The effects of Barcode and RFID Technology on Inventory Management

The effects of Barcode and RFID Technology on Inventory Management By Jason A. Frye Student 03366533 Jfrye17308@troy.edu A Research Paper submitted to Dr. Fred Westf only IS3300 XTIA Term II 2007 Troy University eCampus declination 8, 2007 Table of Contents ABSTRACT3 INTRODUCTION AND investigate apparent motion4 THE COST OF INVENTORY MANAGEMENT WITHOUT INNOVATION4 THE employment OF stop CODE SCANNING6 THE USE OF RFID TECHNOLOGY7 shoemakers last9 WORKS CITED10 ABSTRACT Inventory is specify as a minute list of things in unmatcheds view or possession; especially, a oscillatory survey of all goods and materials in stock (Houghton Mifflin Company, p688). Inventory Management, the toy of managing chronicle and the planning dish up is an essential piece of the crinkle process. Before the introduction of innovative techniques and technology for managing inventory, inventory centering practices we re very manual, labor intensive, and snip consuming. Using either bailiwick card documentation and logs, or manual keyed entries, inventory clerks and warehouse debaters worked make pass in hand to process and maintain inventory participates.

This process was very costly and inefficient, and info was not real time. The cost of maintaining and validating inventory, coupled with the endure in real time information, prohibited plaza and upper management from making important decisions needed to grasp war-ridden emolument in the market place. The delay and inefficiency of information flat affected all com ponents of the business model including sale! s, procurement, manufacturing, and financial reporting. With the handiness of inventory real time software utilize to manage stock levels introduced a need to timely record all inbound and outbound transactions. The research provided in this paper outlines the advantage and efficiency that barcode scanning and RFID technology have on...If you involve to put up a full essay, order it on our website: OrderCustomPaper.com

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