scholarly journals Sustainability Benefits of RFID Technology in the Apparel Industry

2019 ◽  
Vol 11 (22) ◽  
pp. 6477 ◽  
Author(s):  
Navodya Denuwara ◽  
Juha Maijala ◽  
Marko Hakovirta
Keyword(s):  
Literature Review ◽  
Radio Frequency Identification ◽  
Value Chain ◽  
Business Models ◽  
Value Added ◽  
Apparel Industry ◽  
Economic Benefits ◽  
Review Article ◽  
Global Network ◽  
Rfid Technology

Digitalization and big data are currently moving many industries forward and creating value-added efficiency improvements, new services, and business models. One area in industrial digitalization is RFID (Radio Frequency Identification) and related sensor technologies with benefits in asset visibility, employee productivity, risk management, loss, and theft mitigation. This literature review article is focused on specifically looking at digitalization in the apparel industry. Due to its complex global network, it has been a challenging industry to implement such technological advancements. Recent novel RFID system integrations have included highly innovative solutions in new store concepts, business models, and product traceability in the value chain. Inventory management has been improved by using RFID technology for creating and updating and for more efficient controls. Also, chain of custody of the various products in apparel and fashion can be more traceable and efficient. Improved customer connectivity and, therefore, customization are also important benefits using these technologies. Most benefits in using RFID in the apparel industry are related to economics and efficiencies. Similarly looking at scientific literature, the majority is focused on the more business-related value creation. In this publication, results of a systematically made literature review focusing on the three dimensions of sustainability (environmental, social, and economic systems) is reported. This review is done using value chain analyses, and it focuses on reported case studies to highlight the sustainability benefits of the RFID technology. According to the literature findings, this is the first review article that reports on the broader sustainability impact of RFID in the apparel industry. The findings show a very limited number of articles and the main focus of the articles found was in environmental aspects (44%). Following that was economic benefits (36%), and only a limited amount of research articles was found in social aspects of sustainability (20%). In addition to identifying the sustainability areas that RFID technology is related to, this article shows other areas of improvements using RFID technology in different parts of the apparel value chain.

scholarly journals Application of RFID Technology in Olusegun Oke Library, Ladoke Akintola University of Technology, Ogbomoso: Challenges and Future Prospects

2022 ◽  
Vol 08 (01) ◽  
Author(s):  
Olatundun Oluwatoyin Oyewumi ◽  
Keyword(s):  
Radio Frequency Identification ◽  
Quantitative Research ◽  
Value Added ◽  
Survey Method ◽  
Rfid Technology ◽  
Global Standards ◽  
University Of Technology ◽  
Initial Stage ◽  
Technological Limitations ◽  
Descriptive Survey

Radio Frequency Identification (RFID) offers tracking capability to locate equipment, supplies and people in real time, and provides efficient and accurate access to library transactions such as book search, security, inventory, borrowing and book return. The paper studied many aspects of the RFID application such as budgeting, purchase process, advantages and limitation of RFID technology, documentation and financial implication, challenges faced in initial stage and remedies. A structured questionnaire using descriptive survey method was designed to collect data. The study employed the method of quantitative research to gather an in-depth understanding of the nature of usage of RFID system among users of Olusegun Oke Library. The findings of the study revealed that RFID is functional and useful in such areas as speedy circulation, easy book identification, security of library materials and other value added services while the major problem to implementation include technological limitations, interference concerns, prohibitive costs and lack of global standards. The study concluded that orientation programme for all users for the RFID enabled is very much important.

scholarly journals Business Models and Internet of Things

2019 ◽  
Vol 13 (1) ◽  
pp. 1192-1203
Author(s):  
Dragos Tohanean ◽  
Anca Vasilescu
Keyword(s):  
Internet Of Things ◽  
Value Chain ◽  
Business Models ◽  
New Technologies ◽  
Value Added ◽  
The Internet ◽  
Real Time Processing ◽  
New Business ◽  
The Internet Of Things ◽  
New Business Models

Abstract Information technology has massively transformed the world of business over the past fifty years - first individual functional areas within companies (“first wave”), later increasingly also cross-divisional value-added processes and trade (“second wave”). Those companies that recognized the tremendous economic potential of these upheavals and consistently adapted, profited enormously - many others, however, fell dramatically. At the same time, innovative startups emerged that successfully created and occupied new markets. With the Internet of Things (IoT), the third digital wave is currently rolling up. Their impact will be enormous - both for our everyday lives and for many industries that have so far been largely spared the disruptive power of digital transformation. Accordingly, the challenges facing most companies today are: understanding more complex competition, acquiring new digital technologies, making existing offerings smart, developing new services, networking production, efficiently analyzing vast amounts of data, and building viable organizations to push all this forward. The IoT is a driver for digitization. By analyzing machine data, the use of sensors and the intelligent real-time processing of huge amounts of data in the cloud, new business models are created. With the information gained, companies are able to improve their value chain. However, one of the most difficult issues in this context for many companies is how they can further develop their existing business model or establish successful new business models that will be based on new technologies and IoT. To investigate resulting impacts, we draw on the existing business models and deduct specifics for the Internet of Things. Building on this, in order to reach the aims of the paper the authors will use a descriptive research method and a case study in order to present how new business models work with the IoT.

scholarly journals Artificial intelligence in business models as a tool for managing digital risks in international markets

2021 ◽  
Vol 92 ◽  
pp. 03005
Author(s):  
Luka Buntić ◽  
Mate Damić ◽  
Ines Dužević
Keyword(s):  
Artificial Intelligence ◽  
Literature Review ◽  
Business Models ◽  
Value Added ◽  
International Markets ◽  
Global Market ◽  
Significant Rise ◽  
Future Research ◽  
Local Market ◽  
New Type

Research background: Through the ongoing trend of digitalization, organizations competing in international markets are getting more exposed to different technology related risks. Globalization and technology support enabled small tech-based companies to scale and expand their business. On the other hand, this has also led to a significant rise of different types of threats. Companies engaged in the process of internalization are more exposed to digital risks than companies competing on the local market. In order to help their companies to manage digital risks, governments use relevant institutions and resources. However, many organizations still largely depend on their own capabilities. A growing number of organizations uses artificial intelligence in business models as a new type of response to digital risks. Artificial intelligence could be the missing link that will help connect organizational and government resources for successful management of digital risks. Purpose of the article: To shed more light on this understudied issue, we conducted a literature review on the use of artificial intelligence in business models as a tool for managing digital risks on the global market. Methods: Literature review. Findings & Value added: We analysed the key determinants of artificial intelligence, their use in business models, and the way it can help organizations manage digital risks. Literature review summarizes the most important research on the topic and proposes new avenues for future research.

Strategies of Mobile Value-Added Services in Korea

2009 ◽  
pp. 2509-2529
Author(s):  
Jin Ki Kim ◽  
Heasun Chun
Keyword(s):  
Value Chain ◽  
Business Models ◽  
Market Competition ◽  
Value Added ◽  
Market Strategy ◽  
Digital Multimedia ◽  
Mobile Music ◽  
Value Added Service ◽  
New Business ◽  
Mobile Market

As the growth of the mobile market decreases and the market competition intensifies, mobile carriers have been trying to find new business models to retain their profits and expand their business boundaries. Development of value-added services increases the chances of keeping the growth with mobile carriers. This chapter discusses the motivation of mobile value-added service in terms of value chain and mobile adoption. Six mobile value-added services presented in Korea are introduced: (1) short messaging service (SMS), (2) personalized call-ring service, (3) mobile music service, (4) mobile video service, (5) mobile payment (m-payment), and (6) mobile games. The major characteristics of those value-added services are discussed with “4Cs”: (1) customization, (2) content-focused, (3) connectedness, and (4) contemporary. This chapter also discusses digital multimedia broadcasting (DMB) as a new value-added service and the impacts of valueadded services on the mobile market. This chapter is concluded with three plausible strategies of mobile carriers: (1) real-time, market-responding strategy, (2) content-focused market strategy, and (3) various bundling service.

Strategies of Mobile Value-Added Services in Korea

2011 ◽  
pp. 265-285
Author(s):  
Jin Ki Kim ◽  
Heasun Chun
Keyword(s):  
Value Chain ◽  
Business Models ◽  
Market Competition ◽  
Value Added ◽  
Market Strategy ◽  
Digital Multimedia ◽  
Mobile Music ◽  
Value Added Service ◽  
New Business ◽  
Mobile Market

As the growth of mobile market decreases and the market competition intensifies, mobile carriers have been trying to find new business models to retain their profits and expand their business boundaries. Development of value-added services increases the chances of keeping the growth with mobile carriers. This chapter discusses the motivation of mobile value-added service in terms of value chain and mobile adoption. Six mobile value-added services presented in Korea are introduced: short messaging service, personalized call ring service, mobile music service, mobile video service, mobile payment, and mobile games. The major characteristics of those value-added services are discussed with “4Cs”: customization, content-focused, connectedness, and contemporary. This chapter also discusses digital multimedia broadcasting (DMB) as a new value-added service and the impacts of value-added services on mobile market. This chapter is concluded with three plausible strategies of mobile carriers: real-time market-responding strategy, content-focused market strategy, and various bundling service.

RFID tags: commercial applications v. privacy rights

2005 ◽  
Vol 105 (6) ◽  
pp. 703-713 ◽  
Author(s):  
Eileen P. Kelly ◽  
G. Scott Erickson
Keyword(s):  
Radio Frequency Identification ◽  
New Technologies ◽  
Civil Liberty ◽  
Economic Benefits ◽  
Privacy Rights ◽  
Rfid Technology ◽  
Economic Interests ◽  
Content Type ◽  
Consumer Privacy ◽  
Commercial Applications

PurposeThis article seeks to examine the use of radio frequency identification (RFID) technology in commercial applications and to discuss whether regulation is needed to balance commercial economic interests versus consumer privacy and libertarian concerns.Design/methodology/approachThis paper covers discussions and comparative studies of others' work and thinking.FindingsRFID technology provides enormous economic benefits for both business and consumers, while simultaneously potentially constituting one of the most invasive surveillance technologies threatening consumer privacy.Practical implicationsThe use of RFID technology has profound consumer privacy, civil liberty and security implications.Originality/valueRFID technology is at an embryonic stage. Like many new technologies, it poses both potential benefit and harm to society. The article recommends that legislation is needed to tip the balance enough to provide adequate privacy protection without unduly harming economic efficiency.

Innovative Product Management Driving Enhanced Customer Experience Management (CEM)

2015 ◽  
Vol 8 (1) ◽  
Author(s):  
Niladri Shekhar Dutta
Keyword(s):  
Balanced Scorecard ◽  
Value Chain ◽  
Product Life Cycle ◽  
Business Models ◽  
Market Competition ◽  
Value Added ◽  
Customer Experience ◽  
Product Management ◽  
Innovative Product ◽  
Customer Experience Management

Customer Experience Management (CEM) has been a buzzword in both demand and supply side dynamics of the Telecom value chain. However emphasis is being given around CEM, it never feels just enough! Telecom ISPs are looking to generate more awareness of revenue generation and realization, so that it not only is about the increase of top line but also about consolidation of various products and services, almost being an aggregator at one stage to deliver with the help of a single service delivery platform. In other words, what is commonly known as VAS-Value added services in the industry. The key to this is real innovation, of newer ideas and productizing these concepts to market. For innovative product management, Telcos are opting to look for value added services, value added delivery as well as enhanced business models and operational frameworks. This is primarily done to carve out an innovation which leads to a differentiator non-existent in the market. A very common, yet unique one such concept can be the Balanced Scorecard perspective and mapping these different perspectives into various domains of a Telecom business. These are obviously very common in present days and widely used by all Telcos to arrive at a definitive decision for any strategic cause. It can be mapped to perspectives ranging from financial, customer-centricity and orientation, internal process management, functionality & delivery, lastly internal learning & growth. We need to understand the context of innovation of products & services under all of these above perspectives. This will give us immense clarity in creating such a differentiated offering to render enhanced Customer experience for better sustainability and thus thriving on market competition. Each layer of a Telco enterprise set up follows specific blueprint, whether its the business or operations or technology. This will ensure that all company strategies which are focused towards creating and delivering differentiated offerings and delivery are being realized appropriately hence the delta of perception versus reality is minimized to a great extent. This would definitely increase customer experience in all possible forms. Product life cycle management which forms the heart of CEM, should be certainly driven by cost of sale as well as price of product. Both of these parameters should be populated through a Balanced scorecard from a financial perspective to decide on a go-no go decision for concepts to be marketed in a Telco. These need to be realized through specific derivatives of business processes following best practices to ensure enhanced customer experience and better delivery of services to the end customer. Perhaps, the most important

The Value Creation of B2B2C E-Business Mode based on SaaS

2012 ◽  
Vol 10 (3) ◽  
pp. 1-12 ◽  
Author(s):  
Li Zhao ◽  
Shouting Guo
Keyword(s):  
Customer Service ◽  
Inventory Management ◽  
Value Chain ◽  
Business Models ◽  
Business Processes ◽  
Information Service ◽  
Value Added ◽  
Enterprise Information ◽  
Information Construction ◽  
Business Mode

Due to the disadvantage of enterprise information construction in B2B and B2C business models, companies cannot keep up with immediate information in developing customer service, inventory management, and customer web front-end experience. Based on the SaaS information service concept, this paper solves business problems in information technology for introducing the integrated B2B2C E-business mode. To achieve participants’ utility optimization, the business processes based on value chain has been restructured, which reduces the transaction cost by information sharing. SaaS operators provide the professional value added services, including core services, forms services and extensive services.

Radio Frequency Identification (RFID) Application in Remanufacturing Operations

2013 ◽  
Vol 315 ◽  
pp. 103-107 ◽  
Author(s):  
Azli Nawawi ◽  
C.K.M. Lee ◽  
Khalid Hasnan
Keyword(s):  
Real Time ◽  
Radio Frequency Identification ◽  
Lead Time ◽  
Value Added ◽  
Small Scale ◽  
Proof Of Concept ◽  
Rfid Technology ◽  
Rfid System ◽  
Assembly Cell ◽  
Frequency Identification

Remanufacturing operations deal with numerous types of used products and parts. For that reason, any missing parts will lead to the extension of remanufacturing lead-time because searching for the missing parts is time consuming. In order to detect the real-time locations for used parts, this paper proposes the application of RFID technology. A proof of concept RFID system is developed on SISCOM Assembly Cell-200. SISCOM is assumed as a small scale remanufacturing facility. The RFID system middleware is developed using LabVIEW 9 and the database is built using PHP & phpMyAdmin. With the availability of this system, the location of missing parts can be detected and the remanufacturing labor hours can be focused on value added activities.

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