Abstract
Off-shelf out-of-stock occurrences (where an item is in stock in the backroom but not on the shelf) constitute a major issue for many retailers. Radio frequency identification (RFID) technology is witnessing rapid growth in the supply chain field for reducing out-of-stock occurrences by providing more precise and timely inventory tracking across the supply chain. In this research we report on preliminary results from a simulation model to study the effect of using RFID on shelf replenishment policies for a retailer. The model evaluates scenarios with and without RFID to study the potential reduction in off-shelf out-of-stock occurrences and staff utilization.
Original language | English |
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Pages | 758-763 |
Number of pages | 6 |
State | Published - 2008 |
Event | IIE Annual Conference and Expo 2008 - Vancouver, BC, Canada Duration: May 17 2008 → May 21 2008 |
Conference
Conference | IIE Annual Conference and Expo 2008 |
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Country/Territory | Canada |
City | Vancouver, BC |
Period | 05/17/08 → 05/21/08 |
Keywords
- Inventory
- RFID
- Retail
- Simulation