A break-even analysis of RFID technology for inventory sensitive to shrinkage

When is RFID right for your service?

“…Since then, several other academic studies have been written about the benefits (and costs) of adopting RFID. Doerr et al (2006), Niederman et al (2007), De Kok et al (2008), Rekik et al (2008), Szmerekovsky and Zhang (2008), Veeramani et al (2008) and Kim et al (2008) studied the use of RFID to improve supply chain and inventory operations. Doerr et al (2006) combine a multi-criteria tool for the valuation of qualitative benefits with a Monte-Carlo simulation of anticipated financial benefits associated with the implementation of an RFIDbased inventory management of military ordnance.…”

RFID Based Warehouse Management of Perishable Products

“…Tzeng, Chen and Pai [30] and Lee and Lee [31] carried out research on economical assessment of investment and benefits of RFID in supply chains. Hsu et al [32] and Kok et al [33] have carried out breakeven analysis for adoption of RFID in the business organization and cargo clearance process. Wu, Lin and Yu [34] explored the challenges to implement the RFID technology in an organization.…”

An RFID application in large job shop remanufacturing operations

“…Concerns include the management of machine-paced processes (Wang et al, 2008;Vlad et al, 2009), shop floor control Collier, 2008, Thiesse andFleisch, 2008), reverse logistics (Kärkkäinen, 2003;Karaer and Lee, 2007;Kulkarni et al, 2007;Sameer et al, 2009), integration with ERP or similar legacy systems (Kohn et al, 2005;Günther et al, 2008) and inventory accuracy (Fleisch and Tellkamp, 2005;Doerr et al, 2006;De Kok et al, 2008;Rekik et al, 2008Rekik et al, , 2009Szmerekovsky and Zhang, 2008;Uc -kun et al, 2008).…”