Advantages And Disadvantages Of The Information Flow Between Functional Areas Within An Organization

3 Improved lead time: The business process will be able to able to respond quickly with fewer delays. It also ensures timely availability of the product in the market.

Minimize risks due to uncertain demand. L.L. Bean would be able to manage ordering process and quantities based on actual demand and adjust more effectively.

Strong investment in Information technology to streamline information flows and product flows along supply chain(RFID, Retail-Link system)

It adds value to the business i.e. it enhances the business operations which would inturn have a positive impact on the business

RFID data is visible and trackable across the supply chain and reduces scanning error, stockouts and the labour required to move inventory (Shin & Eksioglu 2014, p. 633). Importantly, as Concept2creation (n.d.) shows picking and scanning cartons from the cages is labour intensive and requiring audits. Alternatively, RFID transmitters on pallets and cages, can automatically be scanned upon receipt. Cartons without RFID can be placed in totes to be tracked internally (Michel 2014,

Today, RFID is used in retail, manufacturing, healthcare, agriculture, travel, entertainment, etc. RFID increases efficiency of operations, decreases reliance on manual process, improves asset visibility and traceability, reduces operation costs, and provides useful data for business analytics. There are many different reasons why companies and firms are beginning to make the switch to RFID, some examples are: automating inventory and asset-tracking in healthcare, manufacturing, retail, and business sectors; identifying the source of products, enabling intelligent recall of defective or dangerous items; prevent use of counterfeit products in the supply chain; improve shopping experience for consumers; provide visibility into the supply chain

• To achieve operational efficiencies in the supply chain by reducing product and inventory costs;

It also implemented throughout the healthcare industry. Some practices are using it to track and locate supplies to improve the overall efficiency of their inventory management process. Hospitals even use RFID on surgical tools to help reduce lost utensils.

Radio Frequency Identification is the use of radio frequency waves to remotely identify material. It is primarily used in supply chain management but can be used in other areas. Used as a tracking tool, RFID keeps track of material in the transportation pipeline enabling users to have real time tracking information throughout the entire shipping process. Inventory management is another important logistics element that is enhanced with the use of RFID. The goal of an inventory manager is to maintain a 100% inventory and RFID makes the process more efficient. RFID allows the user to perform inventories with ease and accuracy while reducing the number of people needed to perform the inventory. In addition to assisting with inventory RFID

RFID provides and enhancement to total asset visibility. Although RFID only reports the last position of an asset meaning it isn’t a real-time reporting system but it does establish that the unit is on its way. RFID will replace barcodes and when fully operational the RFID tag will not need people to capture and record inventory data that are associated with repair parts that move through the DoD supply chain. RFID will reduce labor requirements to free up military personnel to concentrate on other critical task but it will also improve accuracy and make it possible to find a part in the DoD supply chain at any given time.

Radio Frequency Identification – RFID – is an established data-carrying technology used throughout industry. Data relating to an item is stored on a tag, which is attached to the item. The tag is activated by radio waves emitted from a reader. Once activated, the tag sends data stored in its memory relating to the item back to the reader. This data can then be shared between organizations and trading partners via the EPCglobal Network in a secure manner.

Allowing, for major competition in merchandise and cost, just about every company wants to be the best price and have the best product to offer. This is a blessing to many families and companies, especially during our hard economic times when money is often scarce.

RFID technology can offer many advantages to suppliers, retailers, and consumers including “improved accuracy in managing inventory, improved visibility of orders and inventory, reduced costs for logistical operations, improved customer service, improved security, and improved efficiency of business operations” (Park et al. 2010, p. 684). RFID technology provides real time inventory tracking

Variations of RFID technology have been in use since the 1940 's. RFID is an acronym for radio frequency identification. In application RFID is the use of radio signals to wirelessly track and identify tags that have been placed on an item. RFID is an emerging technology that is helping transportation companies, retailers, and manufacturers decrease handling times of goods and increase efficiencies at factories, warehouses, and store fronts by tracking objects with greater flexibility and less human involvement. RFID technology is unique and more adaptable than other tracking systems because it does not require a direct line of sight between the scanner and the object being identified. RFID systems can also identify more than one object simultaneously. This flexibility and efficiency adds the type of value that is paramount in just in time principles. This paper will describe RFID technology in detail, and discuss its current uses in security and access control, toll roads, and supply chain management.

RFID, or radio frequency identification, is the new system that is replacing the use of barcodes. RFID tags allow users to more quickly obtain information from the object that the RFID tag