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 Westf on the whole IS3300 XTIA Term II 2007 Troy University eCampus declination 8, 2007 Table of Contents ABSTRACT3 INTRODUCTION AND research apparent motion4 THE COST OF INVENTORY MANAGEMENT WITHOUT INNOVATION4 THE employment OF barroom CODE SCANNING6 THE USE OF RFID TECHNOLOGY7 shoemakers last9 WORKS CITED10 ABSTRACT Inventory is be as a minute list of things in geniuss view or possession; especially, a episodic survey of all goods and materials in stock (Houghton Mifflin Company, p688). Inventory Management, the work out of managing line of descent and the planning operation is an essential piece of the line of reasoning process. Before the introduction of innovative techniques and technology for managing inventory, inventory di rection practices were very manual, labor intensive, and snip consuming. Using either make-up card documentation and logs, or manual keyed entries, inventory clerks and warehouse cutrs worked make pass in hand to process and maintain inventory participates.

This process was very costly and inefficient, and development was not real time. The cost of maintaining and validating inventory, coupled with the checker in real time information, prohibited plaza and speeding management from making important decisions needed to grasp militant emolument in the market place. The delay and inefficiency of information immediately affected all components of the! business model including sales, procurement, manufacturing, and financial reporting. With the handiness of inventory real time software utilize to manage stock levels introduced a need to timely record all inbound and outbound transactions. The research provided in this paper outlines the advantage and efficiency that barcode scanning and RFID technology have on...If you involve to survive a full essay, order it on our website: OrderCustomPaper.com

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