RFID-Enabled Inventory Control Optimization: A Proof of Concept in a Small-to-Medium Retailer

Abstract

This study examines the impact of radio-frequency identification (RFID) technology on the inventory control practices of a small-to-medium retailer using a proof of concept (PoC) approach. The exploratory study was conducted using a single case study of a hardware retailer stocking 5000 product lines provided by 110 active suppliers. To analyze the present mode of operation, procedural documents, semi-structured interviews and a participant observation was conducted. The basis for the proof of concept was a future mode of operation using a quasi-experimental design. Results indicate that in a small-to-medium retail environment, RFID technology could act as a loss prevention mechanism, an enabler for locating misplaced stock, and make a significant contribution to the overall improvement of the delivery process.

Sistem Evaluasi Jamunan Mutu Menggunakan Rule Based System Untuk Monitoring Mutu Perguruan Tinggi

“…Penggunaan teknologi RFID sebelumnya pernah digunakan pada sistem inventory farmasi di sebuah rumah sakit di Amerika Serikat, teknologi tersebut digunakan untuk memantau secara realtime persedian obat di rumah sakit tersebut (Cakici et al, 201;Condea et al, 2012;Dane et al, 2010). RFID merupakan salah satu solusi sistem pelacakan dan melacak benda-benda baik secara global maupun lokal Keadaan Awal…”

Posture Classification with a Bed-Monitoring System Using Radio Frequency Identification

“…The RFID consists of a reader, antenna, and tag, to which is added a computer for control. Several RFID-based monitoring technologies have been developed [ 29 , 30 , 31 , 32 , 33 , 34 , 35 , 36 , 37 ]. They have been used to confirm the presence of a medical patient [ 29 , 30 ], to check inventory in a warehouse [ 31 , 32 , 33 , 34 ], and to control time and attendance [ 35 ].…”

“…Several RFID-based monitoring technologies have been developed [ 29 , 30 , 31 , 32 , 33 , 34 , 35 , 36 , 37 ]. They have been used to confirm the presence of a medical patient [ 29 , 30 ], to check inventory in a warehouse [ 31 , 32 , 33 , 34 ], and to control time and attendance [ 35 ]. Methods for measuring human posture and location using RFID have also been developed [ 36 , 37 ].…”

Prediction of Safety Stock Using Fuzzy Time Series (FTS) and Technology of Radio Frequency Identification (RFID) for Stock Control at Vendor Managed Inventory (VMI)

“…RFID technology has been proven to be very useful in planning of production, transportation, and warehousing [8] RFID can integrate into company business process so that it is possible for every entity marked can communicate with all organization information infrastructure, so it can enhance information of supply chain. In business technology process, RFID shows that it can operate in small and middle retail industry and can describe effect of RFID in business operation [9] Vendor Managed Inventory (VMI) has very significant benefit for supply chain and each company. VMI gives competitive profit to retailer related to higher product availability provided by suppliers with the chance to increase production and marketing efficiency.…”