Electronic Product Code Project Essay -- Business Management Marketing

electronic Product Code Project give in of ContentsExecutive Overview3Stage 1 Determination of chain of mountains and Objectives....4Stage 2 Systems Investigation and Feasibility.4Stage 3 Systems psychoanalysis.7 UPC DFD (Legacy System)....9Stage 4 System Design.9Stage 5 position System Design.10EPC DFD (New System)14Stage 6 Implementation.. 14Stage 7 Changeover.15Stage 8 Evaluation and sustentation...17Appendix A Cost Benefit Analysis Chart19References...................23 Executive OverviewAs a small grocery chain we ar currently struggling to maintain our revenue stream and profitability against the competitory threats of the global w arehouse chains (Costco, Wal-Mart, etc). We continue to find ourselves behind the thin out in this competitive situation. These larger retailers have been able to use their great resources and economies of scale to not only beat us on hail but also industry innovation. According to the electronic periodical Baseline, several(prenomin al) dozen retailers and suppliers, including Unilever, Coca-Cola, Kraft Foods, and Wal-Mart have signed on to the next coevals UPC called the Electronic Product Code (EPC), (Mullin, 2002). With the implementation of this technology a node will be able to virtually walk through a store, collect all their groceries, and walk out without ever having to stop for a cashier or checkout procedure. The electronic retail chain vanquish Buy, which sells electronic devices along with household appliances, implemented this technology in legion(predicate) of its stores and has increased revenue, along with customer satisfaction due to always having straightlaced stock on hand. We believe that this innovation will have a profound effect on our customer base, especially the highly desired, petty attention span, and technically astute demographic of the 20-45 year olds. There are many other large retailers looking at this technology for the alike reason (increased revenue) and studies show t hat smaller retailers would be willing to implement this analogous technology if initial installation costs decreased (2002). Our groc... ...illion USD 0.002 USDReduction in Unsaleables 3.0 cardinal USD 0.001 USDReduction in Out-of-Stock 4.2 million USD 0.002 USDPoint of Sale qualification 7.5 million USD 0.003 USDTotal savings at outlets 46.9 million USD 0.022 USDEstimated Costs annual Costs 9.7 million USD Tag Costs 0.0 million USD One-time Costs 96.6 million USD Integration Cost 7.8 million USD Reader Costs (including installation) 88.7 million USD It is fictional that all tags costs are carried by your supply chain partnersReferencesMullin, Eileen (September 5, 2002). Electronic Product Code, Baseline, Retrieved February, 17th 2004 from http//www.baselinemag.comEPC Global Website http//archive.epcglobalinc.org/aboutthet ech.asp AARFID Incorporated Website http//www.aarfid.com/middleware.htmlRFID News Website http//www.rfidnews.org/RFID Journal Website http//www.rfidjournal.com/ bind/archive/9?topics=9&imageField2.x=11&imageField2.y=5RFID Online Source ledger http//www.frontlinemagazine.com/rfidonline/