Automated practices in inventory management on performance - a prospect of emerging country

Rashmi Ranjan Panigrahi, Sushanta Kumar Mahapatra and Goutam Tanty

International Journal of Business Performance Management, 2024, vol. 25, issue 3, 369-391

Abstract: The success of a firm depends on its supply chain, from raw material acquisition to product distribution. RFID's potential as a supply chain management tool has fascinated experts. Despite the potential benefits of RFID and barcode technologies (benefit-drivers), both modular for retail business performance are understudied in India. This study examines the impact of RFID and BIP on store performance. Principal component analysis was utilised to confirm the significant contributors to RFIDP, BIP, and improved store performances from eight retail stores in PAN India with 521 respondents. After verifying each construct's components, researchers used correlation and regression to link RFIDP and BIP to storage performance. RFIDP boosts store performance in medium-sized firms, while barcode automation helps small businesses. This study will help management and key stakeholders assess how automation affects customer browsing insights and retail efficiency. This country often examines the effects of automated inventory practices on small-scale retailers.

Keywords: radio frequency identification practice; RFIDP; barcode; inventory practices; retail store; store performance. (search for similar items in EconPapers)
Date: 2024
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