MANAGING A RETAIL FASHION PRODUCT WITH RFID-ENABLED INVENTORY VISIBILITY
Öz
One of the main promises of Radio Frequency Identification Technology
(RFID) is reduction in inventory record inaccuracy at retail stores, and thus
to help achieve inventory visibility in the system. In this paper, we investigate
the impact of RFID-enabled inventory visibility for a retailer that sells
fashion merchandise, such as trendy apparel. Because the retailer already
commits to a total quantity for the item before the season begins, an increase
in sales cannot be expected. Here, we formulate the value of inventory
visibility as an increase in revenue generated from the product. We
characterize the components of this impact and how it changes with respect to
the retailer and product characteristics. We also consider the possibility of
imperfect performance of an enabler technology like RFID, and analyze how it
affects the ROI of the technology.
Anahtar Kelimeler
Teşekkür
Kaynakça
- [1] STAFF, “The best thing since the bar-code”, www.economist.com, 2003. (erişim tarihi 07.05.2017)
- [2] BERNARDERS, W., “RFID Is the Solution for Omnichannel Sales”, www.rfidjournal.com, 2017. (erişim tarihi 07.05.2017)
- [3] PRINCE, N., “Prime Vision to Offer RFID-enabled Packaging System”, www.rfidjournal.com, 2017. (erişim tarihi 07.05.2017)
- [4] SWEDBERG, C., “Russian Tag Company Reaches for a Worldwide Audience”,
- [5] www.rfidjournal.com, 2013. (erişim tarihi 07.05.2017)
- [6] SWEDBERG, C., “Polish Retail Chain Keeps Food Cool With RFID”, www.rfidjournal.com, 2017. (erişim tarihi 07.05.2017)
- [7] ZAINO, J., “The New ‘It’ Tool for Branding Products and Services”, www.rfidjournal.com, 2013. (erişim tarihi 07.05.2017)
- [8] DEHORATIUS, N., MERSERAU, A.J., SCHRAGE, L., “Retail Inventory Management When Records are Inaccurate”, Manufacturing & Service Operations Management 10 (2), 257-277, 2008.
Ayrıntılar
Birincil Dil
İngilizce
Konular
Endüstri Mühendisliği
Bölüm
Araştırma Makalesi
Yazarlar
Özgen Karaer
*
0000-0002-0802-0503
Türkiye
Yayımlanma Tarihi
31 Temmuz 2019
Gönderilme Tarihi
28 Haziran 2018
Kabul Tarihi
1 Nisan 2019
Yayımlandığı Sayı
Yıl 2019 Cilt: 8 Sayı: 2