Assessment of IoT and RFID Deployment in Warehouse Management Emphasizing Operational Efficiency and Cost Minimization
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Abstract
Digital technologies like the Internet of Things (IoT) and Radio Frequency Identification (RFID) have changed warehouse management a lot in a short amount of time. This has made operations more efficient and saved money. This study looks at how IoT and RFID technologies are used in warehouses using the secondary research method. The research uses data from reliable industry publications, peer-reviewed articles, and case studies to figure out the real benefits of this technology, such as improving the accuracy of inventory, optimizing picking and dispatch, and lowering labor and operational expenses. High-profile case studies, like those of Walmart, Amazon, Flipkart, and DHL, show huge improvements in important performance measures like order fulfillment time, inventory visibility, and logistics costs. The results show how important IoT and RFID are for warehouses today, especially now that e-commerce orders are on the rise, global value chains are getting more complicated, and decisions can be made based on data in real time. The study gives logistics managers, tech adopters, and decision-makers who want to employ these technologies to construct warehouses that are flexible, smart, and cheap a solid platform of data.