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OIM ppt Group 2 Mod 2010 E2
OIM ppt Group 2 Mod 2010 E2
OIM ppt Group 2 Mod 2010 E2
OIM ppt Group 2 Mod 2010 E2
OIM ppt Group 2 Mod 2010 E2
OIM ppt Group 2 Mod 2010 E2
OIM ppt Group 2 Mod 2010 E2
OIM ppt Group 2 Mod 2010 E2
OIM ppt Group 2 Mod 2010 E2
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OIM ppt Group 2 Mod 2010 E2

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Presentation for OIM Group 2

Presentation for OIM Group 2

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  1. In Wal-mart<br />Mod 2010 E2<br /> Group 2 Presentation<br />
  2. It is wireless technology that enable users to identify and transmit information from a tagged project.<br />Not every object needs to be bar coded (different from old bar-coded system)<br />Relatively new technological development.<br />Not widely used due to expensive implementation of the system.<br />What is RFID?<br />
  3. How does it function?<br />A reader picks up data from a barcode<br />Sends it to software known as “middleware”<br />Middleware classifies raw data<br />After classification the same software interprets the data<br />Managers gather the data and derive applicable information<br />
  4. Effectively used in supply chain management<br />Also extensively used in<br />manufacturing,<br />production,<br />banking,<br />oil exploration and<br />shipping logistics.<br />Where can RFID be used?<br />
  5. Why Change to RFID <br />Increased efficiency and transparency in their supply chain, management and payment systems.<br />Not necessary to physically locate goods and objects<br />More effective stock controls<br />Inventory reduction<br />Less stock outs<br />Reduced purchasing costs<br />Reduced theft<br />Reduction in overheads<br />Less employees required to manage stock<br />Less security costs<br />
  6. The Controversial Side of RFID<br />Implants ?<br />RFID on drivers licenses ?<br />Tracking of products after leaving the store ?<br />Security of people ?<br />
  7. Issues to be Aware of<br />Non-removable tags keep on transmitting<br />Retailers can scan customers who carry RFID marked items, later recognizing them in their shops<br />No RFID regulations adopted globally. Problematic -import and export with tagged objects<br />Underestimated training cost to use new system by Wal-mart<br />
  8. (2003)<br />Top 100 suppliers need to convert to RFID by 2005 at case level<br />Supplier covers all the cost installing RFID approx 8 million dollars (resulted in slap and ship - no value added)<br />Price of tags high – supplier carries cost<br />(2007)<br />Implemented with select group of suppliers<br />Used buying power to reduce tag prices<br />Improving the value proposition by labelling individual items<br />Wal-mart strategy 2003 and 2007<br />
  9. Wal-mart as a market leader will help to sustain RFID in retail<br />Forced implementation strategy in 2003 not successful<br />Other organisations looked at Wal-mart and learned from their implementation mistakes<br />Real time and efficient information within supply chains is crucial for success<br />It is only a matter of time<br />Conclusion<br />

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