In June 2003, Walmart promoted ________ as a SCM efficiency measure aimed at improving the speed and accuracy of information flows in the supply chain and to reduce stockouts.

Question

Quizplus · Accepted Answer

RFID tags were promoted by Walmart in 2003 as a SCM efficiency measure to improve speed and accuracy of information flows in the supply chain and reduce stockouts. RFID tags help in real-time tracking of inventory and provide accurate information to suppliers, thus helping in better supply chain management.

In June 2003, Walmart Promoted ________ as a SCM Efficiency