Technologies for Traceability in Inventory Management System

Abstract

Our main aim in this paper is to show that traceability has become more than a way to guarantee the stock details but also useful after the delivery of the orders. In this paper, we are trying to illustrate this idea where how companies can implement traceability using modern technologies. After researching with the various industrial company about how traceability works, we came up the technologies which can help the company to implement traceability with ease. The companies need traceability in order to track the products while packaging, before and after delivery of orders. With coherent traceability, it becomes easier to locate the missing products in the orders after the delivery and provides credibility of the orders. We are going to review three technologies used in the inventory management systems and how can we use these technologies in traceability is Barcode Technology, Radio Frequency Identification(RFID), and Near Field Communication(NFC).