Wednesday, December 5, 2007
Chapter 4
I like how the book explained RFID because I feel that RFID is the wave of the future in shipment tracking. It is just a fool proof technology in my opinion. As someone that is looking to get into purchasing and supply chain management (yeah, I know..... I'm a boring person), I find this technology to be great! It allows you to track your shipments anywhere they are in the world as long as they are within distance to a reader and a computer. If you keep multiple readers in a warehouse or a truck/train that are all connected to a computer network, you can find your products anywhere in the world. It's like the IBM help desk commercial where the lady says that she can see that the truck is lost. It would be great to be able to track your products in real time. Another benefit is that RFID tags are going to be getting super cheap and are small enough to hide anywhere in the packaging of the product. It is the wave of the future..... I guarantee it!
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Patrick, I agree that RFID technology can be very beneficial for businesses in tracking products. In addition to tracking shipments of goods, companies can track where an item was purchased and for how much. This could be used to help deter shoplifting and employee theft by triggering an alarm if an item is leaving the store without first having gone through the register system. It also makes it convenient for consumers too because they can return products to the store without the receipt and an employee can track the purchase simply by reading the RFID information.
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