Smart Sensors and RFID for Real-Time Asset Tracking and Supply Chain Visibility

This paper mainly deals with an ideal smart sensors and RFID system to cater suitable asset solutions and supply chain tracking. Due to the benefits shown, the following were accomplished: First, there will be an enhancement of the accuracy of records of inventory; second, there will be a diminution of time taken to complete an order cycle; third, there will be a decrease in costs. Overall compliance rate to environmental monitoring also increased attaining a very good figure in order to achieve the right monitoring standards for the sensitive goods as described above. The system also complemented the issue of security to some extent in reducing cases of theft and losing products within the unit. It also reveals a unique trend of ROI which expands how the utilization of value technologies is rewarding financially. Such research points to the right phase in adopting smart sensors and RFID into the current supply chain since it is today’s optimum way of managing the supply chain safely, effectively and at a reasonable cost.