Abstract:
Radio Frequency Identification is the tool of change which has brought revolutionary
change in the field of supply chain in order to tackle the inventory management
issues. It may however be regarded as the device which has the essence of changing
the dynamics in the arena of inventory management. Many industries are willing to
adapt this technology for the sake of security, process automation and inventory
visibility coupled with inventory accuracy and flow of information .World has
witnessed the technological change, industries in general and supply chain in
particular got handy with this revolutionary technology.
The end in view of this research is to study the role of Radio Frequency identification
technology on inventory management in an organization which focuses on the FMCG
industry of Pakistan. The research mainly focuses on five constructs of RFID +-which
incorporate gender Inventory Visibility, Security, Process automation, Flow of
information along with Inventory accuracy. The survey was based on 200
questionnaires which were distributed between Unilever Pakistan and Nestle Pakistan
which are considered to the FMCG giants. Resultantly, significant impact was being
observed.
