Effectiveness and Potential Benefits of Radio Frequency Identification Technology (RFID) in Express Delivery
Kristian Krastev
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Kristian Krastev: University of National and World Economy, Sofia, Bulgaria
Ikonomiceski i Sotsialni Alternativi, 2019, issue 2, 145-151
Abstract:
The present article explores the application of the Radio Frequency Identification Technology (RFID) in the sector of logistics. The technology is analyzed in terms of the potential of customers’ benefits from logistics services and the achievement of greater optimization and efficiency in processes by the management of logistics companies. The benefits from the application and use RFID technology in the mainstream processes of express delivery are presented.
Keywords: RFID technology; express delivery; innovation; efficiency; process optimization (search for similar items in EconPapers)
JEL-codes: L25 L26 O33 (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:nwe:iisabg:y:2019:i:2:p:145-151
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