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142 – Frames and Other Census Issues
The Challenges and Opportunities for Statisticians in RFID-Sensed Big Data
Sponsor: Business and Economic Statistics Section
Keywords: Big Data, RFID, Supply Chain Management
Heungsun Park
Hankuk University of Foreign Studies
Hyunsoo Kim
Kyonggi University
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.