Investment in improved inventory accuracy in a decentralized supply chain

Uçkun, Canan; Karaesmen, Fikri; Savaş, Selçuk

doi:10.1016/j.ijpe.2007.10.012

Cited by 70 publications

(30 citation statements)

References 18 publications

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“…Scholars in support of RFID have argued its potential to improve supply chain operational effectiveness and efficiency. These scholars propose RFID as a new alternative to existing tracking methods and a means to a wide range of previously cost-prohibitive internal control and supply chain coordination innovations (Bendoly et al, 2007;Bottani and Rizzi, 2008;Rekik et al, 2008;Uckun et al, 2008). Regardless, given the external pressures to adopt coupled with the potential benefits of RFID, the adoption decision is for the most part based on managerial opinion (Vijayaraman and Osyk, 2006;Angeles, 2007;Bendoly et al, 2007;Cannon et al, 2008;Angeles, 2009).…”

Section: Introductionmentioning

confidence: 99%

Accessing antecedents and outcomes of RFID implementation in health care

Reyes

Visich

2012

International Journal of Production Economics

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This research first conceptualizes, develops, and validates four new constructs for studying RFID in health care, including Drivers (Internal and External), Implementation Level (Clinical health care organizations and the measurement scales were validated using structural equation modeling. Second, a framework is developed to discuss the causal relationships among the above mentioned constructs and the established construct Performance. The research also compares perception differences regarding RFID implementation among the non-implementers, future implementers, and current implementers of RFID. It is found that both future implementers and current implementers consider RFID barriers to be lower and benefits to be higher compared to the non-implementers.

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Section: Introductionmentioning

confidence: 99%

Accessing antecedents and outcomes of RFID implementation in health care

Reyes

Visich

2012

International Journal of Production Economics

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“…Some inventory inaccuracies that may occur even with automation are: selling and restocking errors, replenishment errors, database errors, incomplete data synchronization, and theft (DeHoratius and Raman, 2008). With a similar view, Uçkun, Karaesmen and Savaş (2008) stated that the use of IT in the supply chain makes it easier to collect and store data, but the tracking of inventory is still prone to errors. Periodical review of inventory has proved useful in addressing inaccuracy.…”

Section: Analysis Of Automation In Inventory Management In Jamaican Smesmentioning

confidence: 99%

A Study of Inventory Control Systems by Jamaican SMEs in Retail and Manufacturing/Distribution Industries

Johnson¹,

Ruankaew²

2017

IJBM

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It is widely accepted that firms can achieve effective inventory management with the right strategies. This study analyzed the inventory control strategies of small to medium-sized enterprises (SMEs) in Jamaica. The objectives of the study were to identify whether these companies used the "best practices" in inventory control, the effects of their strategies on business performance, and the factors that affected the development of their strategies. The study employed a methods triangulation approach that included case studies, interviews, questionnaires, and observation with a focus on twelve inventory-intensive SMEs in retail and manufacturing/distribution industries. The SMEs were found to use common inventory control strategies such as stock counts, Enterprise Resource Planning (ERP) systems, forecasting, and inventory classification.The findings of this study support institutional theory and isomorphism because it was discovered that due to external influences, firms studied within the same industry adopted similar strategies, and even in different industries, the 'best practices' in inventory control were the same. The drivers of this isomorphic organizational behavior were found to be costs, government regulations, and imitation of successful strategies in other companies. The SMEs surveyed were classified as semi-automated due to limited automation and confirmed success in their inventory management. The study validates the existence of institutionalism among SMEs in the retail as well as manufacturing/distribution industries in Jamaica. A broader scope examining larger firms and other industries would further identify isomorphic organizational behavior across the Jamaican business landscape. For future research, an investigation of financial performance and changes and adoption of new inventory control strategies of Jamaican SMEs is recommended to achieve a broad view of inventory management on the financial performance of Jamaican SMEs.

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“…Wang et al (2008a) Modeling of a pull-based inventory replenishment system. Uckun et al (2008) Optimal investment in RFID to maximize profit by decreasing inventory inaccuracy. Szmerekovsky & Zhang (2008) Inventory policy for item level tagging in a two-echelon, VMI system.…”

Section: Empirical Study Typementioning

confidence: 99%

Empirical evidence of RFID impacts on supply chain performance

Visich

Khumawala

et al. 2009

International Journal of Operations &Amp; Production Management

138

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Purpose -A great deal of confusion exists in the literature concerning the benefits of radio frequency identification (RFID). The purpose of this paper is to investigate the actual benefits of RFID on supply chain performance through the empirical evidence.Design/methodology/approach -The research reviews and classifies the existing quantitative empirical evidence of RFID on supply chain performance. We classify the evidence by process (operational or managerial) and for each process by effect (automational, informational, and transformational).Findings -The empirical evidence showed that the major effects from the implementation of RFID are automational effect on operational processes followed by informational effects on managerial processes. The RFID implementation has not reached transformational level on both operational and managerial processes. RFID has an automational effect on operational processes through inventory control and efficiency improvements. An informational effect for managerial processes is observed for improved decision quality, production control and the effectiveness of retail sales and promotions coordination. In addition, a three stage model is proposed to explain the effects of RFID on supply chain. Research limitations/implications -Limitations of this research include the use of secondarysources and the lack of consistency in performance measure definitions. Future research could 2 focus on detailed case studies that investigate cross-functional applications across the organization and the supply chain.Practical implications -For managers, the empirical evidence presented can help them identify implementation areas where RFID can have the greatest impact. The data can be used to build the business case for RFID and therefore better estimate ROI and the payback period.Originality/value -This research fills a void in the literature by providing practitioners and researchers with a better understanding of the quantitative benefits of RFID in the supply chain.

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Investment in improved inventory accuracy in a decentralized supply chain

Cited by 70 publications

References 18 publications

Accessing antecedents and outcomes of RFID implementation in health care

Accessing antecedents and outcomes of RFID implementation in health care

A Study of Inventory Control Systems by Jamaican SMEs in Retail and Manufacturing/Distribution Industries

Empirical evidence of RFID impacts on supply chain performance

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