BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS ANALYTICS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Techniques used in supply chain optimization
A
Effective logistic service is another critical factor, which is the matter of picking, packing, and shipping the finished goods.
B
Employee Turnover
C
(Long-term) Absenteeism
D
Automation devices like RFID technology
Explanation: 

Detailed explanation-1: -How is RFID used in the supply chain? RFID is used to accurately count, correct, and track all individual items and cartons across the supply chain. This starts in the factory where items are tagged at source, goes on to the distribution centre where orders are sorted and finally sent out to stores.

Detailed explanation-2: -Suppliers can use RFID tags to track raw materials and parts within their facilities, potentially reducing the need for reordering if a part believed to be lost is found. In addition, manufacturing machines can use RFID to identify and select components and construct them into consumer-ready goods.

Detailed explanation-3: -RFID systems use radio waves at several different frequencies to transfer data. In health care and hospital settings, RFID technologies include the following applications: Inventory control. Equipment tracking.

Detailed explanation-4: -RFID tags can help to increase the efficiency of supply chain management by allowing for real-time tracking of inventory. This means that businesses can know exactly where their products are at all times, which can help to reduce the amount of time and money that is wasted on lost or misplaced items.

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