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RFID Impact on Out of Stocks
Saturday, June 17, 2006
A recent study published by the researchers at the Information Technology Research Institute (ITRI), University of Arkansas examines the impact of the RFID technology application on out of stocks (OOS), particularly in relation to sales velocity. The study concludes that Wal-Mart could reduce OOS by 30 percent for products selling between 0.1 and 15 units per day by the use of RFID technology.
The paper is downloadable for free from the ITRI website, but a registration is required.
Send your comments and discuss.
The paper is downloadable for free from the ITRI website, but a registration is required.
Send your comments and discuss.
Labels: rfid, technology
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