A quantitative view on how RFID can improve inventory management in a supply chain

References

• Al-Zubaidi , H. and Tyler , D. 2004 . A simulation model of quick response replenishment of seasonal clothing . International Journal of Retail and Distribution Management , 32 ( 6 ) : 320 – 327 .
   Google Scholar
• Alexander , K. , Birkhofer , G. , Gramling , K. , Kleinberger , H. , Leng , S. , Moogimane , D. and Woods , M. 2003a . “ Focus on retail: applying auto-ID to improve product availability at the retail shelf ” . In White paper , Auto-ID Center, MIT .
   Google Scholar
• Alexander , K. , Gilliam , T. , Gramling , K. , Kindy , M. , Moogimane , D. , Schultz , M. and Woods , M. 2003b . “ Focus on the supply chain: applying auto-ID within the distribution center ” . In White paper , Auto-ID Center, MIT .
   Google Scholar
• Alexander , K. , Gilliam , T. , Gramling , K. , Grubelic , C. , Kleinberger , H. , Leng , S. , Moogimane , D. and Sheedy , C. 2003c . “ Applying auto-ID to reduce losses associated with product obsolescence ” . In White paper , Auto-ID Center, MIT .
   Google Scholar
• Alexander , K. , Gilliam , T. , Gramling , K. , Grubelic , C. , Kleinberger , H. , Leng , S. , Moogimane , D. and Sheedy , C. 2003d . “ Applying auto-ID to reduce losses associated with shrink ” . In White paper , Auto-ID Center, MIT .
   Google Scholar
• Angeles , R. 2005 . RFID technologies: supply chain applications and implementation issues . Information Systems Management , 22 ( 1 ) : 51 – 65 .
   Web of Science ®Google Scholar
• Box , G. E.P. , Hunter , W. G. and Hunter , J. S. 1978 . Statistics for experiments: an introduction to design, data analysis, and model building , New York : John Wiley .
   Google Scholar
• Brown , K. L. , Inman , A. and Calloway , J. A. 2001 . Measuring the effect of inventory inaccuracy in MRP inventory and delivery performance . Production Planning and Control , 12 ( 1 ) : 46 – 57 .
   Web of Science ®Google Scholar
• Cachon , G. 2001 . Managing a retailer's shelf space, inventory, and transportation . Manufacturing and Service Operations Management , 3 ( 3 ) : 211 – 229 .
   Google Scholar
• Cachon , G. and Fisher , M. 2000 . Supply chain inventory management and the value of shared information . Management Science , 46 ( 8 ) : 1032 – 1048 .
   Web of Science ®Google Scholar
• Corsten , D. and Gruen , T. 2003 . Desperately seeking shelf availability: an examination of the extent, the causes, and the efforts to address retail out-of-stocks . International Journal of Retail and Distribution Management , 31 ( 11/12 ) : 605 – 617 .
   Google Scholar
• DeHoratius , N. and Raman , A. 2004 . “ Inventory record inaccuracy: an empirical analysis ” . In Working paper , University of Chicago .
   Google Scholar
• Eynan , A. and Kropp , D. H. 1998 . Periodic review and joint replenishment in stochastic demand environments . IIE Transactions , 30 ( 11 ) : 1025 – 1033 .
   Web of Science ®Google Scholar
• Fleisch , E. and Tellkamp , C. 2005 . Inventory inaccuracy and supply chain performance: a simulation study of a retail supply chain . International Journal of Production Economics , 95 ( 3 ) : 373
   Web of Science ®Google Scholar
• Forrester , J. W. 1958 . Industrial dynamics – a major breakthrough for decision makers . Harvard Business Review , 36 ( 4 ) : 37 – 66 .
   Web of Science ®Google Scholar
• Gaukler , G. , Seifert , R. W. and Hausman , W. H. 2007 . Item-level RFID in the retail supply chain . Production and Operations Management , 16 ( 1 ) : 65 – 67 .
   Web of Science ®Google Scholar
• Graves , S. C. , Rinnooy Kan , A. H.G. and Zipkin , P. H. 1993 . “ Logistics of production and inventory ” . In Handbooks in operations research and management science , Vol. 4 , Amsterdam : Elsevier Science Publishers .
   Google Scholar
• Gruen , T. W. , Corsten , D. S. and Bharadwaj , S. 2002 . Retail out-of-stocks: a worldwide examination of extent, causes and consumer responses . Research Report published by the Grocery Manufacturers of America, The Food Marketing Institute and CIES—The Food Business Forum
   Google Scholar
• Hardgrave , B. C. , Waller , M. and Miller , R. 2005 . “ Does RFID reduce out of stocks? A preliminary analysis ” . In White paper , Sam M. Walton College of Business, University of Arkansas .
   Google Scholar
• Hardgrave , B. C. , Waller , M. and Miller , R. 2006 . “ RFID's impact on out of stocks: a sales velocity analysis ” . In White paper , Sam M. Walton College of Business, University of Arkansas .
   Google Scholar
• Iglehart , D. L. and Morey , R. C. 1972 . Inventory systems with imperfect asset information . Management Science , 8 ( 18 ) : 388 – 394 .
   Google Scholar
• Jain , A. 2007 . Value of capacity pooling in supply chains with heterogeneous customers . European Journal of Operational Research , 177 ( 1 ) : 239 – 260 .
   Google Scholar
• Jones , P. , Clark-Hill , C. , Shears , P. , Comfort , D. and Hillier , D. 2004 . Radio frequency identification in the UK: opportunities and challenges . International Journal of Retail and Distribution Management , 32 ( 3 ) : 164 – 171 .
   Google Scholar
• Joshi , Y. 2000 . Information visibility and its effect on supply chain dynamics , MIT . Master degree thesis
   Google Scholar
• Kärkkäinen , M. 2003 . Increasing efficiency in the supply chain for short shelf life goods using RFID tagging . International Journal of Retail and Distribution Management , 31 ( 10 ) : 529 – 536 .
   Google Scholar
• Kärkkäinen , M. and Holmström , J. 2002 . Wireless product identification: enabler for handling efficiency, customisation and information sharing . Supply Chain Management: An International Journal , 7 ( 4 ) : 242 – 253 .
   Google Scholar
• Kambil , A. and Brooks , J. D. 2002 . “ Auto-ID across the value chain: from dramatic potential to greater efficiency & profit ” . In White paper , Auto-ID Center, MIT .
   Google Scholar
• Kang , Y. and Gershwin , S. Information inaccuracy in inventory systems stock loss and stockout . Joint MIT/INFORMS symposium .
   Google Scholar
• Kang , Y. and Koh , R. 2002 . Applications research , Auto-ID Center, MIT . Research Report
   Google Scholar
• Kök , A. G. and Shang , K. H. 2004 . “ Replenishment and inspection policies for systems with inventory record inaccuracy ” . In Working paper , Duke University .
   Google Scholar
• Krajewski , L. J. , King , B. E. , Ritzman , L. P. and Wong , D. S. 1987 . Kanban, MRP, and shaping the manufacturing environment . Management Science , 33 ( 1 ) : 39 – 57 .
   Web of Science ®Google Scholar
• Lai , F. , Hutchinson , J. and Zhang , G. 2005 . Radio frequency identification (RFID) in china: opportunities and challenges . International Journal of Retail and Distribution Management , 33 ( 12 ) : 905 – 916 .
   Google Scholar
• Lau , H. S. and Lau , A. H.L. 2003 . Non-robustness of the normal approximation of lead-time demand in a (Q,R) system . Naval Research Logistics , 50 ( 2 ) : 149 – 166 .
   Google Scholar
• Law , A. and Kelton , D. 2000 . Simulation modeling and analysis , 3 , Boston : McGraw-Hill .
   Google Scholar
• Lee , Y. M. , Cheng , F. and Leung , Y. Exploring the impact of RFID on supply chain dynamics . Proceedings of the 2004 Winter Simulation Conference . Edited by: Ingalls , R. G. , Rossetti , M. D. , Smith , J. S. and Peters , B. A. Available from: http://www.informs-sim.org/wsc04papers/147.pdf
   Google Scholar
• Lee , H. L. , Padmanabhan , V. and Whang , S. 1997 . The bullwhip effect in supply chains . Sloan Management Review , 38 ( 3 ) : 93 – 102 .
   Google Scholar
• Lee , H. L. , So , K. C. and Tang , C. S. 2000 . The value of information sharing in a two-level supply chain . Management Science , 46 ( 5 ) : 626 – 643 .
   Web of Science ®Google Scholar
• Lee , H. L. and Whang , S. 2000 . Information sharing in a supply chain . International Journal of Technology Management , 20 ( 3/4 ) : 373 – 387 .
   Web of Science ®Google Scholar
• Leung , Y. T. , Cheng , F. , Lee , Y. M. and Hennessy , J. 2007 . “ A tool set for exploring the value of RFID in a supply cha ” . In Trends in supply chain design and management: technologies and methodologies , Edited by: Jung , H. , Chen , F. F. and Jeong , B. 49 – 70 . London : Springer-Verlag .
   Google Scholar
• Li , J. , Shaw , M. and Sikora , R. 2001 . “ The effects of information sharing strategies on supply chain performance ” . University of Illinois at Urban-Champaign . Working paper
   Google Scholar
• McFarlane , D. and Sheffi , Y. 2003 . The impact of automatic identification on supply chain operations . International Journal of Logistics Management , 14 ( 1 ) : 1 – 17 .
   Google Scholar
• RFID Journal, published by RED Journal, LLC, Melville, New York, in print and on the web at www.rfidjournal.com, accessed April 3, 2008
   Google Scholar
• Riemenschneider , C. K. , Hardgrave , B. and Armstrong , D. J. 2007 . “ Is there a business case for RFID? ” . In Working paper ITRI-WP091-0507 , Sam. M. Walton College of Business, University of Arkansas .
   Google Scholar
• Rutner , S. M. , Waller , M. A. and Mentzer , J. T. 2004 . A practical look at RFID . Supply Chain Management Review , 8 ( 1 ) : 36 – 41 .
   Google Scholar
• Suri , R. and De Treville , S. 1986 . Getting from ‘Just-in-Case’ to ‘Just-in-Time’: insights from a simple model . Journal of Operations Management , 6 ( 3 ) : 295 – 304 .
   Google Scholar
• Twist , D. C. 2005 . The impact of radio frequency identification on supply chain facilities . Journal of Facilities Management , 3 ( 3 ) : 226 – 239 .
   Google Scholar
• Tyworth , J. E. and O'Neill , L. 1997 . Robustness of the normal approximation of lead-time demand in a distribution setting . Naval Research Logistics , 44 ( 2 ) : 165 – 186 .
   Web of Science ®Google Scholar
• Wayman , W. A. 1995 . Inventory accuracy through warehouse control . Production and Inventory Management Journal , 36 ( 2 ) : 17
   Google Scholar
• Wibe , S. 2005 . A simple simulation model for the forest sector . Journal of Forest Economics , 11 ( 1 ) : 45 – 52 .
   Google Scholar
• Wolf , J. L. , Squillante , M. S. , Turek , J. J. , Yu , P. S. and Sethuraman , J. 2001 . Scheduling algorithms for the broadcast delivery of digital products . IEEE Transactions on Knowledge and Data Engineering , 13 ( 5 ) : 721 – 741 .
   Google Scholar
• Wong , C. Y. and McFarlane , D. 2003 . “ The impact of auto-ID on retail shelf replenishment policies ” . In White paper , Auto-ID Center, MIT .
   Google Scholar