Repurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost Saving
RFID application in scm and vm
1. Professional Practices
RFID APPLICATION
IN
SUPPLY CHAIN MANAGEMENT
AND
VISUAL MERCHANDISING
Presented By:
Mohnish Madkaikar
Deeshikha Parashar
MFT - 1
2. WHAT IS RFID?
Radio-frequency identification (RFID) is the use of an object
applied to or incorporated into a product for the purpose of
identification and tracking using radio waves. It is one of the AIDC (
Automated Identification and Data Collection ) system
RFID tags contain following parts:
One is an integrated circuit for storing and processing information,
modulating and demodulating a radio-frequency signal.
The second is an antenna for receiving and transmitting the signal.
4. TYPES OF RFID TAGS
There are generally three types of RFID tags:
Active RFID tags
Passive RFID tags
Battery assisted passive (BAP)
Varying levels of radio frequency give rise to different kinds of
RFID tags
Low frequency tags (125 – 134 Khz)
High frequency tags (13.56 MHz)
UHF tags (868 - 956 MHz)
Microwave tags (2.45 GHz)
5. SUPPLY CHAIN MANAGEMENT
It refers to the network of organizations that are
involved, through upstream and downstream linkages, in the
different processes and activities that produce value in the
form of products and services in the eyes of the ultimate
consumer
Supply Chain Management (SCM), then, is the effort to
optimize these contributions and interactions
7. WHY RFID ?
RFID tags reduces total costs for labour and
inventory while increasing accuracy.
RFID is ideally suited for situations when you need to:
Identify many items at once
Identify items where line of site requirements is
highly distributed
Find items quickly
Identify items even when no human is present (or
that human doesn’t follow standard policies)
8. WHAT CAN RFID DO ?
Improve Supply Chain Visibility
End-to-End Process Integration
Eliminate Artificial Uncertainty and Reduce Natural
Uncertainty
Improve Supply Chain Measurement and Benchmarking
Capabilities
Enhance Collaboration with Trading Partners
Optimize Reverse Logistics
12. RFID INCORPORATED VISUAL MERCHANDISING
Visual Merchandising is a very
powerful tool that can be effectively
used to program, channel, and lure
customer into impulsive buying.
Paxar Corporation showcased its
magic-mirror "smart mirror“
Magic-mirror provides retailers with
a means to reach customers on an
'emotional' level and positively
influence purchase decisions at the
moment of choice.
13. PRIVACY RELATED ISSUES
Privacy related issues associated with the use of RFID
technology were identified by FTC , which should come under
Fair Information Practices
As technology to enable large-scale collection and use of
personal information has evolved, and awareness of the
potential for misuse of that information has grown
14. PRIVACY RELATED ISSUES
Consumers may not be aware that their product or its packaging are
tagged
Tags, even if disclosed, may be non-removable
Consumers may not be aware of locations of readers
Item-level tags may be used to establish an individual’s presence at
a specific place and time, or track a person’s movements
Tags may be read by those other than intended, i.e. hackers
Combinations of tags could be used to uniquely identify individuals
15. PRIVACY RELATED ISSUES
Tags and loyalty programs could be combined to embed
personal identify information in tags
Marketers may target individuals based on tagged items not
necessarily purchased but merely carried into range of a
reader
There are no privacy regulations in place to guide RFID tag
use
16. CONCLUSION
Globalization, competition, and increasingly sophisticated and
informed customers are creating ever greater supply chain
challenges for today’s businesses
RFID provides clear benefits throughout a supply chain, with
distinct implications at different level.
Better availability and management of inventory provides
immediate efficiencies and the ability to streamline
17. REFERENCES
• www.fibre2fashion.com
• www.rfidjournal.com
• www.scmnews.com
• www.infosys.com
• www.apparelmag.com
• Landt, Jerry (2001). "Shrouds of Time: The history of
RFID
• Rahman, Rohisyam (2007-07-23). “Case Study:
Malaysian Smart Shelf”
• Fashion Retail – Curtis
• Inside fashion Business – Kitty G. Dickerson
• Fashion Retailing - Ellen Diamond