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RFID: Risks to Supply Chain

RFID: Risks to Supply Chain
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Author(s): Sanjay Goel (State University of New York, USA)and Jakov Crnkovic (State University of New York, USA)
Copyright: 2006
Pages: 3
Source title: Emerging Trends and Challenges in Information Technology Management
Source Editor(s): Mehdi Khosrow-Pour, D.B.A. (Information Resources Management Association, USA)
DOI: 10.4018/978-1-59904-019-6.ch304
ISBN13: 9781616921286
EISBN13: 9781466665361

Abstract

Many businesses are incorporating RFID technology into the supply chain to improve efficiency and reduce errors, such as, late deliveries, excess inventory, and shortage of inventory. Application of this technology is very broad and is limited only by technological challenges in their design the cost of procuring them. In addition, there are several consumer concerns posed by RFID deployment, such as, privacy, security, and environmental damage. Thus far, issues with the introduction of RFID technology have been examined in isolation; a clear comprehensive view of the impact of the technology has not yet emerged. When considering RFIDs, companies typically perform a costbenefit analysis that incorporates the deployment cost and the productivity gains. Consumer concerns in deployment of this technology also need to be incorporated in the business analysis. This paper presents a scheme for comprehensively examining the risks of deploying RFID technology using a matrix-based approach.

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