loading
Papers

Research.Publish.Connect.

Paper

Paper Unlock

Author: Özgen Karaer

Affiliation: Middle East Technical University, Turkey

ISBN: 978-989-758-075-8

Keyword(s): Inventory, RFID, Perishable, Fashion, Imperfect Read Rate, Retail.

Related Ontology Subjects/Areas/Topics: Industrial Engineering ; Information Systems ; Inventory Theory ; Management Sciences ; Methodologies and Technologies ; Operational Research

Abstract: Radio Frequency Identification Technology (RFID) helps reduce or completely eliminate inventory record inaccuracy at retail stores, and thus facilitates inventory visibility in the system. In this paper, we investigate the value of RFID-enabled inventory visibility for a retailer that sells perishable/seasonal merchandise, such as fashion apparel. Because the retailer already commits to a total quantity for the item before the season begins, we cannot anticipate an increase in sales or a reduction in holding cost. Here, we formulate the value as a change in total revenue generated from the product. We characterize how this impact changes with respect to various factors in the model and identify its components.

PDF ImageFull Text

Download
CC BY-NC-ND 4.0

Sign In Guest: Register as new SciTePress user now for free.

Sign In SciTePress user: please login.

PDF ImageMy Papers

You are not signed in, therefore limits apply to your IP address 35.175.201.14

In the current month:
Recent papers: 100 available of 100 total
2+ years older papers: 200 available of 200 total

Paper citation in several formats:
Karaer, Ö. (2015). Managing a Retail Perishable Product with RFID-enabled Inventory Visibility.In Proceedings of the International Conference on Operations Research and Enterprise Systems - Volume 1: ICORES, ISBN 978-989-758-075-8, pages 179-184. DOI: 10.5220/0005253001790184

@conference{icores15,
author={Özgen Karaer.},
title={Managing a Retail Perishable Product with RFID-enabled Inventory Visibility},
booktitle={Proceedings of the International Conference on Operations Research and Enterprise Systems - Volume 1: ICORES,},
year={2015},
pages={179-184},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0005253001790184},
isbn={978-989-758-075-8},
}

TY - CONF

JO - Proceedings of the International Conference on Operations Research and Enterprise Systems - Volume 1: ICORES,
TI - Managing a Retail Perishable Product with RFID-enabled Inventory Visibility
SN - 978-989-758-075-8
AU - Karaer, Ö.
PY - 2015
SP - 179
EP - 184
DO - 10.5220/0005253001790184

Login or register to post comments.

Comments on this Paper: Be the first to review this paper.