Faculty of Engineering and Natural Sciences
IE-OPIM Joint Research Seminar Series 2009-20101
RFID Technology for Inventory Accuracy in Supply Chains
Inventory accuracy is a problem with many inventory management systems. Improved inventory accuracy results in better execution of replenishment policies thus the supply chain runs more efficiently. Radio frequency identification (RFID) is a common tool that researchers and practitioners recommend organizations to implement in order to improve the inventory accuracy of the supply chain. Even though it has advantages, currently RFID is not a perfect technology and often does not reach its maximum performance. In our study we investigate how imperfect information from RFID technology can be used in inventory management in multi-echelon supply chains and how inventory information provided by RFID systems can affect inventory control decisions. A simulation modeling-based approach is used to understand the potential uses and impacts of imperfect RFID data in supply chains. In addition, the study is extended to identify stock-loss issues in retail environment. Stochastic models are developed to predict stock-loss in stores with less than perfect inventory visibility and make replenishment decisions accordingly.
Nebil Buyurgan, Ph.D., is an assistant professor in the Industrial Engineering Department and the director of the AT&T RFID and Material Handling Laboratory at the
Arkansas. He received his doctorate in engineering management, from the University of Missouri-Rolla. As the author or coauthor of over 40 technical papers, his research interests include radio frequency technologies and their supply chain management applications, humanitarian and healthcare logistics, and modeling and analysis of discrete event systems. He has directed several projects funded by the National Science Foundation, Air Force Research Lab, and Wal-Mart Stores. He teaches courses in the areas of RFID technologies, product design, and production systems analysis. He serves as an associate editor for the International Journal of RF Technologies and is an active member of the
Industrial Engineers and the American Society of Engineering Education, and Society of Manufacturing Engineers.
1 Co-organizers: Murat Kaya (IE) firstname.lastname@example.org, Çağrı Haksöz (OPIM) email@example.com
December 30th Wednesday, 13:40-14:40,