Leveraging RFID for Demand Chain Optimization

Author: SkyeTek, Inc
Required RFID Expertise: Low

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Overview:
This paper describes the use of RFID to provide real-time visibility of finished-goods inventory from the point of manufacture to the point of sale - commonly referred to as the demand chain.  Leveraging RFID this way enables inventory management optimization that increases sales and customer satisfaction and decreases inventory levels, product loss and legal liability.  Demand Chain RFID provides real-time, highly accurate visibility enabling the following improvements:

  • FDA compliance
  • Shorter more accurate cycle-counts
  • Improved service levels
  • Reduced product loss
  • Improved route optimization
  • Expired product removal
  • Shorter invoice-to-cash cycle