Electronic Product Code Project Essay -- Business Management Marketing

electronic fruit Code ProjectTable of content executive director Overview3 show 1 Determination of Scope and Objectives....4 full stop 2 outlines Investigation and Feasibility.4 arcdegree 3 Systems Analysis.7 UPC DFD (Legacy System)....9Stage 4 System Design.9Stage 5 Detail System Design.10EPC DFD (New System)14Stage 6 Implementation.. 14Stage 7 Changeover.15Stage 8 Evaluation and Maintenance...17 vermiform appendix A Cost Benefit Analysis Chart19References...................23 Executive OverviewAs a sm every grocery chain we are presently struggling to maintain our revenue stream and profitability against the competitive threats of the global warehouse chains (Costco, Wal-Mart, etc). We continue to find ourselves behind the curve in this competitive situation. These larger retailers have been able to use their greater resources and economies of scurf to not only beat us on cost tho also industry innovation. According to the electronic periodical Baseline, Several twe lve retailers and suppliers, including Unilever, Coca-Cola, Kraft Foods, and Wal-Mart have signed on to the next generation UPC called the Electronic Product Code (EPC), (Mullin, 2002). With the implementation of this engine room a customer leave be able to virtually walk through a store, suck up all their groceries, and walk out without ever having to stop for a crack or checkout procedure. The electronic retail chain Best Buy, which sells electronic devices along with household appliances, implemented this technology in many of its stores and has increase revenue, along with customer satisfaction due to always having proper armory on hand. We believe that this innovation will have a cardinal effect on our customer base, especially the highly desired, short guardianship span, and technically astute demographic of the 20-45 year olds. There are many other large retailers looking at this technology for the same flat coat (increased revenue) and studies show that smaller retai lers would be willing to implement this same technology if initial installation costs decreased (2002). Our groc... ...illion USD 0.002 USDReduction in Unsaleables 3.0 one billion million USD 0.001 USDReduction in Out-of-Stock 4.2 million USD 0.002 USDPoint of Sale Efficiency 7.5 million USD 0.003 USDTotal savings at outlets 46.9 million USD 0.022 USDEstimated costAnnual Costs 9.7 million USD Tag Costs 0.0 million USD One-time Costs 96.6 million USD desegregation Cost 7.8 million USD Reader Costs (including installation) 88.7 million USD It is assumed 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// collect.epcglobalinc.org/aboutthetech.asp AARFID I ncorporated Website http//www.aarfid.com/middleware.htmlRFID News Website http//www.rfidnews.org/RFID Journal Website http//www.rfidjournal.com/article/archive/9?topics=9&imageField2.x=11&imageField2.y=5RFID Online Source Book http//www.frontlinemagazine.com/rfidonline/