Using Rfid Technology And Integrated Analytics Solutions

Given the facts in the case and as outlined in more detail in this case study, it is our recommendation that Mierdorf and Wolfram move to the case level RFID tagging process. The improvements up and down the supply chain in accuracy, inventory control, reduced labor costs are enough to at least continue with the RFID

The company instead needs to change to a first in First out approach to keep inventory moving on shelves and develop a new enterprise resource system (Phillips, 2008). In addition to this change which would directly affect the floor employees since it is labor intensive and involves constant moving of product, the company would implement a sales tracking portable device that directly connects the store with the ecommerce site and the distributors. Under this method, store clerks can carry the portable tracker on their person and be able to directly engage with the customer by locating products faster as well as order products directly with the consumer if the product is out of stock or not carried at that location. In addition, the sales tracker will be an inventory tracker with a minimum quantity set with distributors that can automatically order additional product to keep stock or for the company to ship excess material at one location to another location in

As RFID technology evolves and becomes less expensive, there will be an increase in the number of companies and vendors using the technology. Eventually, new applications will be developed and these systems may even be able to solve common or unique problems associated with business in today’s market.

However, it is important to mention about an active RFID technology in order to understand why it is not suitable for the case of the production in-house logistics. Active system provides constant visibility of inventory, they are placed in the zones wherever inventory needs to

One of the biggest improvements to be made that would assist the manufacturing, delivery and shipping systems are changes to the inventory management system. The inventory management system needs to be upgraded to a less manual, more automated system utilizing barcode technology. Barcodes would be placed on every product built and/or raw materials received by Riordan. Inventory would be scanned when picked from the shelves, would be scanned when placed on transit, and would be scanned upon arrival and departure at any Riordan facility. This would be put into place for both raw materials arriving as well as products that are post-production and ready for distribution. With accurate inventory counts, the company could better forecast low inventory levels and drive manufacturing based on the available inventory and projected orders from our customers. The system will have reorder quantities established and will auto-reorder when inventory levels get

PRADA has long been adopted management information systems into most of their business part including manufacturing, sales, and human resource management. PRADA has Group information technology director who primarily responsible for the management of the Group’s information technology system. In 2000s, by using radio frequency identification (RFID), PRADA tried to controls manufacturing system, inventory, warehousing, distribution, logistics, automatic object tracking and supply chain management. What PRADA expected from RFID technologies were improve the potential benefits of supply chain management through reduction of inventory losses, increase of the efficiency and speed of

Wal-Mart currently has one of the most advanced inventory management systems due to their use of RFID tracking capabilities. Every product is equipped with a radio frequency identification tag, which identifies the location and type of product in the warehouse. As the product leaves the warehouses, there are readers in place at the door that automatically recognize which products are leaving and entering the warehouse. The benefit of this is that it limits the use of employees better employed elsewhere and has impeccable accuracy, much more accurate and faster than if employees were to take inventory. The service that our product provides is to take this current technology and to implement it at a grocery stores as well as retail in the

The RFID system will open new sales opportunities to larger markets such as the Department of Defense (DoD) and Wal-Mart. Who are now demanding that RFID tracking as a condition of contracting.

Three-Westminster is considering warehouse consolidation, so the correct management of inventory is crucial to guarantee proficient operations. To aid in this the implementing of bar-coding, SKU, and RFID systems need to be implemented. Bar-coding provides manageable stock pulling and

This will reduce the risks of medication errors that can seriously the harm patients, and cost the healthcare organization lots of money in order to compensate the patient, and to provide new drug dosage. Also, tis technology will help reduce the number of counterfeit prescription drugs that are given to the patients for a sick leave in the healthcare organizations. It is like mass sterilization of the prescription drugs where it ensures that each prescription is credible to use by the patient. The product will have a unique number to each prescription drug in order to record the to record information about all transactions involving the product. Overall, track and trace prescription drugs using RFID technology help in improving patient safety in and out side the healthcare

Hospital information systems were designed primarily for administrative purposes to ensure that all charges were billed and collected correctly [9]. Today application of information technology in Healthcare domain has emerged as a new multi-million dollar industry. Huge investments are being made by many government and private organizations to produce health related tools. Similarly a lot of revenue is being generated by those IT organizations, which are related to healthcare. Top company of 2003 “GE Healthcare” founded in 2000 has annual revenue of $2.7 billion. And the 100th company “MED 3000 Inc.” (Founded in 1985) has $7.3 million annual revenue

An assumption has been made that as there is no evidence of automated processes in this facility and that inventory is tracked via hand barcode scanners. Additionally, Coles (2016), has no reference to radio frequency identification (RFID) technology use, further enforcing this assumption. The limited range of available logistic technology should be further

Second, the classification in inventory management is still inaccurate. That results in some problems such as: the severe lack of some products which are in growing demand (1 inch valve series 230), the redundancy making storage expenses go up and the stagnancy in storage area (to products like gear driven rotary and monitor controller)

RFID is one of the most important technology in the world, where in our daily life we use it frequently and also it reduces our effort and work very much. This is very easy to establish and use as it contains only a small tag which has small space to store data with a small antenna which transmits the signals from the tag to the reader. There is a reader where it scans the tags and find out the information present in the tag find outs the pulls the relevant information from the back end that is the data bases where the whole lot of information is stored. RFID is used in different places to track, identify and update the information. This technology also provides safety and privacy from the thief’s and forgery problems there are many kinds of security attacks which are handled with this technology.

After working for Qatar Airways in the Financial Accounting department and having experienced physical verifications of the inventory the organization held, I have noticed that it took the accountants and auditors, as well as the people working at the warehouse and hangar a very long time to perform the inventory checks and physical verifications. My proposal is that Qatar Airways develop its own asset tracking program as well as implementing Radio Frequency Identification, RFID technology on all the bins and bigger individual assets the company has, on the plane (seats, headphones, carts etc.), and office fixed assets. The benefits of develop the company’s own asset tracking program and implement RFID technology and the benefits that will come with such an implementation such as; improve locating, book keeping, tracking and managing our assets which will increase overall efficiency drastically.