THE EFFICIENCY EVALUATION WHEN RFID IS USED IN WAREHOUSES
Journal Title: VADYBA - Year 2015, Vol 26, Issue 1
Abstract
Apparently, the importance of RFID in the development of logistics is immense and has a tendency to grow: under modern globalisation circumstances, the application of information and communication technologies (ICT) has become a crucial factor of development both logistics and economics in general. The analysis of the scientific works devoted to the theme of RFID in warehouses has been conducted. It showed the importance of research, which combines both the application of RFID in warehouses and efficiency evaluation. The article discloses the efficiency evaluation for radio frequency identification technology (RFID), which is used in warehouses. . RFID-based process is usually more efficient than paper-based one. The implementation of RFID is exclusively important for trading companies, operating in international trade, for business development and competitiveness, especially after the economic downturn. The above mentioned peculiarities show the importance of research which combines implementation of RFID and efficiency evaluation in warehouses. The paper presents the results of investigations in this context. Therefore, there is a demand to create and use in logistics such instrumentation for efficiency evaluation that would be used to identify reasonably those cases when the traditional technology is worth changing into RFID. Decisions, which are oriented to warehouse efficiency and to the increase of competition of various economy subjects, usually exploit the opportunities provided by RFID. In the paper perspectives associated with the application of RFID in warehouses are presented, the peculiarities of the application are investigated, and the analyses of costs and benefits are provided. The analysis of investments into RFID and related infrastructure is presented herein. The results of the study are used during the formulation of cash-flow model, which can be applied to evaluate efficiency when RFID is used in warehouses. The assessment of practical application of proposed cash-flow model is presented in the paper as well.
Authors and Affiliations
Aurelija Burinskienė
Keywords
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