Question: Effective supply chains involve trust, communication, a rapid, two-way flow of information, visibility, and event-response capability. Discuss the importance of RFID for supply chain management.

Effective supply chains involve trust, communication, a rapid, two-way flow of information, visibility, and event-response capability. Discuss the importance of RFID for supply chain management. Identify some ways RFID can reduce waste and/or make the supply chain more effective.

Please utilize textbook Stevenson, 2019 as a reference among other sources. Thank you.

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