Optimal investment levels to eliminate inventory inaccuracy in a two-level supply chain
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CitationUckun, C., Karaesmen, F. & Savas, S. (2007). Optimal investment levels to eliminate inventory inaccuracy in a two-level supply chain. Paper presented at the Proceedings Of The 1st RFID Eurasia Conference, 243-248. doi:10.1109/RFIDEURASIA.2007.4368131
Inventory inaccuracy is a major problem in supply chains. RFID technology is anticipated to alleviate this problem at the expense of the required hardware and software investment. For a supply chain consisting of single supplier and multiple warehouses, we investigate the optimal levels of investment in order to decrease inventory inaccuracy. The analysis yields in-sights on the relative benefits of RFID implementation depending on factors such as demand and inaccuracy variability, financial parameters and supply chain structure.
SourceProceedings Of The 1st RFID Eurasia Conference
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