On 4th February 2018, TAPMI hosted Mr. Prafulla Bhide, Head of Strategic Planning and Logistics at United Phosphorous Ltd., for Wordsworth, the guest lecture series of S.C.O.P.E 2018. His topic of discussion was leveraging technology for supply chain analytics and RFID in warehousing management.
Mr. Bhide started by explaining what warehouses are- the difference between warehouse and godowns. Warehouse, he said, is a place to store merchandise, receive goods from a supplier, move goods to customers and accommodate returns from them. Additionally, more than one company can share a warehouse- godown belongs to a single enterprise. It is a place which ensures customer satisfaction by the product shipped after adding value to it.
He went on to elaborate on the various types of warehouses such as retail store, national and regional distribution centers, service part distribution centers, e-commerce fulfilment, perishable and cold chain warehouses, CFA, stockists, etc. He claimed that the future will blur the line of demarcation between the types of warehouses and consumer reaching warehouses- a replacement to the long supply chain. He also spoke of omnichannel retail starting a revolution in supply chain management.
In the next segment of the discussion, Mr. Bhide touched upon RFID or Radio Frequency Identification Device. Just like barcodes, RFID is another form of ADC or Automated Data Collection technology, he said, having components like Readers and Tags which are capable of storing and transmitting information. He mentioned the types of tags, Active and Passive, and talked about each in detail. Active tags are used for long distances like electronic tolls, have large memories, are powered by internal battery sources and are expensive. On the other hand, Passive tags are powered by a reader, lighter, cheaper to produce and used in close range. The types of memory in the same could be Read, Read/Write or a combination of both, he said.
Mr. Bhide compared barcodes with RFID; and also talked about the usages and applications of RFID and also the supply chain management benefits of RFID. He concluded the session by stating such technological innovations help companies as it is better for them to have visibility of what is selling and what rate, in order to make a data-driven decision.