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SWOT Analysis (RFID) Strengths


Real-time, accurate, and event-based logistics and product-related information

RFID tags allow for easier logistics and product-related information storage and retrieval which could help a lot in making efficient, up-to-the-minute, event-based management decisions. It also helps remove blind spots within the supply chain which could help in eradicating some logistics inefficiencies such as product wastage/spillage, mishandling, etc.

Provides security

A good tracking mechanism can help quad ensure that the products being deliveredwithin the supply chain are properly taken care of and are indeed transported to where they should be headed. It could also help retailers ensure that they get what they really asked for instead of fraudulent products that could have been switched along the supply chain. It eliminates the inefficiencies brought about by theft, human error, and other fortuitous events that might hamper the over-all security of the goods. The RFID tags also ensure that the RPC s cannot be opened by just anybody; they can only be opened by the actual receiver of the goods. The persons opening and storing the products within the RPC s are also recorded which also helps in maintaining internal/external product safety and control.

Gives a high inventory management

RFID tags can help ensure a more efficient way of managing product inventories because of its inherent efficient ability in storing and retrieving product-related information. RFID Product information encoding is faster as compared to normal bar code systems and so is information retrieval because of its ability to store and retrieve information from multiple products at the same time. Over-all, this will maximize inventory control and management.

Temperature monitoring system

The fact that Quad wants to cater to the agribusiness sector implies the required need for proper temperature monitoring of the transferred goods in order to maintain their freshness. Without this temperature monitoring system, Quad will not be able to see through the blind spots of the supply chain management and will be unable to point out the loopholes within the supply chain that could ve caused the significant temperature drops that contributed to over -all decreased product freshness. This is a good way to properly monitor the product s cold chain which is a must in maintaining agri-product freshness. Weaknesses

Installation is expensive

Although these tags can indeed carry a lot of benefits they are still very costly to implement because of the significantly high prices in buying the required amount of RPC RFID tags (per RPC) and receivers (per logistics supply chain station/sector).

the current prices for the cheapest RFID tech has significantly decreased by ten folds because of the current trending inverse relationship between demand volume andRFID cost. retailers are separate entities from Quad. This could make the logistics trip pass through a lot of entities and the seep in privacy brought about by RFID tags might not be welcome to these entities. Although RFID tags are indeed useful in tracking products within the supply chain. . As the demand for more RFID technology grows (increase in volume) the costs of installing RFID tech also becomes significantly lower. Opportunities y Highly profitable target markets RFID can give firms a lot of tracking and logistics-related benefits which makes it a very attractive investment for firms (its target market). Threats y Privacy and jurisdiction issues The entire supply chain process passes by a lot of different entities and the entire trip from growers to retailers can measure up to very long distances because of the far-away placement of both the rural (growing) sectore and the urban (retailing) sector.y It does not cover growers and retailers. y Human Resource Issues The current RFID tags could help improve over-all efficiency of these companies in doing their work but the problem with this is that it could be a possible cause of laying-off human resources which are no longer needed because of the presence of new RFID technology. Some might not even allow the logistics carrier to pass through those areas and might add more obstacles within the supply chain. since the growers. y Modern Economies of Scale Nowadays. However. Since the jurisdiction of the place at which the transportation vehicles pass by are not under the authority of Quad there might be some arguments with regards to the RFID technology carried by these logistics carriers. the receivers still have a proximity limit and thus each station must be cooperative in using the RFID technology. the said entity cannot make that call for these three supply chain entities to also use RFID technology for better product logistics. Since these users usually buy these products in mass bundles this could be a very profitable product for Savi to focus on. This could hamper smooth implementation of this technology. Quad does not have authority over them. The fact that there is currently a growing need for RFID technology in the modern world makes it a very profitable product.