Implementation of e-ticketing systems Essay
Our company looks forward to establish a working group, for work on the issue of electronic ticketing and for that our study including: Collecting and analyses the relevant information related to the state-of-the-art of e-ticketing (in particular related to the group member’s networks) Discussing the different components related to the placement and implementation of e-ticketing systems Understanding the key aspects supporting the decision-making process when developing and implementing e-ticketing systems at level of organizational and operational.
Analyzing the business model of e-ticketing What is our product? It it about a prepaid smarted that uses MI fare. MI fare is the international De facto standard for contactable smarted. Information contain in this card can be read and written via magnetic induction using specified radio frequency and smarted software. This is smart card can be used as a mode of payment for public rainspouts .
Each time a user uses the card; the electronic card reader will deduct the exact fare from the value stored inside the card. User can top-up or reload the card with a pre-defined amount to continue using it. You can purchase this card from any supermarket or any agent point. Our company provides the machine of card reader for bus ticket and handheld bus ticketing for recharge and cards come with a one- year warranty period. If the card is faulty during this period, customer will get a card replacement free-of-charge.
Public transport operators: this service can be more effective by using e-ticketing system, the benefits of a comprehensive e-ticketing system for public transport operators are hard to quantify, as the main aim of e- ticketing is an improved service quality In monetary terms, e-ticketing could reduce administrative costs as fewer cashiers are needed, fare processing times could be reduced and a better throughput of passengers could be allowed. E- Ticketing enables a better integration of alternative services into the scheme, making it more attractive for customers to use it.
Due to accurate data on passenger flows it might also help to better exploit the networks capacities and to improve the user experience by setting up tailor-made services for individual passengers. Costs apply that can be easily quantified, e. G. , investment and operation costs, particularly the initial one-off costs (e. G. , readers, software and consultancy on the scheme design). How RIFF in transportation helps people, the benefits of prepaid smarted are: One card for all -for all public transport Ease-of-use for passengers No need to prepare for exact change. No need to wait for attendant to give you the small change.
No fumbling for cash at the gate/toll. Fast and convenient. Return on initial investment Market opening Flexible of using Increase profitable Time savings due to faster fare processing Provide strategic leadership improve the image of public transport Reducing fraud Attractiveness to passengers Simplicity of revenue collection Our customers: Children Pupils and students Elderly people and pensioners Disabled Unemployed people Police and army What is component? Smarted- – -computer system reader Reader machine the card on the card reader. You may use either side of the card.
The system will emit a “beep” sound to indicate that the transaction is successful. Handheld machine for recharge- conductor selects destination on the machine and smarted is flashed across the screen- machine debits from the card and spite out ticket the card can topped up from buses like pre-paid cell phone Smarted RIFF processing: Tags- device made up of an electronic circuit, batter and an integrated antenna REF used to transfer data between the tag and the antenna Provisions for attaching sensors Reader- Listens for tags beaconing Receives commands from application software Interprets into digital information
Sometimes combined with WIFE base Host computer- Reads data from the tag through the reader Stores evaluates obtained data Coordinates data from many readers to provide positioning information Public transportation pricing: The price of product or a service is its exchange value. In public transport, it is the exchange value of a Journey (one or more trips). ‘Price’ and ‘fare’ are equivalent. Public transport price policy should find the right balance between several sometimes contradictory objectives For the authority: increasing the number of citizens using public transportation Setting low prices and simple tariffs
As of today, the use of RFID in the consumer industry has focused mostly on the physical movement of products from the manufacturers to major retailers. Compared with barcodes, RFID tags not only identify the product but also provide continuous monitoring of the product. But from manufacturer’s point of view, the focus had earlier been more on increasing consumer base than achieving an increased operating efficiency by tagging their products with an eroded profit margin. Considering the tagging levels across the supply chains in the consumer industry, while consumer units comprising products and individual items and traded units consisting of packaged products and boxes have shown an increased compliance, the distribution and transportation units have yet to take it up on a similar scale. The warehousing and transportation is yet to embrace this technology with the result that gains are marginal when compared to what has already been achieved due to barcodes of the product.
While manufacturers across the consumer industry recognise the business benefits to be achieved through RFID technology, they can be grouped into early, medium and late adopter. A survey that sought to categorise their priority for RFID with respect to other initiatives by their company, 18% indicated it as a low priority, 54% as medium priority and 28% as high priority. What makes the implementation a still more arduous task is the changing standards which are yet to agree upon the standard format and data content that is to be present on a RFID chip. Besides the budget and cost issues inhibiting the penetration of RFID technology in consumer industry, the technology concerns and mandate requirements are yet to be fully finalised for the consumer industry to embrace RFID technology without any fears. The consumer industry is thus in a “wait and watch” policy for the technology to mature although they have devoted some budget to some pilot projects on RFID migration.
Descriptive statistics from RFID survey. 2 August, 2009. <http://www1.baylor.edu/surveys/RFID/rfid.htm>
Ryan, Thomas K. RFID in the consumer Industries: Being a Winner, not a Follower. 2005