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The business value of RFID

Research output: Chapter in Book/Report/Conference proceeding › Chapter › peer-review

2 Citations (Scopus)

Abstract

RFID can be defined as a strategic technology tool redesigning business processes, cutting costs, and improving the operational performance. It is used for a wide variety of application areas ranging from retail to manufacturing, healthcare, logistics, and defense. It may improve the potential benefits of supply chain management through increase of the four factors: efficiency, accuracy, visibility, and security. Calculating the return on investments, the impact levels of RFID on these factors should be quantified accurately for each supply chain member. This chapter focuses on the question how RFID adds value to business processes in the context of these factors.

Original languageEnglish
Title of host publicationThe Value of RFID
Subtitle of host publicationBenefits Vs. Costs
PublisherSpringer-Verlag London Ltd
Pages3-12
Number of pages10
ISBN (Electronic)9781447143451
ISBN (Print)9781447143444
DOIs
Publication statusPublished - 1 Jan 2013

Bibliographical note

Publisher Copyright:
© Springer-Verlag London 2013.

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 9 - Industry, Innovation, and Infrastructure
    SDG 9 Industry, Innovation, and Infrastructure

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