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Essay / Research Paper Abstract
A 7 page paper discussing radio frequency identification tags and their potential use for tracking inventory at the item level. This is a technology that is not yet available for retailers, though some – most notably Wal-Mart – are investing in developing the technology for use. Consumer and privacy groups complain that retailers can continue to track RFID-tagged items after they leave the store; the paper suggests that Target adopt the technology and provide self-service stations so that customers bothered by the tags can remove or neutralize them before leaving the store, and the action does not increase Target's labor costs. Bibliography lists 6 sources.
Page Count:
7 pages (~225 words per page)
File: CC6_KSitTargetRFID.rtf
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Unformatted sample text from the term paper:
(RFID) tags are tiny, miniscule microchips that promise to reshape and revolutionize supply chain management. One reporter writes that the "emerging technology could usurp the ubiquitous bar codes quarter-century
of quiet domination" (Mayfield, 2002), though most active in RFID believe that the chips and barcodes will coexist for many years. Supply chain management is an issue of paramount
importance in the continued globalization of business, particularly as it continues to move into the electronic environment. Radio Frequency Identification Systems Benefits RFID
systems encourage increased efficiency in that the tags themselves provide an indication of their location. This allows close tracking of shipments at present; in the future it is expected
to enable retailers "to track everything from soda cans to cereal boxes" (Mayfield, 2002). RFID currently resides at the pallet level; in the future it is expected to move
to the item level. What this will mean for retailers is that they will be able to scan inventory remotely, identifying areas requiring
restocking without having to physically observe the condition of the retail shelves. Currently, it is the bar code that is ubiquitous. Though it enables a degree of automation
that has enabled organizations such as Target to save on operating costs by being able to operate more efficiently, the bar code still requires a line of sight in order
to be read. It requires physical handling by a human, which always increases costs. Organizations and researchers alike envision a time that
a "smart shelf" "could tell when a carton of milk or a box of medicine has expired, alerting a store to restock in real time" (Mayfield, 2002). However, the
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