Publication

Abstract : RFID is a powerful technology that provides enterprises with improved inventory tracking, transparency, and visibility, thereby enhancing operational efficiency and better engagement and dialog with shipping channels and storage depots. RFID helps enterprises to attain just in time (JIT), vendor managed inventory (VMI), or zero inventory levels. This paper explores the current state of affairs with respect to technology of RFID and its current usage in diverse application domains and contexts of supply chain. Information is vital for decision support and the quality of this information is emerging as the most vital metric to measure supply chain performance. RFID provides supply chain managers with accurate, actionable, and timely information for decision support. Various implementation barriers and RFID adoption challenges are discussed. Successful demonstrations of RFID usage for supply chain activities by progressive companies are showcased. By providing a glimpse into the immense business value and wide-ranging strategic advantages of using RFID for supply chain management, the paper exhorts companies to tap the vast potential of this exciting and promising technology. Integration of RFID within emerging trends like Internet of things and social media analytics and cloud (SMAC) technologies is the future research direction of this technology. © Springer Science+Business Media Singapore 2016.