RFID Strategies based on Supply Chain Performance

Paper Summary:

This thesis proposal focuses on the implications of introducing radio frequency identification distribution (RFID) to supply chain processes and the resulting financial and logistical benefits. The proposal looks to quantify the contribution of RFID to increasing supply chain performance across several industries, specifically studying the best practices of leading companies in each industry studied. As a result, this proposal concentrates on the concepts of business process management (BPM) as they relate to streamlining and making supply chain processes more efficient as well as the intensive use of analytics to quantify supply chain performance gains based on the use of RFID.

Outline:
Introduction
List of Abbreviations
Literature Survey
Problem Definition
Research Design and Methodology
Anticipating Findings
Summary of Proposal
Bibliography

From the Paper:

"In defining the Return on Investment (ROI) that RFID contributes to as part of streamlining supply chains, the benefits to each member of a supply chain first need to be defined, followed by the key performance indicators (KPIs) and metrics of performance that quantify them. RFID's contributions have been quantified to the pallet level and in the case of mixed-pallet level of shipments as they move through warehouses and distribution centers. Strategies for quantifying the Return on Investment (ROI) of RFID needs to begin with an assessment of the potential benefits of using this technology by specific members of the supply chain. Table 1, RFID Benefits for Supply Chain Partners, provides an overview of the key benefits by supply chain participant (Baird and Company 11). . The following table provides insights into which process areas manufacturers, logistics providers, and retailers are concentrating on relative to RFID implementations. The work completed by AMR Research (2004) serves as the foundation for many organizations that are creating dashboards to quantify the contribution of RFID to their process reengineering efforts organization-wide."

Sample of Sources Used:

• Aimi, G. (2005). AMR Research (2005, October 25). Retailers Save Money By Controlling In-Bound Logistics. (Alert). Boston, MA
• AMR Research (2004) - The Hierarchy of Supply Chain Metrics: Diagnosing Your Supply Chain Health. AMR Research. February 18, 2004. Debra Hofman. Page 3.
• Baird & Company Investment Brief titled RFID Explained: A Basic Overview. Published February, 2004. Atlanta, GA Page 11.
• Department of Defense (2005). Final Regulatory Flexibility Analysis of Passive Radio Frequency Identification (RFID). Version 1.0 August, 2005. Prepared by The Office of the Under Secretary for Acquisition Technology & Logistics. U.S. Department of Defense. Page 3, 10 .
• Moroz, B (2005). Workshop: RFID Retail of the Future, the Impacts of RFID. Available from: http://www.rmoroz.com/2nd_Conference_pdf/WS%20-%202B%20RETAIL.pdf (Accessed July 18, 2007

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