Title :
Dynamic Pricing for the Perishable Inventory Management Using RFID Technology
Author :
Weiming Yi ; Anping Zuo
Author_Institution :
Jiangxi Univ. of Finance & Econ., Nanchang, China
Abstract :
Monitoring and control of time-sensitive products can be facilitated by the application of radio frequency identification (RFID) technology. This paper describes impact on the SCM chain and the profit under dynamic price using RFID technology by mathematic model. The profit using RFID technology is more than the profit no using the technology.
Keywords :
inventory management; pricing; radiofrequency identification; supply chain management; SCM chain; mathematic model; perishable inventory management; pricing; radio frequency identification technology; supply chain management; time-sensitive products; Food technology; Inventory management; Material storage; Mathematical model; Paper technology; Pricing; Radiofrequency identification; Supply chain management; Supply chains; Technology management; RFID; dynamic price; perishable item;
Conference_Titel :
Management of e-Commerce and e-Government, 2009. ICMECG '09. International Conference on
Conference_Location :
Nanchang
Print_ISBN :
978-0-7695-3778-8
DOI :
10.1109/ICMeCG.2009.14