A hybrid approach to the valuation of RFID/MEMS technology applied to ordnance inventory

Doerr, Kenneth H.; Gates, William R.; Mutty, John E.

doi:10.1016/j.ijpe.2006.03.007

Cited by 98 publications

(36 citation statements)

References 18 publications

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“…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. Kim et al (2008) evaluated the benefits derived from using real-time information acquired with RFID technology to track the movement of vehicles during the deployment and shipment in the automotive assembly plant.…”

Section: Literature Reviewmentioning

confidence: 99%

When is RFID right for your service?

Ferrer

Dew

Apte

2010

International Journal of Production Economics

112

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Section: Literature Reviewmentioning

confidence: 99%

When is RFID right for your service?

Ferrer

Dew

Apte

2010

International Journal of Production Economics

112

View full text Add to dashboard Cite

“…A positive ROI also depends on the bene ts that RFID can provide [24]. Classical ROI analyzes concentrate on direct bene ts, while new RFID analyzes investigate indirect bene ts.…”

Section: Return On Investment (Roi)mentioning

confidence: 99%

Impact of Radio Frequency Identification on Retail Inventory Management

Avlijaš¹

2014

Proceedings of the 1st International Scientific Conference - Sinteza 2014

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Abstract:The goal of inventory management is to have products in right location, right time and right quantity, with minimum time and cost waste. Technology that promises to reduce time, cost and improve customer satisfaction is Radio Frequency Identification (RFID). This paper explores potential benefits and challenges of the application of RFID in retail operations, specially related to inventory management and out-of-stock reduction. Paper concludes that although RFID technology can significantly improve product availability and traceability, costs of item-level RFID implementation are still much larger than the costs of current identification technologies.

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“…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).…”

Section: Rfid Technology In Production Processesmentioning

confidence: 99%