A Conceptual Framework for Economic Analysis of REID Reverse Logistics via Simulation

Radio frequency identification (RFID) technology introduces the opportunity for increased material and product visibility by facilitating easy tracking and identifying of containers and their contents. Throughout the manufacturing or distribution processes, this technology has been utilized by various organizations. In addition to wide use of disposable RFID tags, reusable RFID tags premises desired economic and efficient supply chain management Considering the reusable RFID tags, the price of the tag, related quality level and logistics policies are crucial. In this study, a conceptual framework for economic analysis of RFID reverse logistics via simulation is presented. Proposed methodology is demonstrated through a hypothetical case study.