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Essay / Research Paper Abstract
This is a 5 page paper that provides an overview of the use of RFID chips in shipping and tracking. The benefits to supply chain management are emphasized. Bibliography lists 4 sources.
Page Count:
5 pages (~225 words per page)
File: KW60_KFbiz063.doc
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Unformatted sample text from the term paper:
For this reason, companies have to strive to find new and innovative ways to differentiate themselves from their competitors. Often, this means developing innovations in internal processes rather than seeking
external innovation through products or services. Saving money through internal operations is just as valid an avenue towards a competitive advantage as a more externally visible form of innovation, as
it can markedly increase both the overall efficiency of the organization, as well as profit margins. This being the case, organizations are increasingly looking to various categories of internal management
in order to hedge an advantage in their competitive markets. These categories include leadership, value of employees, and also core processes such as supply chain management, consumer relationship management, and
so on. This paper will explore a particular innovation in the realm of supply chain management, the use of radio frequency identification (RFID) in shipping palettes in order to dramatically
improve the tracking and shipping process and provide superior service to customers. This paragraph helps the student explore the history and development of the intelligent global pooling system. One
of the most significant advancements in the use of RFID in supply chain management has been the embedding of RFID chips into products or shipping pallets. In particular, the development
of the Intelligent Global Pooling System, or IGPS, has enabled shippers to embed RFID chips into their pallets in such a way that lets them not only track their shipments
in real time across the globe, but also to keep a much more accurate, flexible, and nuanced inventory for the purposes of cost management, and resource planning. IGPS, Inc., the
company in charge of developing the IGPS technology has worked to make the technology universally applicable to all shippers and organizations by "incorporating EPCglobals electronic product code into its RFID
...