Operations Management-Walmart has set precedence with its RFID technology
Walmart has set precedence with its RFID technology. Review your textbook, library journals and business websites regarding Walmart and answer the guiding questions, keeping the company in mind.1. Explain how the RFID technology enables Walmart to effectively manage its inventory.2. Unlike Walmart, many global companies rely upon third-party logistics providers (3PL) and fourthâparty logistics providers (4PL). Compare and contrast 3PLs and 4PLs.3. Identify how a local company that is expanding globally can benefit from RFID, 3PLs, and 4PLs.Grading CriteriaThis is an essay assignment. Please include a title page, introduction, conclusion, and references. Provide sufficient background information, and clearly explain your responses to each question. Excluding your title page, introduction, conclusion, and reference pages, this assignment should be 3-4 pages.