A break-even analysis of RFID technology for inventory sensitive to shrinkage

A break-even analysis of RFID technology for inventory sensitive to shrinkage
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DOI:
10.1016/j.ijpe.2007.05.005
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发表时间:
2008-04
影响因子:
12
通讯作者:
De Kok;Van Donselaar;V. T. Woensel
De Kok;Van Donselaar;V. T. Woensel
中科院分区:
工程技术1区
文献类型:
--
作者:
De Kok;Van Donselaar;V. T. Woensel

文献摘要

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通过在产品上嵌入RFID标签,制造商和零售商都试图控制收缩(例如由于盗窃)。当前的库存控制系统没有考虑到由于这种萎缩而消失的库存。作为回应,纠正措施是通过执行昂贵的审计,其中实际库存计数。本文提出的研究适应的库存政策,包括收缩率和RFID技术的影响。因此,通过在成本方面比较有RFID的情况和没有RFID的情况,可以导出RFID标签的盈亏平衡价格的精确分析表达式。结果表明,这些盈亏平衡价格与实施RFID后丢失物品的价值、收缩率和剩余收缩率高度相关。一个简单的粗略近似,以确定最大金额的资金经理应该愿意投资于RFID技术的介绍和评估。
By embedding RFID tags onto their products, both manufacturers and retailers try to control for shrinkage (e.g. due to theft). Current inventory control systems do not take into account the disappearing inventory due to this shrinkage. As a response, corrective actions are made by performing costly audits in which actual inventory is counted. The research presented in this paper adapts the inventory policy by including both the shrinkage fraction and the impact of RFID technology. Accordingly, by comparing the situation with RFID and the one without RFID in terms of costs, an exact analytical expression can be derived for the break-even prices of an RFID tag. It turns out that these break-even prices are highly related with the value of the items that are lost, the shrinkage fraction and the remaining shrinkage after implementing RFID. A simple rough-cut approximation to determine the maximum amount of money a manager should be willing to invest in RFID technology is presented and evaluated.