Which one of the following statements best describes the strategic advantage of using Radio Frequency Identification Device (RFID) technology in supply chain management?

Question

Answer

RFID eliminates the need for physical storage facilities by storing inventory data on cloud-based systems.

Answer

RFID technology enables real-time inventory tracking, improves stock management accuracy, and enhances supply chain visibility across multiple nodes.

Answer

RFID allows organisations to improve product marketing by broadcasting advertisements to consumers via radio waves.

Answer

RFID systems are primarily used to replace internal communication platforms between warehouse teams.

Crowdly

Which one of the following statements best describes the strategic advantage of ...

Want instant access to all verified answers on cems.myexams.unisa.ac.za?