

RFID technology has the potential of helping retailers provide the right product at the right place at the right time, thus maximizing sales and profits. RFID provides the technology to identify uniquely each container, pallet, case and item being manufactured, shipped and sold, thus providing the building blocks for increased visibility throughout the supply chain.

One of the main drivers of RFID adoption has been the retail sector, led by Wal-Mart in the US.

RFID promises to revolutionize supply chains and bring in a new era of cost savings, efficiency and business intelligence. The potential applications are vast as it is relevant to any organization engaged in the production, movement or sale of physical goods. This includes retailers, distributors, logistics service providers, manufacturers and their entire supplier base, hospitals and pharmaceuticals companies, and the entire food chain.

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* Contributed by: -
Narendar Lokwani,
Alumni of IIM Bangalore,
Currently working as Business Development Manager at Aztecsoft, Bangalore.


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