Impact of Radio Frequency Identification on Retail Inventory Management

Izdanje: Sinteza 2014 - Impact of the Internet on Business Activities in Serbia and Worldwide

DOI: 10.15308/sinteza-2014-893-897

Link: https://doi.org/10.15308/sinteza-2014-893-897

Apstrakt:
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 properly implemented RFID technology can significantly reduce out-of-stock rate, which primarily comes as result of improved stock accuracy and reduced inventory shrinkage.
Ključne reči: RFID technology, inventory management, out of stock
Kategorije objave: Radovi na konferenciji Sinteza 2014, Beograd, Srbija Radovi sa konferencija

Preuzimanje citata:

BibTeX format 
@article{article,
  author  = {R. Avlijaš, M. Heleta and G. Avlijaš}, 
  title   = {Impact of Radio Frequency Identification on Retail Inventory Management},
  journal = {Sinteza 2014 - Impact of the Internet on Business Activities in Serbia and Worldwide},
  year    = 2014,
  doi     = {10.15308/sinteza-2014-893-897}
}
RefWorks Tagged format 
RT Conference Proceedings
A1 Radoslav Avlijaš
A1 Milenko Heleta
A1 Goran Avlijaš
T1 Impact of Radio Frequency Identification on Retail Inventory Management
AD Međunarodna naučna konferencija Sinteza, Beograd, Srbija
YR 2014
NO doi: 10.15308/sinteza-2014-893-897
Unapred formatirani prikaz citata
R. Avlijaš, M. Heleta and G. Avlijaš, Impact of Radio Frequency Identification on Retail Inventory Management, Međunarodna naučna konferencija Sinteza, 2014, doi:10.15308/sinteza-2014-893-897