As companies consider whether or not to implement RFID technology, ROI is a primary concern.
EPCglobal recently introduced the EPC Value Model to help businesses evaluate potential costs and benefits of implementing RFID or another Electronic Product Code (EPC) system.
The spreadsheet model considers company-specific data such as annual revenue, profit margin, average inventory level, and key areas of concern, to generate an analysis of ROI over time.
The following companies participated in the formulation of the Value Model: CVS, The Gillette Company, Hewlett-Packard, Johnson & Johnson, Kimberly-Clark, Metro (Germany), Wal-Mart and Yuen Foong Yu (Taiwan).
Click here to read the press release.
Dennis Bacchetta
1 comment:
hey i dont know if you check out the RFID weblog at all but you might want to check out this info about ROI for RFID implementation
article:
http://rfid.weblogsinc.com/entry/1234000387049329/
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