RFID + ERP = Supply Chain Visibility
Filed in archive Software Applications by Anita Campbell on November 01, 2004
Third-party logistics providers have to get on board with RFID to meet their customers' demands. So concludes a recent study of 650 logistics executives by Capgemini, sponsored by fedex
.
The number one IT-based service that corporate executives said they needed from their third-party logistics providers in the future turned out to be -- you guessed it -- RFID. All regions of the world rated RFID as the number one need:
As this article in BPM-Today points out:
The BPM-Today article also refers to a research report by the Yankee Group. MarketResearch.com has the report and you can even search inside the report using keywords -- it's a neat feature.
.The number one IT-based service that corporate executives said they needed from their third-party logistics providers in the future turned out to be -- you guessed it -- RFID. All regions of the world rated RFID as the number one need:
- Western Europe 61%
- Asia Pacific 59%
- North America 53%
- Latin America 48%
As this article in BPM-Today points out:
"...[Companies] that could view data in detail reported faster inventory turnaround and sales cycles.
The difference between companies with a high level of visibility into their supply chains and those with a low level of visibility is striking, according to the study.
High-visibility firms averaged 14.6 inventory turns, 22.1 days sales of inventory, and 26.1 average days sales outstanding compared to 9.8, 38.2 and 39.4 respectively among low visibility firms."
The difference between companies with a high level of visibility into their supply chains and those with a low level of visibility is striking, according to the study.
High-visibility firms averaged 14.6 inventory turns, 22.1 days sales of inventory, and 26.1 average days sales outstanding compared to 9.8, 38.2 and 39.4 respectively among low visibility firms."
The BPM-Today article also refers to a research report by the Yankee Group. MarketResearch.com has the report and you can even search inside the report using keywords -- it's a neat feature.
Permalink: RFID + ERP = Supply Chain Visibility
Tags:
supply chain rfid visibility more supply+chain rfid+supply chain+visibility
Trackback: http://www.creative-weblogging.com/cgi-bin/mt-tb.pl/3882
