RFID Reshapes the Global Supply Chain
Tuesday, March 1 2005
EXECUTIVE SUMMARY
An efficiently managed supply chain provides a competitive business advantage, but it requires a robust information technology infrastructure. Perhaps the most influential technology on the forefront of supply chain improvement is radio-frequency identification, which promises to give organizations the need for lower inventory levels and a host of additional benefits.
IMAGE PHOTOGRAPH 1The need to compete effectively and even emerge with a distinct competitive advantage has forced companies to look continuously for ways of improving their efficiency. One major issue in this regard is supply chain management. A closer study of most successful businesses reveals that effective management of the supply chain is often cited as the most important reason for success. Indeed, efficient supply chain management not only offers sourcing, warehousing, and distributing products to cope with uncertain demand, but it also dramatically improves quality, customer responsiveness, operational efficiency, and the bottom line.
