scholarly journals How Does Advanced Technology Solve Unreliability Under Supply Chain Management Using Game Policy?

Mathematics ◽  
2020 ◽  
Vol 8 (7) ◽  
pp. 1191
Author(s):  
Suman Kalyan Sardar ◽  
Biswajit Sarkar
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Customer Service ◽  
Radio Frequency Identification ◽  
Optimization Technique ◽  
Advanced Technology ◽  
Chain Management ◽  
Long Time ◽  
Frequency Identification ◽  
Classical Optimization

Presently, it is essential to increase customer service such that the Supply Chain Management (SCM) can earn more profit in a sustainable manner. In the supply chain, the manufacturer and the retailer are two players who try to maintain the joint profit of the Supply Chain (SC) without only thinking about their own respective profits. However, the retailer may not provide all information to the manufacturer. This research introduces the use of the advanced technology Radio Frequency IDentification (RFID) in a retailer’s shop to obtain exact information about customer demand. A consignment policy is used to increase the manufacturer profit, and a fixed fee is offered to the retailer to generate more profit in coordination with the manufacturer. This study is conducted with and without the effect of RFID to show the benefit of SCM even when the retailer is unreliable. Both models are solved using the classical optimization technique. Numerical findings prove that SCM can benefit from the outcome of this study even for unreliability. Coordination within SCM can be maintained for a long time by using the proposed recommendations of this study.

scholarly journals How Does a Radio Frequency Identification Optimize the Profit in an Unreliable Supply Chain Management?

Mathematics ◽  
2019 ◽  
Vol 7 (6) ◽  
pp. 490 ◽  
Author(s):  
Rekha Guchhait ◽  
Sarla Pareek ◽  
Biswajit Sarkar
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Radio Frequency ◽  
Radio Frequency Identification ◽  
Revenue Sharing ◽  
Advanced Technology ◽  
Optimum Number ◽  
Chain Management ◽  
Optimum Distance ◽  
Frequency Identification

Competition in business is higher in the electronics sector compared to other sectors. In such a situation, the role of a manufacturer is to manage the inventory properly with optimized profit. However, the problem of unreliability within buyers still exists in real world scenarios. The manufacturer adopts the radio frequency identification (RFID) technology to manage the inventory, which can control the unreliability, the inventory pooling effect, and the investment on human labor. For detecting RFID tags, a reasonable number of readers are needed. This study investigates the optimum distance between any two readers when using the optimum number of readers. As a vendor managed inventory (VMI) policy is utilized by the manufacturer, a revenue sharing contract is adopted to prevent the loss of buyers. The aim of this study is to maximize the profits of a two-echelon supply chain management under an advanced technology system. As the life of electronic gadgets is random, it may not follow any specific type of distribution function. The distribution-free approach helps to solve this issue when the mean and the standard deviation are known. The Kuhn-Tucker methodology and classical optimization are used to find the global optimum solution. The numerical analysis demonstrates that the manufacturer can earn more profit in coordination case after utilizing revenue sharing and the optimum distance between readers optimizing cost related to the RFID system. Sensitivity analysis is performed to check the sensibility of the parameters.

scholarly journals Integrating Machine Learning, Radio Frequency Identification, and Consignment Policy for Reducing Unreliability in Smart Supply Chain Management

Processes ◽  
2021 ◽  
Vol 9 (2) ◽  
pp. 247
Author(s):  
Suman Kalyan Sardar ◽  
Biswajit Sarkar ◽  
Byunghoon Kim
Keyword(s):  
Machine Learning ◽  
Supply Chain ◽  
Supply Chain Management ◽  
Radio Frequency ◽  
Radio Frequency Identification ◽  
Optimization Technique ◽  
Chain Management ◽  
Demand Information ◽  
Frequency Identification ◽  
Smart Supply Chain Management

Adopting smart technologies for supply chain management leads to higher profits. The manufacturer and retailer are two supply chain players, where the retailer is unreliable and may not send accurate demand information to the manufacturer. As an advanced smart technology, Radio Frequency Identification (RFID) is implemented to track and trace each product’s movement on a real-time basis in the inventory. It takes this supply chain to a smart supply chain management. This research proposes a Machine Learning (ML) approach for on-demand forecasting under smart supply chain management. Using Long-Short-Term Memory (LSTM), the demand is forecasted to obtain the exact demand information to reduce the overstock or understock situation. A measurement for the environmental effect is also incorporated with the model. A consignment policy is applied where the manufacturer controls the inventory, and the retailer gets a fixed fee along with a commission for selling each product. The manufacturer installs RFID technology at the retailer’s place. Two mathematical models are solved using a classical optimization technique. The results from those two models show that the ML-RFID model gives a higher profit than the existing traditional system.

scholarly journals Principles of Selection, Implementation and Utilization of RFID in Supply Chain Management

1970 ◽  
Vol 21 (1) ◽  
pp. 41-48 ◽  
Author(s):  
Juraj Vaculik ◽  
Ivan Michalek ◽  
Peter Kolarovszki
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Radio Frequency ◽  
Radio Frequency Identification ◽  
Economic Feasibility ◽  
Supply Chain Performance ◽  
Chain Management ◽  
Supply Chain Networks ◽  
Unit Costs ◽  
Frequency Identification

The paper deals with RFID (Radio Frequency Identification)implementation and utilization within supply chain managementand also includes the economic feasibility of rollingout RFID. The members of the supply chain networks- suppliers,manufacturers and distributors - will operate independentlyfrom one another and according to their own agendas.This type of unmanaged network, howeve1; results in inefficiencies.The manufacturer might have a goal of maximizing productionin order to minimize unit costs. Clearly, all members ofthe supply chain stand to gain by coordinating their efforts toimprove efficiency and overall supply chain performance. Thisarticle is divided into three parts: Supply chain, Economic feasibilityof rolling out RFID and Processes of Supply chain management.

scholarly journals Traceability of Sustainability and Safety in Fishery Supply Chain Management Systems Using Radio Frequency Identification Technology

Foods ◽  
2021 ◽  
Vol 10 (10) ◽  
pp. 2265
Author(s):  
Labonnah Farzana Rahman ◽  
Lubna Alam ◽  
Mohammad Marufuzzaman ◽  
Ussif Rashid Sumaila
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Food Safety ◽  
Radio Frequency ◽  
Radio Frequency Identification ◽  
Product Information ◽  
Chain Management ◽  
Symmetric Information ◽  
Fresh Food ◽  
Frequency Identification

At present, sustainability and emerging technology are the main issues in any supply chain management (SCM) sector. At the same time, the ongoing pandemic is increasing consumers’ concerns about food safety, processing, and distribution, which should meet sustainability requirements. Thus, supervision and monitoring of product quality with symmetric information traceability are important in fresh food and fishery SCM. Food safety and traceability systems based on blockchain, Internet of Things (IoT), wireless sensor networks (WSN), and radio frequency identification (RFID) provide reliability from production to consumption. This review focuses on RFID-based traceability systems in fisheries’ SCM, which have been employed globally to ensure fish quality and security, and summarizes their advantages in real-time applications. The results of this study will help future researchers to improve consumers’ trust in fisheries SCM. Thus, this review aims to provide guidelines and solutions for enhancing the reliability of RFID-based traceability in food SCM systems so to ensure the integrity and transparency of product information.

RFID and Wireless Personal Area Networks for Supply Chain Management

2007 ◽  
pp. 816-819
Author(s):  
D. Wright
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Radio Frequency Identification ◽  
Personal Area Networks ◽  
Manufacturing Plant ◽  
Wireless Personal Area Networks ◽  
Chain Management ◽  
Case Examples ◽  
Frequency Identification ◽  
Commercial Applications

Efficient supply chain management relies on knowing where products in the supply chain are located. The ability to track items from manufacturing plant to warehouse to distribution center to wholesaler to retailer is currently provided by RFID, radio frequency identification (Weinstein, 2005). Case examples of commercial applications of RFID in supply chain management are evaluated by Jones et al. (2004). A recent development, low power wireless personal area networking, WPAN, can offer advantages over RFID in certain circumstances. It is the purpose of this article to evaluate RFID and wireless personal area networks with respect to each other and to identify the features that give one an advantage over the other. We first describe the two technologies.

scholarly journals A survey of the Role and the Applications of Radio Frequency Identification (RFID) Technology in the Efficiency of Supply Chain Management (SCM) with an emphasis on Food Industries

2012 ◽  
Vol 2 (5) ◽  
pp. 129
Author(s):  
Amir Maniyan ◽  
Reza Abachian Ghassemi ◽  
Elnaz Rahrovy
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Radio Frequency ◽  
Radio Frequency Identification ◽  
Product Information ◽  
Bullwhip Effect ◽  
Short Life ◽  
Chain Management ◽  
Food Industries ◽  
Frequency Identification

During the last decade, most organizations have implemented enterprise-wide applications and integration platforms. These implementations have delivered benefits in terms of data synchronization and information flows within the organization, and with trading partners providing valuable inputs for planning and optimization of schedules and reporting. The best and the most important technology of these technologies is RFID or Radio Frequency Identification systems. RFID is one of the most promising and the most advanced technologies released in recent years. Perishable and short life products, especially foodstuffs, are those cases causing the largest problems and challenges for supply chain management. These challenges are mainly due to the variety in the number of products, special needs for tracing and tracking the product flow during the supply chain, the short life of the products, the requirement for controlling the temperature in the supply chain and the high volume of the products we deal with.  Using the RFID system is one of the best potential solutions helping the supply chain management solve logistic problems of spoilable products. In food industries, the period of the product storage is short due to the high probability that the product spoils and the short time of the storage of the final product. Today, the changes in the ways of producing, distributing, maintaining and selling foodstuffs have caused changes in consumers' demands to increase the quality and the durability of foodstuff packages. Innovations are created in this industry to make sure of the desirable performance of packing in the supply chain of the foodstuffs, such as active or intelligent packing methods. Keywords: SCM, RFID, automatic identification of the product, information, information technology, information systems, bullwhip effect, efficiency 

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