Question

What are the advantages and disadvantages of RFID?

What do you think will be the impact of RFID on electronic commerce?

Why do you think the focus of RFID should be on the supply chain?

Answer 1

RFID stands for- Radio Frequency identification.

Advantages:

• RFID tags are very simple to install/inject inside the body of animals, thus helping to keep a track on them.
• The RFID tags can store data up to 2 KB.
• RFID technology can not be easily replicated and therefore, it increases he security of the product.

Dis-Advantages:

• it is difficult to an RFID reader to read the information in case of RFID tags installed in liquids and metal product.
• RFID technology has been referred to as invasive technology.
• many countries have different range of frequencies that allow RFID tags to function.
• RFID is more expensive than others.

Impact of RFID on E-Commerce

Based on the empirical data gathered from interrelated firms of supply chain, several scenarios integrated the RFID-EPC(Electronic Product Code) network have been tested in a pilot project and evaluated, Through a business process approach the results indicated that

1. This approach seems appropriate to capture he potential of RFID-EPC network.
2. The RFID-EPC network can improve he "shipping" "receiving" and "put-away" processes.
3. These technologies can cancel,automate, or automatically trigger some business processes.
4. They foster a high level of information sharing/synchronization between supply chain members.
5. They require to be integrated in a wider strategy.

RFID on Supply chain

RFID technology is a significant step towards transforming global supply chain automation and visibility. RFID has major impact across supply chain and logistic industry. such includes:

• Internet of things
• Verification of original products
• Sharing information between partners
• Distribution centers and warehouses

RFID is a beneficial from start to end for users, it basically helps the company keep track of all activities happening.