Contents
Introduction 3
Radio Frequency Identification Technology (RFID) 3
RFID Applications 4
The Process of RFID technology 5
Advantages and Benefits of RFID technology 5
Limitations of RFID Technology 6
RFID in Organisations 7
Walmart 7
RFID Technology in Walmart 7
Future Perspectives of RFID 9
Works Cited 10
Description
Business organisations are always in an attempt to gain the competitive advantage to attain sustainability in the contemporary competitive global market. Due to this tendency, organizations are embracing any technique, strategy, approach, that would help them to earn success. Immense development is seen in the technology sector where scientists and researchers are coming up with innovative and fresh ideas to help organizations attain sustainability. RFID is such one technology which is expected to provide assistance to organisations.
Radio Frequency Identification Technology (RFID)
Radio Frequency Identification or RFID technology, which is a method of Automatic Identification and Data Capture (MHI, 2016 ), utilises electromagnetic fields to detect and track the tags attached to products. The RFID tags are tiny transponders that respond through wireless transmission. Due to which, as per Christoph Jechlitschek, these are very much in use to track goods in organisations responsible for production and also in labelling items in markets (Jechlitschek, 2013).
In the present days, the technology had been embraced into mainstream applications that are responsible for speeding up the management of goods and materials manufacturing. According to Mandeep Kaur and others, though there are several types of RFID, but majorly the RFID devices can be divided into active and passive tags. Active RFID tags work by a power source by either connecting to a powered infrastructure or by a power integrated battery. While, the passive RFID tags depend on the stored energy which is limited on the count of read operations through which the tagged device is expected to undergo (Kaur, Sandhu, Mohan, & Sandhu, 2011).