Michelle Dy-Reyes

The retail stores usually meets the local demand. The store physically cannot move to the other place to meet the demand for other areas. The Internet solves this problem by extending the market for a retailer to […]

Better inventory management, reduce theft, less labor.

Pitfall: Security and privacy

No I would not pay for online news. News can be found all over the Internet for free. Specially, nowadays, you can get real time news through social media such as Twitter and the Facebook. Thus, I do not see a […]

I learned about the main differences between RFID and traditional barcode. I also learned how adding RFID chip on pallet level, case level, and on the products benefits different parts of the supply chain. For […]

Sorry; I meant to post this on week 5.

I learned about the main differences between RFID and traditional barcode. I also learned how adding RFID chip on pallet level, case level, and on the products benefits different parts of the supply chain. For […]

The most important lesson I got this Beer Game was that communication is the key to make better decisions. Without communication, it is hard for any business to predict the the future demand and supply the […]

The biggest take away from week four I think is collaboration is a must in order to decrease the bullwhip effect. Also, companies must take lagging time into the consideration.

1. RFID reduces the labor work where as, barcode has to be scanned in every steps.
2. RFID can help decreasing theft at the store
3. RFID helps locating products at the warehouse fairly easily

Privacy:
Companies can keep track of consumers’ buying habits.
Some passports has RFID, and those passport will track the movement of the passport carrier.

Security:
At the store, dishonest people can […]

c. The tag’s power source

Some causes of the bullwhip effect are price fluctuation, order batching, rationing and shortage gaming, and demand forecast updating.

Knowing POS definitely has an effect of the bullwhip effect. POS system […]