• Title/Summary/Keyword: RFID Market

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Analysis and Forecasting of Diffusion of RFID Market in Korea (국내 RFID 시장의 확산 분석 및 예측 모형)

  • Son, Dongmin;Moon, Seonghyeon;Jeong, Bongju
    • Journal of Korean Institute of Industrial Engineers
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    • v.40 no.4
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    • pp.415-423
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    • 2014
  • In recent decades, RFID (Radio Frequency IDentification) technology has been recognized as one of the most core competencies in implementing ubiquitous society. However, Korea has not seen good success in diffusion of RFID even though Korean government continues funding many projects to diffuse the technology in industries. Most previous researches overestimate the growth of Korean RFID market in contrary to real market situation. This study aims to analyze the Korean RFID market and find a reasonable forecasting model for it. Our experimental results show that Bass forecasting model provides the more realistic estimates than any other models and the analyses of forecasting error provide useful information for the better forecasting. We also observed that government policy plays a crucial role in the diffusion of RFID technology in Korea.

A Study on the Application of the RFID Technology in Textile Industry (섬유산업의 RFID기술 적용에 관한 연구)

  • Yang, Hyo-Seok;Kim, Byeong-Chan;Yang, Dae-Yong
    • Journal of the Korea Society of Computer and Information
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    • v.13 no.4
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    • pp.195-204
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    • 2008
  • Textile industry of Domestic has beeb confronted with Free Trade, and Regional Trade Blocks. In addition, textile industry market is changing from the provider market-oriented to consumer-driven market. RFID is the core technology to correspond in the these environmental change. In this study, we reviewed characteristic and present condition of domestic textile industry and newest technology aspect of RFID. Also, we suggested application plan of RFID technology in textile industry through the analyzing RFID application case of domestic and outside the country textile industry. More precisely, it is propsed that tracking, inspecting and logistics management of raw materials or yarn in up-stream, and Development hysteresis and process management of textile fabrics in middle-stream sector, theftproofing or returning clothes and providing information of products in down-stream sector, through RFID Technology.

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A Study on the Application of the RFID Technology in Textile Industry (섬유산업의 RFID기술 적용에 관한 연구)

  • Yang, Hyo-Seok;Kim, Byeong-Chan;Yang, Dae-Yong
    • Proceedings of the Korean Society of Computer Information Conference
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    • 2008.06a
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    • pp.111-115
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    • 2008
  • Textile industry of Domestic has been descended in the sector of design, brand, recognition comparing with developed countries. And products of middle and low price do not have competitiveness against developing countries. In addition, textile industry market is changing from the provider market-oriented to consumer-driven market. RFID(Radio Frequency Identification) is the core technology to correspond in the these environmental change. RFID is a technology that is used to communicate with identified objects using radio waves, so that the objects can be recognized, tracked and traced. In this study, we reviewed characteristic and present condition of domestic textile industry and newest technology aspect of RFID. Also, we suggested application plan of RFID technology in textile industry through the analyzing RFID application case of domestic and outside the country textile industry.

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Distribution Information Technology Investment and the Market Value of the Firm : Focusing on RFID case (한국에서 유통정보기술 투자가 주가에 미치는 영향에 관한 연구 : RFID 사례를 중심으로)

  • Son, Sam-Ho
    • Journal of Distribution Science
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    • v.16 no.10
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    • pp.65-76
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    • 2018
  • Purpose - This paper investigates how the market value of the firms are impacted by distribution information technology investment in Korea over time and across markets, industries and project characteristics. This is the first empirical study on the market payoffs from the RFID investment in Korea. The purpose of this study is to provide a appropriate guideline for investors and practitioners with respect to the announcement representing RFID adoption in Korea. This reaction guideline will stimulate the practitioners to monitor and evaluate the benefits and costs of the innovative RFID technology. Research design, data, and methodology - This paper employs event study methodology to analyze the payoffs from distribution information technology investment announcements over a fifteen-year period from 2003 to 2017. Event study method is based on the assumptions such as market efficiency, unanticipated RFID invest announcements and no confounding effects in the data. This study collected the information on RFID investment announcements by using a full text search engine Bigkinds provided by Korea Press Foundation over a fifteen-year period from January 2003 through December 2017. This paper selected 88 announcements representing RFID adoption by 46 firms. This paper estimated the payoffs from RFID investment announcement through events windows by using the market model of Mcwilliams and Siegel (1997) and calculated the Z-values. Using this test statistics we could infer if RFID adoption make large differences in abnormal returns across various classifications of the firms. Results - There is significant positive market returns from the announcement representing distribution information technology investment in the pre-2009 time period, the significances of payoffs disappear in the post-2009 time period. For this reason investors or practitioners can understand the importance of market entry time and the fact that the greater rewards may belong to early innovators while late imitators cannot reap such a rewards. This paper also find that there is a large differences in the payoffs from the announcement across markets, industries and project characteristics. Conclusions - Analysing the selected sample of 88 announcements representing RFID Adoption over fifteen-year period from 2003 to 2017, this study find that there is not only significant abnormal excess returns from RFID investment announcements but also there is great differences in the abnormal returns over time and across firm sizes or affiliated markets, industries, and project characteristics. This means that there are considerable values for the investors across various firm classifications. The findings of this paper provide useful implications for the practitioners to make judicious decisions whether to adopt the innovative technologies in general or not considering the various concrete circumstances in Korea.

Promotion Strategy of Item Level RFID by Demand Analysis (Item Level RFID 수요분석을 통한 활성화전략)

  • Park, Yong-Jae;Rim, Myung-Hwan
    • Proceedings of the Korean Institute of Information and Commucation Sciences Conference
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    • 2009.05a
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    • pp.837-840
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    • 2009
  • In recent years, Item Level RFID market, attaching RFID instead of barcodes to individual units for item rather than box and pallet units, is expected to expand both domestically and internationally in the future. In this study, by analyzing the demand for Item Level RFID services which apply RFID to the individual units, we would like to come by strategies that promote and develop RFID industry. This study consists of the following contents. First, we analyzed trends in domestic and overseas markets of Item Level RFID. Second, we surveyed the RFID demanding companies and analyzed Item Level RFID promising service sector, the expected leading field of market, the leading field of dissemination, and the obstacles of its introduction. Finally, on the basis of the results of the empirical study, we presented the strategies to promote Item Level RFID.

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Demand Forecasting by the Mobile RFID Service Model (모바일 RFID 서비스 모델에 따른 수요예측)

  • Park, Yong-Jae;Lim, Kwang-Sun
    • Proceedings of the Korean Institute of Information and Commucation Sciences Conference
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    • 2007.06a
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    • pp.495-498
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    • 2007
  • Recently, as REID Tag and Reader has been attached to, and wireless internet has been added to a mobile phone, the commercialization of Mobile RFID Service to obtain necessary information on daily life and use various applications by using mobile communication infra is drawing nearer. A new returns by Mobile RFID Service can be expected, however, the exact demand forecasting for the Mobile RFID Service is essential to induce mass investment from related communication enterprises. This study tries to get a foothold in enlarging the investment from related communication enterprises through demand forecasting for the Mobile RFID Service and to be helpful to the decision on their investment by predicting the demand on the service various Mobile RFID Service Models.

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A Study on Self-Diagnosis Function in RFID Reader (RFID리더의 자가 진단 기능에 관한 연구)

  • Kang, Young-Jin;Shon, Dong-Hee
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.14 no.1
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    • pp.358-362
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    • 2013
  • RFID reader platform with self-diagnosis function studied in this paper has an automatic state recognition function, a report function, and an automatic upgrade function. Also, since it uses frequency operation policy in multiple reader environments, it will be frequently used in the large operation environment and multi-readers environment. Therefore, the technology can meet the demands not only in the domestic RFID market, but in the global market.

A Study of Promoting Method a traditional market by implementing RFID technology and 6W1H context awareness (RFID 기술과 6W1H 상황인식 구현을 통한 전통시장 홍보 방법에 대한 연구)

  • Jung, Sungmo;Kim, Seoksoo
    • Journal of Convergence for Information Technology
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    • v.10 no.10
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    • pp.9-14
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    • 2020
  • With the distribution modernization policy advanced by the government and consumers preference toward it, the so called "modern market" has undergone rapid growth. Conversely, traditional market is losing popularity with consumers as a result of inadequate modern structures, small market size, convoluted relationships, inefficient operation and disordered transactions, among others. Therefore, this study seeks to utilize ubiquitous computing, that is, the upgrade of context aware information to 6W1H and promote the market through the interface with Smartphone and provide advanced information through the augmented reality technology. For the construction of context-aware system using user context, the results may significantly differ according to how reference rules are applied to and implemented on knowledge base. In light of above, through the use of RFID technology and 6W1H context awareness, we seek to promote traditional markets.

A way to enhance educational services based RFID (RFID 기반 교육서비스 고도화 방안)

  • Hwang, eui-chul
    • Proceedings of the Korea Contents Association Conference
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    • 2010.05a
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    • pp.356-361
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    • 2010
  • The RFID/USN is an area which the government tries to develop as part of new grown-up energy of IT convergence system. The government has a policy which raises a world market share of the RFID/USN 14 percent by 2013, 20 percent by 2018, expands companies with more than 5 billion won in annual sales, and increases employment of 44,000 people by 2013, 120,000 people of 2018. The difficulties of new grown-up energy industry entrants are 'costs of technical development', 'lack of technical experts', and, 'worries to find market', and so on. In this paper, we propose an education program that is systematic and has senses of the spot in order to train technical experts in the field of RFID.

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Design and Implementation of RFID Based u-SCM System for Fiber and Apparel Industry (섬유 및 의류산업의 RFID 기반 u-SCM 시스템의 설계 및 구현)

  • Moon, Il-Whan;Ahn, Jae-Geun;Kim, Sam-Keun
    • The Journal of Korean Institute of Communications and Information Sciences
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    • v.36 no.8B
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    • pp.986-995
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    • 2011
  • Recently, the market of fiber and apparel industry is rapidly changing from producer to consumer oriented. This trend emphasizes the necessity of SCM systems being able to do flexible correspondences to the market changing through synthetically reflecting consumers' various needs and a variety of patterns. However, because traditional SCMs manage their supply chains being based on bar code systems from the production to the distribution, they are suffering from the needs of real time information sharing and have their essential restrictions in the response to the environmental changes of the market and consumers' needs. This paper suggests a new RFID based u-SCM system optimized into the fiber and apparel industry. The proposed system has the benefits that through basing on RPID can collect information of the production and the distribution real time and make better use of it and connect to the legacy systems organically via Web services and rapidly respond to the market changing and consumers' needs. Through implementation, it is demonstrated that the proposed system can effectively facilitate them.