Abstract:
Radio Frequency Identification (RFID) permits a trade to identify individual products and
mechanisms, and to track them throughout the supply chain from manufacture to point-of-sale.
It bought revolutionary in the field of supply chain management in order to tackle inventory
management problems. It may however be observed as the device which has the essence of
altering the dynamics in the field of inventory management. Many businesses are willing to
adjust this technology for the sake of security, process automation and inventory visibility
attached with inventory accuracy and flow of information. World has observed technological
change.
The research mainly emphases on five concepts of RFID which integrate gender Inventory
Visibility, Security, Process automation, Flow of information along with Inventory accuracy.
The survey was built on 200 questionnaires which were distributed amongst Unilever Pakistan
and Nestle Pakistan which are considered to the FMCG giants. Resultantly, significant impact
was being observed
