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.
|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||IIE Annual Conference and Expo 2008|
|Period||05/17/08 → 05/21/08|