Role of RFID in Machinal Process of Manufacturing: A Critical Review of Contemporary Literature
DOI:
https://doi.org/10.55544/ijrah.2.6.35Keywords:
RFID technology, Supply Chain Management, smart technologies, manufacturing companies, consumer applicationAbstract
RFID (radio frequency identification) is a modern supply chain management technology that is increasingly being used. RFID technology's potential to identify, detect, and monitor data across the supply chain significantly influences logistics and supply chain operations. The system may provide suppliers, manufacturers, distributors, and retailers with accurate, real-time inventory information. This exact stock data would result in lower labor costs, automated company practices, and improved supply chain efficiency. If executed correctly, it may minimize the ordering wait duration and Inventory management costs, improve inventory data quality, help avoid stockouts, and enhance the frequency of stock movements. RFID technology has prompted much debate and supposition over its possible repercussions. RFID is a new technical breakthrough that enables supply chain partners to cooperate closely by providing real-time informational transparency. Mean and T-test is applied in the study to find the result of the study with 193 respondents.
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