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Activity Number: 429
Type: Contributed
Date/Time: Tuesday, August 6, 2013 : 2:00 PM to 3:50 PM
Sponsor: Business and Economic Statistics Section
Abstract - #309341
Title: The Challenges and Opportunities for Statisticians in RFID-Sensed Big Data
Author(s): Heungsun Park*+ and Hyunsoo Kim
Companies: Department of Statistics, Hankuk University of Foreign Studies and Kyonggi University
Keywords: Big Data ; RFID ; Supply Chain Management
Abstract:

The use of RFID (Radio Frequency Identification) has increased dramatically in most areas in South Korea. As a statistician and an industrial engineer in the data-related field, we need to play a main role for analyzing the RFID data-driven marketing strategies. In this study, we present how RFID is adapted in korean supply chain management (SCM) industries, especially pharmaceutical companies and how the statisticians can contribute to the big data society by illustrating the difficulties and the future of statistical analytics in korean pharmaceutical industry.


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