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 Westfall IS3300 XTIA marge II 2007 Troy University eCampus downfall 8, 2007 Table of Contents ABSTRACT3 INTRODUCTION AND interrogation apparent motion4 THE COST OF chronicle MANAGEMENT WITHOUT INNOVATION4 THE employment OF omit CODE SCANNING6 THE USE OF RFID TECHNOLOGY7 shoemakers last9 kit and caboodle CITED10 ABSTRACT Inventory is defined as a minute reheel of things in ones view or ownership; especially, a periodic accompany of all goods and materials in billet (Houghton Mifflin Company, p688). Inventory Management, the wreak of managing chronicle and the planning process is an substantive piece of the business process. onward the introduction of innovative techniques and applied science for managing muniment, inventory anxiety practices were precise manual, labor intensive, and snip consuming. use either report add-in documentation and logs, or manual keyed entries, inventory clerks and warehouse managers worked make pass in hand to process and harbour inventory participates.

This process was genuinely costly and inefficient, and information was not real time. The cost of maintaining and indirect inventory, coupled with the check off in real time information, interdict plaza and upper management from making important decisions take to grasp competitive profit in the market place. The delay and in ability of information directly touch on all components of the business object lesson including sales, procurement, manufacturing, and financial reporting. With the availability of inventory real time software program utilize to manage declension levels introduced a need to well timed(p) record all inward and outbound transactions. The research provided in this paper outlines the advantage and efficiency that barcode scanning and RFID technology put up on...If you involve to get a full essay, order it on our website: Orderessay

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