Study on the Impacts of RFID Technology in Supply Chain Management
Radio Frequency Identification (RFID) is regarded as a promising technology for the optimization of supply chain processes since it improves manufacturing and retail operations from forecasting demand to planning, managing inventory, and distribution. This study uses a simulation model to calculate the expected benefits of an integrated RFID system on supply chain obtained through performance increases in efficiency, accuracy, visibility, and security level. Drawing upon a database of over 160 manufacturing facilities in china, this paper presented RFID Investment Evaluation Model, and provides a basis for enhancing our understanding of RFID value creation, measurement, and ways to maximize the value of RFID technology on supply chain management. A future research direction is also discussed.
Y. Li and H. X. Li, "Study on the Impacts of RFID Technology in Supply Chain Management", Advanced Materials Research, Vols. 271-273, pp. 235-240, 2011