Study on the Impacts of RFID Technology in Supply Chain Management

Abstract:

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.

• Periodical: Advanced Materials Research (Volumes 271-273)
• Pages: 235-240
• DOI: https://doi.org/10.4028/www.scientific.net/AMR.271-273.235
• Online since: July 2011
• Authors: Yan Li, Hong Xia Li
• Keywords: Radio Frequency Identification (RFID), SCM, Supply Chain

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