How can radio frequency identification (RFID) help in the improvement of a supply chain?

In this assignment, you are required to develop and deliver an oral presentation individually for the final research project. Your oral presentation does not have to cover every aspect of your final project. You may focus on only one aspect of the final paper. The oral report of your team should be organized so that the presentation of information is sequential.

The capstone project provides a means to demonstrate that you can investigate a topic on your own and prepare an oral report of your research work. This activity involves using reference material to gather information, prepare and present an oral report, and respond to questions from various audience participants. This is intended to move the project to completion and allow the team to make any final changes to the capstone project research paper.

You should present your oral report and effectively give information about what you discovered in your research effort. After your presentation and response to questions, the final capstone project paper can be finalized using the comments received from others.

Problem statement:

The majority of current manufacturing and supply chains use barcode-based methods to track and identify products. The issues with barcodes and other visual identification and tracking methods are generally focused on errors or incapabilities of the reading devices or errors with the barcodes themselves. The physical issues and limitations seen with barcodes lead to a loss in productivity, people hours, delays, and errors, ultimately equating to a profit loss.

The proposed solution to this generalized issue is the use of radio frequency identification devices or RFID. RFID takes out the human error surrounding manual scanning and inventory tracking methods. Using RFID enables real-time visibility, data sharing, and inventory management in the supply chain, improving operations, purchasing, and distribution.