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Effectiveness and Potential Benefits of Radio Frequency Identification Technology (RFID) in Express Delivery

Author

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  • Kristian Krastev

    (University of National and World Economy, Sofia, Bulgaria)

Abstract

The present article explores the application of the Radio Frequency Identification Technology (RFID) in the sector of logistics. The technology is analyzed in terms of the potential of customers’ benefits from logistics services and the achievement of greater optimization and efficiency in processes by the management of logistics companies. The benefits from the application and use RFID technology in the mainstream processes of express delivery are presented.

Suggested Citation

  • Kristian Krastev, 2019. "Effectiveness and Potential Benefits of Radio Frequency Identification Technology (RFID) in Express Delivery," Ikonomiceski i Sotsialni Alternativi, University of National and World Economy, Sofia, Bulgaria, issue 2, pages 145-151, June.
    • Handle: RePEc:nwe:iisabg:y:2019:i:2:p:145-151
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    More about this item

    Keywords

    RFID technology; express delivery; innovation; efficiency; process optimization;
    All these keywords.

    JEL classification:

    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship

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