Rfiid In Shipping Industry Case Study

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Title: A report on RFID technology and it challenges in Real-time tracking cargo in shipping industry. Hypothesis: RFID will positively increase efficiency and reduce costs for cargo tracking Research questions: 1. Why RFID is better than barcodes? 2. What are the challenges faced in adopting RFID in shipping industry? 3. What are the benefits of the implementation of RFID? Introduction: The term Supply chain covers every single possible process required in the flow of merchandise from manufacturing to clients; together with manufacturing, distribution and transportation (Swedberg, 2011). Therefore, supply chain management covers every one of these means in combination with decision marketing, demand of customer, in arrangement with general …show more content…

The resulting strength will lead to a competitive advantage. Online businesses need to utilize these strengths to determine marketing strategies. W – Weaknesses: Refers to internal factors that cause weaknesses and lead to the disadvantage. The problem is caused by a defect or condition within which the business must find a way to fix it. O – Opportunities: Refer to external factors contributing to the opportunity to help promote the business. A good online business must always seek opportunities to take advantage of the opportunity to increase sales. T – Threats: Refer to external factors that obstacle operation. Businessmen need to adjust marketing strategies accordingly and try to eliminate the problems that caused it to go away. Methodologies: 1. Case study 1.1 Maersk Line Company Maersk Line is the leading world container shipping company, known for reliable, flexible and eco-efficient administration. They offer sea transportation in all parts of the world and provide services to their clients through 317 workplaces in 112 nations around the world. There are 7,700 officers on the vessels and 21,800 land-based workers and have service 611 container vessels (Maersk Group & A.P. Moller,

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