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Supply Chain Coordination under Inventory Inaccuracy with RFID Technology

Quansheng Lei, Yin Zhang, Lingyu Zhou
2018 Mathematical Problems in Engineering  
For the integrated, we compare the different supply chain revenue with and without RFID technology and then determine the optimal inventory decisions.  ...  In this paper we consider a two-echelon supply chain under price-dependent demand market and we use RFID to eliminate the effect of inventory inaccuracy.  ...  Here we mainly consider the ROI (return on investment) analysis and its use in supply chain with inventory inaccuracy. RFID technology is one of the most anticipated technologies [15] .  ... 
doi:10.1155/2018/4686531 fatcat:xrvyptm6ljcoxffiwybuvhh7em

Unlocking the Value of RFID

Hau Lee, Özalp Özer
2007 Production and operations management  
R FID (Radio-Frequency Identification) technology has shown itself to be a promising technology to track movements of goods in a supply chain.  ...  As such, it can give unprecedented visibility to the supply chain. Such visibility can save labor cost, improve supply chain coordination, reduce inventory, and increase product availability.  ...  A Critical Review of Current Value Estimates There are three ways to assess the value of a new technology. First, one can ask experts or practitioners to subjectively give their best estimates.  ... 
doi:10.1111/j.1937-5956.2007.tb00165.x fatcat:sq3zjtnoineb7l44azbs66qooq

Barriers to RFID Adoption in the Supply Chain

Nicholas Huber, Katina Michael, Luke McCathie
2007 2007 1st Annual RFID Eurasia  
Prospective customers are also finding it difficult to justify a business case solely on RFID. Enter the idea of convergence between the long standing barcode and RFID technology.  ...  Prospective customers are also finding it difficult to justify a business case solely on RFID. Enter the idea of convergence between the long standing barcode and RFID technology.  ...  It was agreed on by both the retailer and the RFID vendors and associations that cost was the most dominant barrier to the integration of RFID in a retail setting.  ... 
doi:10.1109/rfideurasia.2007.4368128 fatcat:hbwhf7ea4ffxpdbpsql5gehw34

RFID-Enabled Business Process Intelligence in Retail Stores: A Case Report

Jasser Al-Kassab, Frederic Thiesse, Thomas Buckel
2013 Journal of Theoretical and Applied Electronic Commerce Research  
The growing interest in Radio Frequency Identification (RFID) technology in recent years has sparked an intensive debate on the benefits to be expected.  ...  The objective of the trial was to explore the opportunities for generating novel performance indicators and reports on the reality of store processes and customer behavior on the sales floor.  ...  Therefore, empirical research that investigates the impact of RFID on management processes will be necessary to better justify the substantial investments in RFID systems in retail and other industries  ... 
doi:10.4067/s0718-18762013000200010 fatcat:i5xk6myo4rfbvoslwo26h3nzru

Analysis of Implementation of RFID Technology in Retail Industry

2018 International Journal of Recent Trends in Engineering and Research  
The thesis tries to contribute to the understanding of the RFID technology in the retail industry.  ...  In a bird's eye view, this research thesis work is a contribution to the implementation of RFID technology in the retail industry and its integration among the different entities of retail supply chain  ...  For making decision whether or not to invest, most important is to study the effect of the investment on the reduction of waiting time.  ... 
doi:10.23883/ijrter.2018.4146.ltks7 fatcat:cibrkh2u7jg2xhcqzcys5zk5aq

Ordering Policy of Two-Stage Newsvendor Model for Fresh Retailer under RFID Investment

Na Fu, Junhai Ma
2021 Discrete Dynamics in Nature and Society  
profits, and provides decision-making reference for fresh retailers whether to invest in RFID or not.  ...  Applying RFID technology to the supply chain of fresh products, through the real-time tracking technology, can not only reduce the products' time dependence but also realize the second order within the  ...  Acknowledgments is research was supported by the Tianjin Philosophy and Social Science Planning Project "Research on Agricultural IoT Investment and Government Subsidy under the Background of Beijing-Tianjin-Hebei  ... 
doi:10.1155/2021/5565362 fatcat:7eo4r24pyneu3lrfl4vpxxwebu

Analytics for Operational Visibility in the Retail Store: The Cases of Censored Demand and Inventory Record Inaccuracy [chapter]

Li Chen, Adam J. Mersereau
2015 International Series in Operations Research and Management Science  
The second is inventory record inaccuracy, where intelligent replenishment and inspection policies may be able to reduce inventory management costs even without real-time tracking technologies like radio  ...  frequency identification (RFID).  ...  2013 UNC Retail Conference for valuable discussions and input.  ... 
doi:10.1007/978-1-4899-7562-1_5 fatcat:2kmb62issfegtdshn2rs4ynola

An e-retailing supply chain subject to inventory inaccuracies

Yacine Rekik, Aris Syntetos, Zied Jemai
2015 International Journal of Production Economics  
) supply chains for three plausible scenarios: inaccuracy errors are ignored; errors are estimated; the utilization of a Radio Frequency Identification (RFID) technology enables the reduction of the relevant  ...  In this paper we model and analyze the impact of inventory inaccuracies on supply chain performance.  ...  The fixed costs of the investment necessary to implement the technology are deliberately not part of our inventory models.  ... 
doi:10.1016/j.ijpe.2015.04.011 fatcat:fmrpas7qvbdujixnr6i7q4z3rq

Understanding RFID Technology within a Business Intelligence Framework

Richard Herschel, Patricia D. Rafferty
2012 Intelligent Information Management  
With its focus on organizational efficiency and effectiveness, RFID technology is superior to barcodes in its ability to provide source automation features that increase the speed and volume of data collection  ...  Radio Frequency Identification (RFID) technology provides new and exciting opportunities for increasing organizational, financial, and operational performance.  ...  SPS will provide BI capabilities to retailers, allowing them to forecast the impact of using RFID technology on operating profit, inventory accuracy, unit sales and other metrics [44] .  ... 
doi:10.4236/iim.2012.46046 fatcat:u3d6vga7x5df3imkmkmnfulxsq

Optimal Decisions for Adoption of Item-Level RFID in a Retail Supply Chain with Inventory Shrinkage under CVaR Criterion

Chunming Xu, Daozhi Zhao
2016 Discrete Dynamics in Nature and Society  
This paper investigates the effect of item-level RFID on inventory shrinkage in the retail supply chain, which consists of a risk-neutral manufacturer and a risk-averse retailer.  ...  In particular, a sufficient condition is given to judge whether to adopt item-level RFID.  ...  Considering the application of RFID technology to eliminate the misplacement problems, Chen et al.  ... 
doi:10.1155/2016/7834751 fatcat:stdcbjuhbfbk3kbu7wvfj4lihq

Cost-Benefit Sharing in Cross-Company RFID Applications: A Case Study Approach

Philipp Bensel, Oliver Günther, Christoph Tribowski, Stefan Vogeler
2008 International Conference on Information Systems  
Partager les coûts et les bénéfices des applications RFID impliquant plusieurs partenaires : une approche par études de cas Completed Research Paper  ...  These research findings are based on the analysis of a single case study and the experience of the authors gained from several other RFID projects.  ...  Apart from RFID applications for inventory control and efficiency improvements, the use of RFID in retail can contribute to a better shopping experience for the customer.  ... 
dblp:conf/icis/BenselGTV08 fatcat:ecfh2jndfjg5xaug3wvd7gq5tm

Multi-Criteria Risk-Benefit Analysis of Health Care Management

Yahia zare mehrjerdi
2013 International Journal of Industrial Engineering and Production Research  
and the system under consideration, sufficient background on the radio frequency identification technology is provided and the RFID systems most likely management would face with and select one are provided  ...  suitable RFID-based systems decision, and (2) to highlight key risks and benefits of radio frequency identification technology in healthcare industry.  ...  Once this technology is coupled with the power of the Internet and there is a real-time product recalls, where retailers' own inventory control systems, tied into RFID databases, alert the store manager  ... 
doaj:6a4e346719074123afbb09f8db52ef8b fatcat:np4uy242fbgf5f6wvdh7xfiazm

The Determinants of RFID Adoption in the Logistics Industry - A Supply Chain Management Perspective

She-I Chang, Shin-Yuan Hung, David C. Yen, Yi-Jiun Chen
2008 Communications of the Association for Information Systems  
To avoid the negative effects derived from careless IT investments, companies in Taiwan's logistics industry must evaluate the factors that could affect the adoption of RFID prior to its introduction.  ...  Despite the literature exploring the factors of adopting information technology (IT) applications for the logistics industry, Radio Frequency Identification (RFID) is still considered an innovative technology  ...  One must therefore proceed and undertake another further survey in the future to determine the reasons for this.  ... 
doi:10.17705/1cais.02312 fatcat:tfthmiimcbe67phd3pyn5rhtle

Demand Estimation from Censored Observations with Inventory Record Inaccuracy

Adam J. Mersereau
2015 Manufacturing & Service Operations Management  
When a retailer or other firm forecasts demand based on past sales observations, the firm requires an estimation approach that accounts for this censoring.  ...  However, for a variety of reasons, firms often do not know how many units are available to meet demand. We investigate the impact of this unknown on demand estimation in a censored environment.  ...  The author thanks Vinayak Deshpande and Linus Schrage for comments on a draft version of this manuscript.  ... 
doi:10.1287/msom.2015.0520 fatcat:gbyuph4mkrcxxjto6cf23aewka

Full Issue (30.2, Winter/Spring 2020)

Journal of Transportation Management Editors
2020 Journal of Transportation Management  
Authors considering the submission of an article to the JTM are encouraged to contact the editor for help in determining relevance of the topic and material.  ...  Articles related to any and all types of organizations, and of local to global scope, will be considered for publication.  ...  For years, retailers have utilized radio frequency identification technology (RFID) and tags to help maintain inventory integrity within the warehouse and for some high value products within the retail  ... 
doi:10.22237/jotm/1577854800 fatcat:uuejduhtavdanji65wg2qa2uva
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