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RFID - Technology Structure, Logistics Management Video Lecture | Logistics Management - B Com

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FAQs on RFID - Technology Structure, Logistics Management Video Lecture - Logistics Management - B Com

1. What is RFID technology and how does it work?
Ans. RFID stands for Radio Frequency Identification. It is a technology that uses radio waves to automatically identify and track objects. RFID systems consist of tags, readers, and a backend system. The tags contain a unique identifier and can be attached to or embedded in objects. The readers emit radio waves and capture the tag's information when it is within range. This information is then transmitted to the backend system for processing and analysis.
2. How is RFID technology used in logistics management?
Ans. RFID technology is used in logistics management to improve visibility and efficiency in supply chains. It allows for real-time tracking and monitoring of inventory, assets, and shipments. RFID tags can be attached to products, pallets, or containers, enabling automated data capture during various stages of the logistics process. This data can be utilized to optimize inventory management, reduce errors, enhance security, and streamline operations.
3. What are the benefits of implementing RFID technology in logistics management?
Ans. Implementing RFID technology in logistics management offers several benefits. It provides accurate and real-time visibility of inventory, allowing for improved demand forecasting and inventory replenishment. It enables faster and more efficient order fulfillment, reducing delivery lead times and enhancing customer satisfaction. RFID also helps in reducing errors and losses, improving security, automating data capture, and optimizing overall supply chain operations.
4. Are there any challenges or limitations associated with RFID technology in logistics management?
Ans. Yes, there are some challenges and limitations associated with RFID technology in logistics management. One challenge is the initial investment required for implementing RFID infrastructure, including tags, readers, and backend systems. Integration with existing IT systems can also be complex. Additionally, RFID performance can be affected by environmental factors such as interference, metal, or liquids. Ensuring compatibility and standardization across different supply chain partners can also pose challenges.
5. How does RFID technology enhance supply chain visibility and traceability?
Ans. RFID technology enhances supply chain visibility and traceability by providing real-time and accurate data on the location and status of goods. RFID tags can be read without line-of-sight, enabling automated and continuous tracking throughout the supply chain. This visibility allows for better inventory management, improved coordination among supply chain partners, and faster response to disruptions or delays. It also enables traceability by recording the movement and handling of products, facilitating recalls, quality control, and compliance with regulations.
34 videos|29 docs|10 tests
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