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Using Radio Frequency Identifications Technology in Inventory Control: An Application of the Implementation of RFID Technology - Softcover
Inventory accuracy is one of the keys to an efficient supply chain, yet it is often referred to as the ‘missing link’ in retail execution. Large retail operations face enormous challenges tracking their inventory and preventing errors while ensuring products are correctly stored in the proper location in their warehouses. In this book, inaccuracy problems of inventory were tried to be reduced by applying new tracking system using RFID to provide real-time monitoring of inventory levels. An optimization model is proposed to determine the product assortment, inventory replenishment, display area and shelf space allocation decisions that jointly maximize the retailer’s profit under shelf space and backroom storage constraints. The variety of products to be displayed in the retail store, their display locations within the store, their ordering quantities, and the allocated shelf space in each display area are considered as decision variables to be determined by the integrated model. The model is a mixed integer non-linear program that we solved using LINGO software. A case study is conducted to verify the model results and assess the impact of integrating RFID into an existing system.
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About the Author:
Mostafa Yakout was born in January 1988 in Egypt. He received a B.Sc. in Production Engineering from Alexandria University, Egypt, in 2010. He is currently working as a Researcher and Teaching Assistant in the same university. His current research towards a M.Sc. includes; Machinery Dynamics, Reliability Testing, and Finite Element Analysis (FEA).
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- PublisherLAP LAMBERT Academic Publishing
- Publication date2012
- ISBN 10 3659238341
- ISBN 13 9783659238345
- BindingPaperback
- Number of pages124
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Using Radio Frequency Identifications Technology in Inventory Control: An Application of the Implementation of RFID Technology
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Book Description Taschenbuch. Condition: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -Inventory accuracy is one of the keys to an efficient supply chain, yet it is often referred to as the missing link in retail execution. Large retail operations face enormous challenges tracking their inventory and preventing errors while ensuring products are correctly stored in the proper location in their warehouses. In this book, inaccuracy problems of inventory were tried to be reduced by applying new tracking system using RFID to provide real-time monitoring of inventory levels. An optimization model is proposed to determine the product assortment, inventory replenishment, display area and shelf space allocation decisions that jointly maximize the retailer s profit under shelf space and backroom storage constraints. The variety of products to be displayed in the retail store, their display locations within the store, their ordering quantities, and the allocated shelf space in each display area are considered as decision variables to be determined by the integrated model. The model is a mixed integer non-linear program that we solved using LINGO software. A case study is conducted to verify the model results and assess the impact of integrating RFID into an existing system. 124 pp. Englisch. Seller Inventory # 9783659238345
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Using Radio Frequency Identifications Technology in Inventory Control : An Application of the Implementation of RFID Technology
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Book Description Taschenbuch. Condition: Neu. nach der Bestellung gedruckt Neuware - Printed after ordering - Inventory accuracy is one of the keys to an efficient supply chain, yet it is often referred to as the missing link in retail execution. Large retail operations face enormous challenges tracking their inventory and preventing errors while ensuring products are correctly stored in the proper location in their warehouses. In this book, inaccuracy problems of inventory were tried to be reduced by applying new tracking system using RFID to provide real-time monitoring of inventory levels. An optimization model is proposed to determine the product assortment, inventory replenishment, display area and shelf space allocation decisions that jointly maximize the retailer s profit under shelf space and backroom storage constraints. The variety of products to be displayed in the retail store, their display locations within the store, their ordering quantities, and the allocated shelf space in each display area are considered as decision variables to be determined by the integrated model. The model is a mixed integer non-linear program that we solved using LINGO software. A case study is conducted to verify the model results and assess the impact of integrating RFID into an existing system. Seller Inventory # 9783659238345
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Using Radio Frequency Identifications Technology in Inventory Control An Application of the Implementation of RFID Technology
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Book Description Kartoniert / Broschiert. Condition: New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. Autor/Autorin: Yakout MostafaMostafa Yakout was born in January 1988 in Egypt. He received a B.Sc. in Production Engineering from Alexandria University, Egypt, in 2010. He is currently working as a Researcher and Teaching Assistant in the same univ. Seller Inventory # 5142118
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