rfid in retail supply chain

Essay specific features

 

Issue:

Business

 

Written by:

John B

 

Date added:

August 2, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 509

 

Was viewed:

6618 times

 

Rating of current essay:

 
Essay content:

Today the supply chain is the backbone of all the retail giants, be it Benetton, Zara, Hennes & Mauritz, Wal-Mart, Big Bazaar, Spencer, Shoppers Stop, etc. But owing to problems like stock-outs, lost sales, delayed shipments, production slowdowns, excess buffer inventory, shrinkage and billing delays, etc...
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the management seems to be missing from supply chain management(SCM). What comes to the rescue of SCM is Radio frequency identification (RFID), a term describing technologies that use radio frequencies to identify objects. This is the latest technology that is making headlines in the Supply Chain network...
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