Retailing Study to Benefit RFID Products Design

Prof. Suhas Rane ., Dr. V. S. More .

Abstract


As widely known- retailing is a business of low margin and high volume. The initial euphoria and hype of this business is getting over by now, and “survival of the fittest” phase has started. Moreover, with the entry of big international players like Wal-Mart, Metro and others, the competition is getting further intensified. Thus, the retailers are forced to look into avenues which would help them bringing down costs and improve their supply chain efficiencies. One of the promising tools for this is RFID - which has shown great potentials to enhance the inventory visibility across the entire retailing chain.  This paper talks about a study being conducted in the Indian Retailing Industry – to know the expectations of Indian retailers from the adoption of RFID into their business. The outcome of the study should be helpful in two ways – the retailing players to know the current status of RFID adoption in their industry and plan out their future strategies, and for the RFID product /systems designers - to cut out their products and services  exactly to suit the industry needs.


Keywords


Retailing, Product Design

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References


(1) Computer World, March 7, 2005.

(2) RFID Journal, 26th October 2006 (www.rfidjournal.com/article/articleview/2772/)

(3) PSC White paper: Evolution or revolution? Bridging the gap between barcode legacy systems and

RFID in the retail supply chain, 2003. (www.pscnet.com)

(4) “RFID: How Far, How Fast”, Deloitte Touche Tohmatsu , 2004 http://www.deloitte.com/dtt/cda/doc/content/HowFarHowFast_final.pdf

(5) “Evolution or revolution? Bridging the gap between barcode legacy systems and RFID in the retail supply chain”, PSC White paper, 2003.

http://www.psc.com/html/wpdownload.htm

(6) “Helping Organization Realize the Business Benefits of RFID & Wireless Sensor Network Technologies”, Erik Bruin, White Paper Published by – IDC, Nov 2005.


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