Woody/Epps Car Finder

Lately Conner and Martin have been working with “radio frequency identification” (RFID) technology. They have developed a detailed system designed to track inventory items using RFID tags embedded invisibly in products. This technology has numerous inventory

In addition, Metro estimated that with the increased accuracy of the cases shipped to the stores it would greatly reduce if not eliminate the need to send product back to the DC or worse, throw it out. Another beneficiary of the RFID tagging at the case level would be restocking at the stores. Due to the lag between products being received in the stock room in the mornings and the sales floor being restocked at night, the chances that the store would be under stocked were great. Using an RFID reader in conjunction with point of sale data, the store personnel would easily track inventory levels and restock more efficiently. The restocking efficiency was estimated to boost gross sales by .05% which would result in an increase in gross profit of €.05 per additional product sold.

In 2004, Target announced to their suppliers that they were going to perform a trial on the effects of radio frequency identification (which is also used at Wal-Mart) on the efficiency of supply chain management. This trial included a distribution center and ten nearby Target stores. The RFID tags were placed on the bar codes of pallets and cartons to track the goods from the suppliers to the distribution center, and from the distribution center to the stores. This system was used for five years

RFID systems are currently being used in manufacturing plants to track parts, stay informed of work in progress, reduce product defects, increase throughput, and manage production of given products. Big name retailers such as Best Buy, Metro, Target, Albertson’s, Hewlett Packard, and Wal-Mart are leading the way in implementing RFID systems. These retailers recognize the need to improve inventory efficiency, ensure products are available to customers as needed, decrease theft, and cut down on costs associated with tracking and processing inventory.

However, it is important to mention about an active RFID technology in order to understand why it is not suitable for the case of the production in-house logistics. Active system provides constant visibility of inventory, they are placed in the zones wherever inventory needs to

Wal-Mart currently has one of the most advanced inventory management systems due to their use of RFID tracking capabilities. Every product is equipped with a radio frequency identification tag, which identifies the location and type of product in the warehouse. As the product leaves the warehouses, there are readers in place at the door that automatically recognize which products are leaving and entering the warehouse. The benefit of this is that it limits the use of employees better employed elsewhere and has impeccable accuracy, much more accurate and faster than if employees were to take inventory. The service that our product provides is to take this current technology and to implement it at a grocery stores as well as retail in the

The RFID is considered a significant improvement over the conventional barcode, which needs to be read by scanners in "line-of-sight" fashion and can be stripped away if the paper product labels get ripped or damaged. RFID can also facilitate inter-organizational E-commerce initiatives such as continuous replenishment or vendor-managed inventories (Smaros and Holmstrom, 2000).

I live close to a walmart in Burtonsville MD, so I decided to write this Paper on their Inventory System. Wal-mart, the wholesale retail monopoly, focused on developing an RFID-based electronic product code, or EPC. The electronic code would allow businesses to track shipments and inventory automatically through a system of tags and sensors. It was a potential replacement for the manual scanning of bar codes, a technology that itself revolutionized retail two decades earlier. Given the nearly non-existent cost of bar codes relative to RFID, several in the industry said, the EPC was a solution in search of a problem. Wal-Mart view RFID technology in their SMART system as a

RFID data is visible and trackable across the supply chain and reduces scanning error, stockouts and the labour required to move inventory (Shin & Eksioglu 2014, p. 633). Importantly, as Concept2creation (n.d.) shows picking and scanning cartons from the cages is labour intensive and requiring audits. Alternatively, RFID transmitters on pallets and cages, can automatically be scanned upon receipt. Cartons without RFID can be placed in totes to be tracked internally (Michel 2014,

There are different brands making car tracking devices and you must choose the one that has the features that you need and can be installed in your car easily.

Macy’s is known as the poster child for RFID in the retail industry. By implementing RFID technology, Macy’s gained greater visibility not only in their supply chain, but on a store level. RFID has helped them monitor stock levels more frequently so they could increase their inventory and ordering accuracy. Being more accurate has helped Macy’s meet customer’s demands. Macy’s saw a great increase in their overall sales and revenues shortly after introducing RFID in all of their stores. Earlier this year, Macy’s started a new program that employs RFID to allow Omni-channel fulfillment of consumer purchases. The program, named Pick to the Last Unit (P2LU), allows them to list goods for sale online even when there is only one such item available at the store. Macy’s omni-channel will allow customers to shop anywhere, anytime, and anyhow they choose. Their stores will be functioning as warehouses to utilize the full assortment of owned

Weaknesses involve high cost per unit and high RFID system integration costs, as well as low level of RFID technology understanding in the market. Opportunities for the RFID incorporate potential for replace of the bar code, increasing end-user demand for RFID systems and market potential in various businesses. Finally, treats involve customers concerns of privacy violation. After all, using of RFID system Drugco Discount Pharmacy improves overall efficiency of the company and on the same time customers’

To activate the RFID chip, the user scans the identification code with his/her smartphone through the application. Once the chip has been activated, the sticker can be stuck onto any object and its whereabouts will be tracked via the mobile

While Intel remains a leader in technologies, the manufacturing processes used are dated, and need to be changed. By implementing RFID technology within Intel warehouses, the company can find gaps within the supply chain, and develop solutions

• 1. Become familiar with RFID technology and its potential uses in Harley-Davidson’s supply chain using the information presented in this chapter and information you obtain through the Online Companion links, your favorite search engine, and your library. In about 400 words, evaluate the advantages and disadvantages for Harley-Davidson of replacing its bar codes and scanners technology with RFID.