Potential Benefits of Using RFID Technology in the Supply Chain of Grocery Retail
Although RFID (Radio Frequency Identification) has been around for
more than half a century, in the last couple of years, it seemed to
have appeared from nowhere into the spotlight as one of the hottest
technologies around especially in the field of retail logistics and
supply chain management.Over the last decade retailers have focused
on increasing the efficiency and reducing the cost of the Supply
Chain by turning to technology and innovations such as EDI, ECR
etc. That retail now tops the lists as the fastest growing RFID
economic sector is therefore not a bigsurprise. This work was
launched in an attempt to (1) explain what is it about RFID that is
so compelling that giant retailers like Wal-Mart, METRO, the DoD
and others will risk potential disruption within their Supply chain
(2) examine in detail the several potential benefits RFID offers
the supply chain of (grocery) retail (3) point out the challenges
and hurdles that still face widespread adoption. This book also
covers barcodes, mandates and standards, making it an ideal
reference for students, practitioners and instructors.