Business Proposal

Party Plates: Wireless Technologies

Wireless technologies have helped businesses grow and become successful through increased opportunities in sales, improved communication with suppliers and customers, in addition to associate efficiency through connectivity (Rainer & Cegielski, 2011). By 2014 the flow of communication of wireless devices will surpass wired devices (VNI, 2012). The future growth of wireless IP traffic will exceed 60% whereas the remaining percentage will be attributed to wired technology (VNI, 2012). Wireless technology represents the future of business. To remain competitive while preventing the loss of present positions; most companies will need continually to improve their ability to gather and process information and data (Snyder, 2012). Another driver of success is the ability to access real-time information and data that can be achieved through the use of servers in combination with wireless technology (Snyder, 2012). By enabling each associate to become mobile while accessing up-to-date information via wireless technology equips them to deliver a better experience to the customer and in turn will give the company a competitive edge in the market (Snyder, 2012).

The two wireless technologies currently under consideration for Party Plates are Radio Frequency Identification or RFID and Electronic Credit Card Processing. Both technologies provide real-time interaction with customers, suppliers, and associates.

Pros and Cons

Radio-Frequency Identification or RFID and Wireless Electronic Credit Card Processing both present advantages and limitations. Understanding these technologies and what their advantages and limitations are will provide guidance for weighing the benefits to Party Plates.

RFID technology consists of a tiny chip or tag that is attached to inventory items ("What Is RFID?," 2012). RFID provides inventory control through a thin filmed tracking device that uses electromagnetic frequency to transmit a unique...