While the terminology may seem complicated, it’s actually a pretty simple idea: every company that sells merchandise needs to keep track of their goods from production to sales. That’s the chain of supply and even the slightest kink in it can sink a business. That’s all well and good, but how does this apply to the IT world?
Well, not surprisingly, as with most things in this world, supply chain management has become computerized. The use of radio-frequency identification (RFID), has been incorporated into many different applications that can help companies stay on top of everything from manufacturing to inventory control.