Research on the possibilities of the application of radio frequency identification technologies to supply chain: Lithuanian case

Abstract

In the present article, the possibilities of the application of radio frequency identification technologies (RFID), that are one of the most innovative and currently booming technologies nowadays, in Lithuanian companies, are analysed. The application of this technology to supply chain leads to the constant monitoring of the material flow (feedstock, completing parts and production produced) and informational flow. What is more, it allows shortening the time of movement, preventing errors related to human factor and simplifying the process of the identification of objects. Considering that, the article aims at the determination of the levels of popularity and applicability of RFID technologies in the particular activities of the functional areas of the supply system of Lithuanian companies. The results presented in the article were obtained as a result of employing the methods of comparative analysis, questionnaire survey and interviewing.