Contribute To Organization Development Assignment 1
Contribute to organization development Assignment 1
As manager develop an organizational development plan that addresses your challenge.
A strong market for RFID technology has been created with the need for optimization of total cost and accurate asset tracking and monitoring. In the past few years, the coffee shops have embraced RFID in their supply chains and are beginning to enjoy real business benefits from the technology. Companies in different sectors have come to realize that RFID technology does a lot more than just tracking boxes in the supply chain. RFID is slowly reemerging as a valuable way to improve internal efficiencies. In recent years, supply chains have to rely on technology to deliver a higher level of performance in satisfying consumer needs. The technology for supply chain management is still emerging.
Of all the emerging technologies in supply chain management, RFID has the potential to make the biggest impact. RFID can revolutionize the way the supply chain meets customer expectations by offering direct insight into consumers’ buying habits and increasing efficiency and accuracy within the supply. The technology could dramatically improve supply chain performance by reducing inventory levels, lead times, stock outs and shrinkage rates. It can also increase throughput, inventory visibility, inventory record accuracy, order accuracy, customer service, quality and collaboration among supply chain members. Coffee shops face several fundamental challenges when evaluating, planning and implementing RFID in their supply chains.
RFID technology faces numerous implementation challenges. The major challenges include technological maturity, global standardization, government regulations, and cost (Attaran 2012).
From a supply-chain, manufacturing, or warehouse standpoint, RFID technology has limited applications (Attaran 2012). There is also a question regarding the drivers for adaptation. There must be incentive for retailers and manufacturers
As manager develop an organizational development plan that addresses your challenge.
A strong market for RFID technology has been created with the need for optimization of total cost and accurate asset tracking and monitoring. In the past few years, the coffee shops have embraced RFID in their supply chains and are beginning to enjoy real business benefits from the technology. Companies in different sectors have come to realize that RFID technology does a lot more than just tracking boxes in the supply chain. RFID is slowly reemerging as a valuable way to improve internal efficiencies. In recent years, supply chains have to rely on technology to deliver a higher level of performance in satisfying consumer needs. The technology for supply chain management is still emerging.
Of all the emerging technologies in supply chain management, RFID has the potential to make the biggest impact. RFID can revolutionize the way the supply chain meets customer expectations by offering direct insight into consumers’ buying habits and increasing efficiency and accuracy within the supply. The technology could dramatically improve supply chain performance by reducing inventory levels, lead times, stock outs and shrinkage rates. It can also increase throughput, inventory visibility, inventory record accuracy, order accuracy, customer service, quality and collaboration among supply chain members. Coffee shops face several fundamental challenges when evaluating, planning and implementing RFID in their supply chains.
RFID technology faces numerous implementation challenges. The major challenges include technological maturity, global standardization, government regulations, and cost (Attaran 2012).
From a supply-chain, manufacturing, or warehouse standpoint, RFID technology has limited applications (Attaran 2012). There is also a question regarding the drivers for adaptation. There must be incentive for retailers and manufacturers
References: Attaran 2012, ‘Critical Success Factors and Challenges of Implementing RFID in Supply Chain Management,’ Journal of Supply Chain and Operations Management, vol. 10, no. 1, pp. 114-167. Opticway 2014, ‘Inventory Management,’ Supply Chain, Logistics & Warehouse Training, viewed 31 Mar 2014, <http://supplychain-logistics-training.optiwayglobal.com/inventory-training/>. Rfidjournal 2014, ‘To reduce waste, Smug Customers Use RFID Coffee Mugs,’ RFID Journal, viewed 31 Mar 2014, <http://www.rfidjournal.com/articles/view>.