Advertisement
Published in:
2005 | OriginalPaper | Chapter
An Empirical Investigation of the Potential of RFID Technology to Enhance Supply Chain Agility
Author : Anthony Vance
Published in: Business Agility and Information Technology Diffusion
Publisher: Springer US
Activate our intelligent search to find suitable subject content or patents.
Select sections of text to find matching patents with Artificial Intelligence. powered by
Select sections of text to find additional relevant content using AI-assisted search. powered by
This empirical study examines the potential of RFID technology to increase the business agility and coordination of inventory supply chain systems. The bullwhip effect is a logistics management phenomenon in supply chain systems that is characterized by a lack of business agility. This study examines the potential of radio frequency identification (RFID) technology to increase the business agility and coordination of inventory supply chain systems, greatly reducing the bullwhip effect through timely information provided throughout the supply chain. An experiment of one group of 15 teams using a simulated RFID-enabled supply chain system compared mean team costs with those of a control group of 15 teams, providing empirical evidence that RFID-technology can increase a supply chain’s business agility, as manifested by a reduction in inventory holding and stockout costs.