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Essay Details:
Essay text:
In this light, Radio Frequency Identification (RFID) is fast becoming a hotbed of activity targeting the Indian market in retail, logistics and manufacturing.
A plan to introduce a whole new technology calls for an in-depth analysis of the dynamic economic, social and technological considerations. An attempt for the same has been made through SWOT analysis for introduction of RFID in the Indian retail segment. A phased approach has been suggested for the smooth implementation and adoption of RFID technology in India.
SWOT Analysis:
Strengths:
? Fewer errors
? Improved track and trace capability
? Greater efficiency
? A better customer interface
? Faster information dissemination to the customer
? Freeing up of personnel from tracking and ensuring item availability, giving them time to interact with customers...
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