Analysis of required investment and benefits using RFID in supply chains

Strengthening competition, short product life cycles and technological development of information technology (IT) has changed the ways companies operate. Radio frequency identification technology (RFID) is one of the technologies whose use is being rapidly tested in many fields. At the beginning of...

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Main Authors: Atanasković Predrag, Nikoličić Svetlana, Cvijanović Strahinja
Format: Article
Language:English
Published: Economics institute, Belgrade 2012-06-01
Series:Industrija
Subjects:
Online Access:http://scindeks.ceon.rs/article.aspx?artid=0350-03731202069A
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author Atanasković Predrag
Nikoličić Svetlana
Cvijanović Strahinja
author_facet Atanasković Predrag
Nikoličić Svetlana
Cvijanović Strahinja
author_sort Atanasković Predrag
collection DOAJ
description Strengthening competition, short product life cycles and technological development of information technology (IT) has changed the ways companies operate. Radio frequency identification technology (RFID) is one of the technologies whose use is being rapidly tested in many fields. At the beginning of this century, the leading retail companies, in cooperation with their suppliers, began the testing of RFID systems application in supply chains. An important component of these studies, besides the effects achieved in the supply chains, is determining the required investments. The approach for the feasibility assessment of investments in RFID systems from the aspect of logistics is presented in this paper, and the results obtained for a realistic two-stage supply chain are given as an example.
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spelling doaj.art-a2ecae8786b542b8a9e4682d64cefc4c2022-12-21T19:42:09ZengEconomics institute, BelgradeIndustrija0350-03732012-06-014026978Analysis of required investment and benefits using RFID in supply chainsAtanasković PredragNikoličić SvetlanaCvijanović StrahinjaStrengthening competition, short product life cycles and technological development of information technology (IT) has changed the ways companies operate. Radio frequency identification technology (RFID) is one of the technologies whose use is being rapidly tested in many fields. At the beginning of this century, the leading retail companies, in cooperation with their suppliers, began the testing of RFID systems application in supply chains. An important component of these studies, besides the effects achieved in the supply chains, is determining the required investments. The approach for the feasibility assessment of investments in RFID systems from the aspect of logistics is presented in this paper, and the results obtained for a realistic two-stage supply chain are given as an example.http://scindeks.ceon.rs/article.aspx?artid=0350-03731202069ARFIDlogistics performanceinvestmentsupply chain
spellingShingle Atanasković Predrag
Nikoličić Svetlana
Cvijanović Strahinja
Analysis of required investment and benefits using RFID in supply chains
Industrija
RFID
logistics performance
investment
supply chain
title Analysis of required investment and benefits using RFID in supply chains
title_full Analysis of required investment and benefits using RFID in supply chains
title_fullStr Analysis of required investment and benefits using RFID in supply chains
title_full_unstemmed Analysis of required investment and benefits using RFID in supply chains
title_short Analysis of required investment and benefits using RFID in supply chains
title_sort analysis of required investment and benefits using rfid in supply chains
topic RFID
logistics performance
investment
supply chain
url http://scindeks.ceon.rs/article.aspx?artid=0350-03731202069A
work_keys_str_mv AT atanaskovicpredrag analysisofrequiredinvestmentandbenefitsusingrfidinsupplychains
AT nikolicicsvetlana analysisofrequiredinvestmentandbenefitsusingrfidinsupplychains
AT cvijanovicstrahinja analysisofrequiredinvestmentandbenefitsusingrfidinsupplychains