Electronic Product Code Project
Table of Contents
Executive Overview……………………………………………………………………3
Stage 1: Determination of Scope and Objectives……………………………………....4
Stage 2 – Systems Investigation and Feasibility……………………………………….4
Stage 3 – Systems Analysis…………………………………………………………….7
UPC DFD (Legacy System)…………………………………………………………....9
Stage 4 – System Design……………………………………………………………….9
Stage 5 – Detail System Design……………………………………………………….10
EPC DFD (New System)………………………………………………………………14
Stage 6 – Implementation…………………………………………………………….. 14
Stage 7 – Changeover………………………………………………………………….15
Stage 8 – Evaluation and Maintenance………………………………………………...17
Appendix A – Cost Benefit Analysis Chart……………………………………………19
References…………………………………………………………………...................23
Executive Overview:
As a small grocery chain we are currently 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 scale to not only beat us on cost but also industry innovation. According to the electronic periodical Baseline, “Several dozen 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 technology a customer 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 Best Buy, which sells electronic devices along with household appliances, implemented this technology in many of its stores and has increased revenue, along with customer satisfaction due to always having proper stock on hand. We believe that this innovation will have a profound effect on our customer base, especially the highly desired, short attention span, and technically astute demographic of the 20-45 year olds. There are many other large retailers looking at this technology for the same reason (increased revenue) and studies show that smaller retailers would be willing to implement this same technology if initial installation costs decreased (2002). Our groc...
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...illion USD 0.002 USD
Reduction in Unsaleables 3.0 million USD 0.001 USD
Reduction in Out-of-Stock 4.2 million USD 0.002 USD
Point of Sale Efficiency 7.5 million USD 0.003 USD
Total savings at outlets 46.9 million USD 0.022 USD
Estimated 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 assumed that all tags costs are carried by your supply chain partners
References
Mullin, Eileen; (September 5, 2002). Electronic Product Code, Baseline, Retrieved February, 17th 2004 from http://www.baselinemag.com
EPC Global Website: http://archive.epcglobalinc.org/aboutthetech.asp
AARFID Incorporated Website: http://www.aarfid.com/middleware.html
RFID News Website: http://www.rfidnews.org/
RFID Journal Website: http://www.rfidjournal.com/article/archive/9?topics=9&imageField2.x=11&imageField2.y=5
RFID Online Source Book: http://www.frontlinemagazine.com/rfidonline/
A Louisiana attorney is constantly asked by non-Louisiana peers if the state ever adopted the Uniform Commercial Code or if they are still using the old, outdated, Napoleonic Code. Though Louisiana has stark interpretations of the relevance of the UCC, the state has adopted the code in piecemeal. This article is a partial synopsis of introducing readers to a few of the concepts of UCC as adopted by Louisiana compared to the existing principles of the law of sales.
of product with the rest of the retailers may not be good idea. This kind of business most likely
While there are numerous themes throughout the text of F. Scott Fitzgerald’s The Great Gatsby, the most prominent is that of the American Dream. The American Dream is the idea that any person, no matter what he or she is, or from where he or she has come, can become successful in life by his or her hard work; it is the idea that a self-sufficient person, an entrepreneur, can be a success. In this novel, however, it is the quest for this ‘dream’ (along with the pursuit of a romantic dream) that causes the ultimate downfall of Jay Gatsby.
In The Great Gatsby, by F. Scott Fitzgerald, the main theme is most directly related to the American Dream. The American Dream is based on the idea that any person, no matter who they are, can become successful in life by working hard. The Great Gatsby is about what happened to the American Dream during the 1920's, an era when the dream had been corrupted by the relentless pursuit of wealth. The pursuit of the American Dream is the ultimate cause of the downfall of the main character, Jay Gatsby.
Walmart has a great opportunity with the use of their online addition, in assisting them with their large scale of operation. The amount of data that Walmart could collect through the presence of the virtual consumer could develop a better understanding of their customers purchase habits and trends. This could assist in market research and product placement; further emphasising brand and product awareness.
In addition to the change in behavior of consumer, many companies or retailers change the sales channel combinations. The greatest impact of the Web-bases electronic revolution has occurred in companies adopting the click-and-mortar approach. Click- and-mortar is one the strategy used by the companies or retailers that they continue to conduct their business in the physical locations and have added the electronic commerce component to their business activities. According to one study, 37% of United States retailers are selling through a combination of the internet, in stores and catalogs. This represents a growing demand for the business-to-customer package delivery service.
In F. Scott Fitzgerald’s novel, The Great Gatsby, two main characters accompany us: Daisy Buchannan and James Gatz, whom we know as Jay Gatsby. A character learns that we do not have to be likable to be interesting. Dreams are often a disappointment because they are somewhat unrealistic. “The major characters in The Great Gatsby are wealthy, privileged, self-centered, and supremely “careless” or heedless of the rights and needs of others” (Source #1). In Fitzgerald’s novel, The Great Gatsby, Gatsby represents the emptiness of the American Dream through the pursuit of wealth and a focus on the past.
Scott Fitzgerald had a rough life in hardly ever succeeding in novel writing and having a troublesome issue with alcoholism, he however showed us the way of achieving the American dream. When he had rough times with alcoholism and not getting enough money from writing, he kept striving for that sense of reward and security. Although, most importantly through his novels he shifts the american dream ideas from his thoughts to the reader's attention. The Great Gatsby is a brilliant novel as it not only goes through the thug’s life trying to win over a girl, but it puts into detail how America can promise the achievable. This is the life of F. Scott
Morally, Jay Gatsby pursued the American dream as a front, he found himself looking for an answer that made him the man he was, the self-made wealth and happiness that he created was all a facade for a hazy future that he expected to come true, which never did. The front Gatsby put forth on obtaining the American Dream was only capable from the crooked business that he established; essentially, he was “a penniless young man” the first time he met Daisy Buchanan. The justification of how Jay pursued the American Dream was not behind his perspective as a bootlegger, but his perspective as a man who was deeply in love. Mr. Gatsby represents the realism/ideals of the American Dream, through the dedication on achieving a considerable amount of money,
Aeneas was very devoted and made it his duty to provide for his people. One thing readers don’t really recognize throughout the books is that Aeneas did those things because he had to. His people put in him in that position because they knew he would be the best for that job. It’s as if he was forced to have to step up and deliver and defend. Aeneas knew that people were looking up to him and that’s when he made it his responsibility to become devoted. He was chosen to keep the hope of Troy alive and he then became a leader and formed his legacy as an amazing hero that went through hardships and still overcame it all.
Allen, J. (2009) ‘One-stop shopping: the power of supermarkets’, in Taylor, S., Hinchliffe, S., Clarke, J. and Bromley, S. (eds)
Availability of online ordering facility presents the franchise with a competitive edge over its rivals.
...stry where customers are still inclined to touch and feel a product before purchase, combining traditionally preferred customer points of contact with web-based shopping channels into a single experience is claimed to be a powerful means of capturing a local market. However, ecommerce and omni-channel selling require significant investments in web development and marketing (Cory, Furniture Today).
In the united sates’ book retailing industry is an advanced industry and borders group have acknowledged little or no growth in recent years. Books epitomize borders main product type in terms of sales. Instead of opening new book superstores, borders group believe that there is bigger short-term chance in improving the efficiency of existing superstores. Snowballing their market share in electronic books and in improving Internet based sales outlets. Precisely borders could see hypothetical transforming their existing superstores by dropping the space that presently used for material books and rearranging that space for which is not books, product that would be convincing for borders customers plus greater subdivisions devoted to electronic book readers, an improved educational toys and games sections for kids and larger cafes and increased gifts and stationery assistances. In my opinion for borders Internet based vending will eventually increase in popularity and at the same time market share as a supply method for material book, music and movie market. I believe that in store sales of material book...
Computer technology has had a significant impact on retail stores. All but the smallest shops have replaced the old-fashioned cash register with a terminal linked to a computer system. The terminal may require that the clerk type in the code for the item; but more and more frequently the checkout counter include a bar-code scanner, a device that directly reads into the computer the UPC printed on each package.