Dissertation(To understand the relationship between RFID and Real Time Supply Chain Visibility)Student Name: Student ID: Course Name: Course ID:Faculty Name: University Name:
IntroductionThe focus of this paper is to understand or investigate the relationship between RFID and the real time supply chain visibility. RFID refers to Radio Frequency Identification. Companies around the world are operating in fasts changing environment and more stakeholders are engaging with each other on daily basis. The major challenge the companies are facing nowadays is to handle the increased amount of information (Christopher, 2000). The identification of right information and interpretation of them to make appropriate decisions has become challenging. However, if the organizations that are engaged in the supply chain activities gain and use information effectively and efficiently, then it is likely that the quality of the supply chain will improve along with the cost of conducting the supply chain activities.The supply chain visibility has been identified as one of the supply chain aspects that is beingconsidered as the popular method to handle the challenge that is being faced by the organizations. The researchers have stated that the increased information visibility is likely toimprove the supply chain management. The involvement of technology with the supply chainis one of the aspects that can help in improving the supply chain visibility. Technologies are constantly improving and the organizations are adopting these with faster pace than before. It has been identified that now the organizations are willing to adopt the technology in various functions whether it is managing the manufacturing of consumer products, handling the customers on daily basis or managing the employees within the organization. The focus of this research paper will be to understand and analyse Radio Frequency Identification technology that is likely to assist in effectively managing the supply chain by improving the tracking ability. The RFID technology can be utilized in the tracking of product transportation, shipment tracking, and effective management of inventories (Michael & McCathie, 2005). This improved tracking ability directly converts to the efficient
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