RFID Technology in Business Systems and Supply Chain Management
In today’s fast-changing competition environment, companies and organizations need to renew their services and products, and change and replace their business processes with new ones continuously to benefit more from time and resources. Therefore, data capturing, gathering and management technologies are always needed by companies and organizations to support their decision-making and plans, and develop their strategies. One of the technologies that could help companies to handle data is RFID (Radio Frequency Identification). Many organizations are slow in warming up to the idea of using RFID to conduct more effective and efficient business processes, data mining applications, and cost savings. In this study, RFID technology and its system structure are proposed. The paper introduces a middleware for business models including RFID technology. Information about the advantages of RFID over today’s data gathering and Auto-ID (Automatic Identification) technologies is given. The impacts of RFID technology on business systems, especially supply chain management, are presented.
International Burch University