Impact Of Radio Frequency Identification Technology Research Articles

Impact of RFID Technology on Coordination of a Three-Tier Fresh Product Supply Chain

This paper focuses on the impact of radio-frequency identification (RFID) technology adoption on supply chain coordination. We consider a three-tier supply chain consisting of one supplier, one transporter and one retailer with centralized and decentralized decision-making. Considering the factors of RFID tag cost and product freshness, two scenarios — with RFID and without RFID — are analyzed. In the decentralized supply chain, a revenue-sharing contract is established to explore each partner’s decisions on ordering quantity, wholesale price and profits. The results show that (1) the tag cost of RFID has different effects on the pricing decisions, ordering quantity and profit of an FPSC, and if the amount of transportation time compression increases, the range of the tag cost’s boundary value will be wider when adopting RFID technology; (2) when the members of an FPSC choose the optimal wholesale price, optimal initial fare and appropriate revenue-sharing coefficient, the FPSC can achieve a win–win result; and (3) the amount of transportation time compression has a positive correlation with the expected profit of the supplier, transporter and retailer but has a negative correlation with loss of the product.

The impact of RFID technologies on inventory accuracy in the apparel retailing: Evidence from the field

In this paper, we assess the level of inventory accuracy that can be reached by adopting radio frequency identification (RFID) technology for inventory count operations in the fashion retailing. Thanks to an in-field implementation, we carried out two series of RFID inventory counts and compared the resulting accuracy level with that obtained exploiting the traditional barcode (BC) technology, so as to highlight the main pros and cons of the RFID adoption. As a general conclusion, the findings from the experimental campaigns and the analyses carried out suggest that RFID inventory counts are more reliable than BC ones. Moreover, under several circumstances, RFID allows detecting out-of-stock situations that are not evident when using either the BC technology or the inventory data stored in the company’ information system. From those findings, a trend of the inventory accuracy as a function of the time required for RFID inventory counts is empirically derived. Such a trend can be exploited in practical cases to estimate the accuracy level achievable with inventory counts depending on the time dedicated to those activities.

Impact of RFID Technology on Logistic Process Efficiency in Retail Supply Chains

The challenges that logistics faces in the retail industry must be investigated in the context of the specific retail sector as well as the degree of development of the retail market. The research focus in this paper is on logistic processes in supermarket supply. The aim is to deepen the understanding of logistic processes and then to investigate the possibilities of their enhancement by applying radio frequency identification (RFID) as a higher level of information technology for product identification in retail supply chains. The research was conducted in one of the top ten trade companies in the emerging Serbian market. Simulation modelling was performed for one supply chain category, followed by quantification of time and cost performance of the current logistic processes (AS-IS model). Then, in accordance with the capabilities of RFID system, improvements are proposed and integrated into a new simulation model (TO-BE model). The obtained results can be utilised as part of a broader research when deciding on the implementation of modern information technologies in supply chains.

A financial viability analysis of a RFID system in the microcomputer supply chain

The purpose of this study is to describe a methodology to assess the financial viability of radio frequency identification (RFID) applications and the main contributions of this technology. The impact of RFID technology on supply chain processes was assessed using an Internal Rate of Return analysis. An extensive, six-month discussion and refinement process with the logistics and supply chain managers of the company under study was conducted to validate the procedure and to collect the necessary data. Such technology enables inventory control, tracking of parts/products and customer satisfaction. The viability of using RFID technology for inventory control and product tracking was confirmed. Among the benefits obtained: the reduction of one worker from the inventory team, reduction in the costs for replacing a component and reduction in the costs incurred with defective components were found. This is one of the few attempts to quantify RFDI technology’s contribution.Keywords: Economic Engineering. RFID. Radio Frequency Identification. Financial Viability Analysis. Internal Rate Of Return. Process Automation.

Impact of RFID technology on economic order quantity models

Radio frequency identification (RFID) has been adopted by many organisations in recent years. The existing inventory models – commonly used for reordering products by the retailer – have been well studied for non-RFID implementations. In this paper, we modify these models to consider RFID implementations. The problem we address in this paper is how RFID implementations can affect the production models. RFID implementations incur additional costs, which is a disadvantage for organisations involved in the supply chain. However, the advantage of RFID is that it can make the supply chain continuously visible, thus reducing the production lead times to zero or almost negligible. The key question we address is, if RFID technology is implemented should the organisation move to a different production model to reap the benefits of RFID implementations? This paper discusses the conditions under which an RFID implementation is beneficial compared to a non-RFID implementation for existing inventory models. We argue t...

Unveiling the Potential of RFID-Enabled Intelligent Patient Management: Results of a Delphi Study

Information technology (IT) in general, and radio frequency identification (RFID) technology in particular, are considered as key enablers of healthcare sector transformation in terms of better quality of care, improved patient management, and increased healthcare efficiency and effectiveness. There is, however, a shortage of studies on the impact of RFID technology on patient management-related processes. This study intends to fill this knowledge gap in literature by unveiling the potential of RFID-enabled intelligent patient management. Twelve patient management-related processes are identified, followed by the assessment of the impact of RFID on the said processes by a panel of experts using a three-round Delphi study. The study identifies the top five processes that may benefit from RFID technology as follows: (1) accurate patient identification for medication safety; (2) patient identification to avoid wrong drug dosage; (3) accurate patient identification; (4) infant identification in hospitals to avoid mismatching; and (5) tracking of drug supplies and procedures performed on each patient. Furthermore, the evaluation of standard deviation variation shows a high convergence of consensus among the members of the panel with regard to nine of the twelve processes. Finally, the paper discusses future research directions.

The impact of RFID technology on logistics processes of the fashion industry supply chain

This paper aims at quantitatively assessing the impact of radio frequency identification (RFID) technology and electronic product code (EPC) system on the main processes of the fashion industry supply chain. A fashion supply chain, composed of a distribution centre (DC) and a retail store (RS), is examined. A questionnaire survey and several site visits were performed to collect both quantitative and qualitative data related to current (AS IS) supply chain processes of each player investigated. Starting from data collected, re-engineered (TO BE) procedures were designed, hypothesising the implementation of RFID technology. Grounding on the gap between AS IS and TO BE scenarios, a detailed investment evaluation was performed in order to assess the profitability of RFID and EPC implementation in the fashion supply chain, both for each player and for different supply chain configurations. Results show that RFID and EPC implementation is profitable under several scenarios examined, and that the profitability ...

A quantitative model for the introduction of RFId in the fast moving consumer goods supply chain

PurposeThe purpose of this paper is to describe an analytical model to assess the costs and benefits of radio frequency identification (RFId) applications in the fast moving consumer goods (FMCG) supply chain.Design/methodology/approachThe paper is based on an in‐depth literature review and a classification of the main contributions regarding the assessment of RFId applications. The impact of RFId technology on supply chain processes has been modelled using an activity‐based approach. An extensive, six‐month discussion and refinement process with the logistics and supply chain managers of 30 FMCG companies is conducted to validate the model and to collect the required inputs.FindingsPallet‐ and case‐level taggings have been explored. The former scenario shows limited benefits, whereas the actual potential of RFId becomes clear in the latter. The profitability of these projects is significantly affected by the costs of RFId tags and by the characteristics of the base‐line supply chain in terms of efficiency, quality requirements and, of course, product features. The model provides a clear assessment of how and when a positive return on investment can be achieved, even with today's technology (in terms of costs and performances).Originality/valueThis is one of the first attempts to provide a comprehensive analysis of the costs and benefits of an RFId application, taking into account all the major factors involved. The model can be a valuable support to manufacturers and retailers in evaluating their investments.

The impact of RFID technology and EPC system on stock‐out of promotional items

This paper examines the impact of radio frequency identification (RFID) and EPC Network on out‐of‐stocks of promotional items during a sales promotion in the fast-moving consumer goods (FMCG) context. A mathematical model is developed to estimate savings achievable by reducing the main causes of unavailability of promotional items. In particular, the model compares the current performance of sales promotion of FMCG retail stores, in terms of stock‐out occurrence and related duration, with a re-engineered situation where RFID and EPC are exploited in the store to reduce stock‐out causes. The model has been applied to a retail store of a major Italian distributor of FMCG. Results of the application suggest that RFID and EPC have the potential to substantially reduce economical losses due to unavailability of promotional items, thus proving the economical profitability of their implementation in the FMCG field.

Radio frequency identification data capture and its impact on shelf replenishment

The final few metres of a retail supply chain can be the most critical. No matter how efficient the supply chain is in delivering to the retail store, inefficient backroom to shelf replenishment will lower the total supply chain performance. This paper provides a systematic means for describing different shelf replenishment policies and, in particular, investigates the role of readily available product information in improving shelf replenishment performance. The motivation for such an investigation comes from the observation that there are emerging automated identification technologies that may be used in the retail environment to enhance product information capture. In particular, radio frequency identification (RFID) can provide accurate and timely unique item level information to influence current shelf replenishment operations. Based on the literature and a series of retail case studies, this paper examines current replenishment policies, and factors that influence the effectiveness of these policies are discussed. Specifically, the issue of timeliness of information, decision and operations is assessed in order to determine the potential impact of RFID technology on shelf replenishment policies.