RFID-enabled inventory routing problems
Shrikant Jarugumilli and
Scott E. Grasman
International Journal of Manufacturing Technology and Management, 2007, vol. 10, issue 1, 92-105
Abstract:
In this paper, we provide a methodology for dynamic control of Radio Frequency Identification- (RFID-) enabled Inventory Routing Problems (IRP), where a set of locations is served by a single distribution centre using a Vendor-Managed Inventory (VMI) approach. In this scenario, RFID technology enables efficient control of inventory distribution by exchanging real-time information upon arrival to each location. This paper develops mathematical models that illustrate the substantial potential savings associated with the implementation of this technology, and provides a discussion of practical impediments to full application.
Keywords: inventory routing problems; IRP; logistics management; radio frequency identification; RFID; vendor-managed inventory; VMI; auto-ID; automatic identification; supply chain management; SCM. (search for similar items in EconPapers)
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijmtma:v:10:y:2007:i:1:p:92-105
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