How Inexpensive RFID Is Revolutionizing the Supply Chain: (Innovations Case Narrative: The Electronic Product Code)
Author(s)Sarma, Sanjay E
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Like the electric, water, and information networks most of modern society relies on, there is another network, one far less visible, that makes modern life possible: the global supply chain. Almost every physical product that is grown, manufactured, or packaged arrives at a store or at our home through a series of transfers involving ships, planes, trains, and trucks. In between, products may be aggregated into pallets and containers; moved with cranes or forklifts; stored in ports, warehouses, or on shelves; kept secure in armored vehicles or vaults; kept fresh in refrigerated storage or “reefer” transportation units; and packaged, repackaged, or finished before they get into our hands. Supply-chain management, which involves everything from the sourcing and procurement of materials to logistics, is a major part of the U.S. economy. In 2011, U.S. business logistics costs totaled $1.28 trillion and accounted for 8.5 percent of the GDP.
DepartmentMassachusetts Institute of Technology. Department of Mechanical Engineering
Innovations: Technology, Governance, Globalization
MIT Press - Journals
Sarma, Sanjay. “How Inexpensive RFID Is Revolutionizing the Supply Chain: (Innovations Case Narrative: The Electronic Product Code).” Innovations: Technology, Governance, Globalization 7, no. 3 (July 2012): 35–52.
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