Effects of RFID Practices and Advantages

Realizing Efficiency and Enhanced Safety through RFID Practices

Abstract

RFID technology may have multiple applications inside a business. The cumulative effect of allthese solutions is greater operational and supply chain management productivity. However, when appliedto WIP management, WHS management, and inventory management, it may aid firms in keeping bettertrack of their inventories. Different sets of characteristics led to diverse behaviors and advantages, asdetermined by the research. However, the deployment of RFID technology will increase operationalefficiency and supply chain management effectiveness. Consequently, firms that utilize RFID technologyincrease their operational efficiency. The most striking outcome of this study is that it is possible to savemoney through theft prevention and safety enhancements. Additionally, the majority of businesses findimprovements in operational efficiency and inventory management. All of the best practices for usingRFID stem from the desire of businesses to gain the same benefits from RFID as their competitors.