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jasvinder.kaur2023
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G.L.

Bajaj Institute of Management & Research


Plot No. 2, Knowledge Park-III, Greater Noida

Name: Jasvinder Kaur


Sec: A
Subject: Supply Chain Management
Roll no: PGDM23629

Submitted by: Submitted to:


Jasvinder Kaur Prof. Nishant Tyagi
PGDM23629
Assignment Question-

“Shall we accept RFID in business enterprises to improve supply


chain management? Justify.”
Accepting RFID (Radio Frequency Identification) in business enterprises can significantly
improve supply chain management.

In, real business scenarios, several companies have adopted RFID technology in their supply
chain management and seen significant improvements. Here are a few examples:

1. Walmart:

Walmart, one of the biggest retailers in the world, started using RFID technology to improve
how it tracks its inventory and product visibility across its many stores and warehouses. Before
using RFID, Walmart had trouble keeping track of its inventory in real-time, which often led to
running out of stock or having too much of certain items. With RFID, they reduced the need for
manual scanning and automated the inventory tracking process, making restocking easier. As a
result, Walmart could count inventory faster, improve accuracy, lower labor costs, and boost
sales by ensuring that products were available when customers needed them.

2. Zara (Inditex Group):

Zara, a popular fashion retailer, uses RFID to track clothing from the time it's made until it
reaches the store. Since fashion trends can change quickly, Zara needs to be fast and flexible.
RFID helps them get real-time information about stock levels in their stores and warehouses.
This way, they can ensure that the right clothes are sent to the right stores at the right time.
Because of this technology, Zara has seen better inventory accuracy, quicker restocking, and
happier customers since popular items are more often available on shelves.

3. Amazon:

Amazon uses RFID in its fulfillment centers to optimize warehouse operations and track product
movement efficiently. The company’s use of RFID technology allows for the automation of
sorting, picking, and packing processes, reducing the time needed to process orders. This has
enabled Amazon to uphold its promise of fast, sometimes same-day, delivery. By integrating
RFID, Amazon reduces errors in order fulfillment and enhances operational efficiency, leading
to a seamless customer experience.
4. Boeing:

Boeing, the aircraft manufacturing giant, implemented RFID to manage its vast inventory of
aircraft parts. With thousands of parts required to assemble airplanes, Boeing needed a system to
track and manage these parts efficiently. RFID helps Boeing identify each part, track its location,
and monitor its condition throughout the supply chain. This has led to reduced production delays,
improved asset management, and better compliance with regulatory standards.

5. Decathlon:

The sports retailer Decathlon uses RFID for inventory management in its stores and distribution
centers. Decathlon places RFID tags on each product, allowing store employees to scan the
shelves and see which products need restocking. This real-time inventory management reduces
stockouts and ensures high-demand items are always available, ultimately boosting sales.
Decathlon has reported that RFID also enables faster checkout processes for customers,
enhancing the overall shopping experience.

Benefits in these Real-World Scenarios:

 Efficiency: These companies have experienced improved operational efficiency thanks to


automated processes, quicker inventory counts, and fewer manual tasks.
 Cost Savings: Over time, RFID has allowed businesses to lower labor costs, reduce stock
mismanagement, and minimize losses from errors or theft.
 Customer Satisfaction: By ensuring that products are available and deliveries are
quicker, businesses have improved the customer experience, fostering greater loyalty.

In summary, real-world examples show that RFID greatly enhances supply chain management
by boosting visibility, accuracy, and operational speed. This helps companies respond more
effectively to market demands and changes, ultimately increasing profitability.

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