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RFID ZHEN WANG

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by

Fendi Wang

on 27 August 2014

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Transcript of RFID ZHEN WANG

26.Aug.2014
BUSM1734
Risk Analysis and Assessment


Out of Stock
Alternative measures
Key Variables
Impacts of OOS
What is Stock out?
1.Customer buys at another store
2.Customer buys another substitute brand/item
3.Customer never buys
4.Customer purchases item later
Fendi, Robbie, Hammad
Content
Out of Stock
Risk Management
Measures
Inventory mgt.
RFID
Conclusion
System Diagram
System
Diagram
Analysis of Retail Out of Stocks
A situation in which the demand or requirement for an item cannot be fulfilled from the current inventory.

----------------------------Business Dictionary
Replenishment
Failure

Inaccurate
Sales
Data
Staff
Errors
Impacts
RFID Systems
Key Variables
addressed using RFIDs
Key Variables
brought about by RFIDs

Alternative Risk Management Measures
Strategic Partnerships (CPFR)

Better Human Resources Management & Training
Strategic Partnerships

The Influence of
keeping barcode systems
Risk brought about by Strategic Partnerships

Better HRM & Training

Risk brought about from better HRM & Training
Conclusion
Full transcript