RFID Essay [Date] [Word Count] [Name of Student] [Name of Institution] Introduction Long queues are perhaps the major challenge for both retail stores and their customers. Fortunately, long queues could be a thing of the past if retail shops deploy a technology referred to as Radio Frequency Identification (RFID) tags to replace the Universal Product Code (UPC) system currently used on consumer products…
Download file to see previous pages...
Instead, each item put in a cart is communicated to an electronic reader and rung instantly. Once the reader receives the communication about the items picked it connects to a larger network then sends the same information to the retailers and the manufacturers of the items picked. After being notified, the manufacturers and retailers inform the shopper’s bank and the cost of the goods bought are deducted from the shopper’s account. Although initially majorly used to track cattle, RFID is today used to track consumer products from the moment they are manufactured to the time they reach the shopping cart. The other uses to which the RFID technology is put include tracking airline passengers, vehicles, pets and Alzheimer's patients. Its advantages notwithstanding, RFID technologies have been criticized by privacy watchers as it may be exploited by individuals and agencies to infringe on the privacy of the public by tracking peoples’ preferences and tastes. Worth noting is that research has shown that more than 60 percent of businesses have not yet started on RFID tagging technologies. In addition, research reports indicate that even the businesses that have implemented RFID have only done so to satisfy customer compliance demands. That is, these businesss have not rolled out their RFID programs to enhance warehouse and logistics operations. Wal-Mart is one of the consumer products outlets that have previously trial to roll out a RFID program to avoid the hustling resulting from queues and other disadvantages of the Universal Product Code. This paper explores the reasons that hinder RFID deployment in Wal-Mart and the differences between the firm’s attempts to deploy the program. Wal-Mart-Case Study Wal-Mart is among the first retail outlets to try implementing RFID on its consumer goods as early as 2003. However, the plan to implement the ambitious RFID plan targeting the firm’s clothing goods would later be rolled out in 2005. First to be tagged with the Electronic Product Code (EPC) in the form of RFID in 2003 were the firm’s 3 Wal-Mart distribution centers in Texas1. Unfortunately, these plans rapidly fizzled, forcing Wal-Mart to look to other suppliers for the right value proposition. On realizing that they were absorbing the extra tagging costs, the suppliers of WalMart’s RFID tagging pushed back. Since the RFID tagging initiative by the firm seemed lacking and faced myriad challenges, it shifted its focus on other priorities such as sustainability and changes in the management of its inventory. Later, the firm would start a small scale RFID tagging at its Sam’s Club warehouse club chain where it started by tagging only at the pallet level and charged back the suppliers who did not RFID-compliance. Unfortunately, this program also flopped in early 2009. The failure of this program frustrated not only Wal-Mart but also other top level consumer goods outlets such as Procter & Gamble and Kimberly-Clark as the end-to-end supply chain visibility benefits offered by using RFID were stopped. Similarly affected were the manufacturers of RFID Tags and software firms that had rather high expectations of the Wal-Mart rollout program. Current RFID Tagging Programme There seems to be another gold-rush opportunity for these supply chain stakeholders affected by the stalling of the earlier rollout plans by
...Download file to see next pagesRead More
Cite this document
(“RFID E-Commerce Paper Essay Example | Topics and Well Written Essays - 1500 words”, n.d.)
Retrieved from https://studentshare.org/e-commerce/1455885-rfid
(RFID E-Commerce Paper Essay Example | Topics and Well Written Essays - 1500 Words)
“RFID E-Commerce Paper Essay Example | Topics and Well Written Essays - 1500 Words”, n.d. https://studentshare.org/e-commerce/1455885-rfid.
Apparently, RFID and Barcodes technologies are considered as one of the key drivers in supply chain management operations to categorize objects or merchandize at various workflow stages. In the intervening time, Biometric and Smartcard technologies are employed for access control procedures, banking and communication industry.
Internet is one of the major evolutions for the growth and development. Besides, the increasing complexities of human activities necessitate the importance of technologies. Trade and business are one of the major areas which have experienced a significant development in recent years. Providing new methods, companies can achieve better results.
Rather, it has become a necessity that is crucial for an organization to survive in today’s highly globalized market. Technology, through the two engines of computing and communication, has particularly rendered the variables of distance and time obsolete because people can now communicate, interact and access all kinds of information from anywhere and anytime.
Some of the prominent e-commerce companies are able to do this and this is making them successful, and the one company which is in the top of the list is Amazon. Amazon.com offers services for three customer sets, consumer customers, seller customers and developer customers through retail websites.
New business models inspired by the new technology break down traditional boundaries between business partners, in essence making all participants in a business transaction part of an expansive extranet. For many companies, a web site becomes one of the main tools which help to connect the organization with potential customers and suppliers.
Described as a modern barcode, RFID is a small gadget that can be detected from a distance of few meters. Another benefit is that digital inventory was made possible. It has great impact in the market because its advantages can be acquired with a relatively low price compared to the barcode, thus, there is a decrease in the cost incurred by retailers and manufacturers (RSA Security, 2004a).
Recently, RFID has found its way into Las Vegas as casinos are implanting the tags in various products. Many casinos will be using new embedded chips that can track players’ behavior, including where they were in the
All three problems were especially paralyzing to both overseas and domestic travel, on which the aviation industry live and die. With the use of planes demonstrated in the US as preferred method of terrorist attacks, air travel begun to make people nervous. SARS,
E-commerce has reduced costs and time spent of supply chain activities.
Electronic commerce is the use of technology to perform business process activities that entail the exchange of information, products and
The relevance of E-commerce as an emerging competitive strategy is evident in the discussion. A clear definition of various types of transactions that surround online application is broadly addressed with focus on its significance
1 Pages(250 words)Essay
GOT A TRICKY QUESTION? RECEIVE AN ANSWER FROM STUDENTS LIKE YOU!
Let us find you another Essay on topic RFID E-Commerce Paper for FREE!