Investment feasibility and optimization strategies of RFID technology in logistics field
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View abstract on PubMed
Summary
This summary is machine-generated.Radio frequency identification (RFID) technology enhances logistics operations by improving cargo tracking accuracy to 98.7% and optimizing delivery routes. This leads to a 21.8% increase in overall efficiency and reduced operational costs.
Area Of Science
- Logistics and Supply Chain Management
- Information Technology in Operations
- Industrial Engineering
Background
- Growing logistics demand necessitates enhanced operational efficiency and service levels.
- Radio frequency identification (RFID) offers real-time tracking and path optimization potential.
- Existing research lacks practical investment feasibility and system optimization strategies for RFID in logistics.
Purpose Of The Study
- To propose and evaluate a logistics optimization solution integrating RFID technology.
- To assess the impact of RFID-based cargo tracking and path optimization on operational metrics.
- To identify implementation challenges and propose optimization strategies for RFID technology in logistics.
Main Methods
- Development of a dual-module logistics optimization solution combining RFID for cargo tracking and path optimization.
- Empirical testing and analysis of the proposed system's performance against key logistics indicators.
- Exploration of practical implementation challenges and formulation of targeted solutions.
Main Results
- The cargo tracking module achieved 98.7% accuracy, reducing circulation time by 22.1% and errors.
- The path optimization module improved delivery efficiency by 23.5% and cut transportation costs by 18.2%.
- Overall logistics efficiency increased by 21.8%, and warehousing turnover rose by 19.4% post-implementation.
Conclusions
- The integrated RFID solution significantly enhances logistics operational efficiency and reduces costs.
- RFID technology provides a viable strategy for improving cargo visibility, delivery performance, and inventory management.
- Addressing implementation challenges is crucial for maximizing the benefits of RFID in logistics and advancing intelligent logistics systems.
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