Value of RFID enhanced maintenance in aerospace industry

RFID technology can find a wide range of application areas in many sectors, such as automotive, logistics, retail, etc. Nowadays, RFID becomes more important in aerospace industry. Especially, in aircraft maintenance activities, RFID improves productivity and makes processes faster which reduces cycle times and inventories. In addition, it helps avoid manual errors and thus improve quality. In this study, the recent RFID applications for maintenance activities are explained to reveal the potential of improvement. Next, a case study for RFID enhanced maintenance in aerospace industry is explained, and then a cost-benefit analysis of RFID implementation at this case is carried out. In this analysis, the NPV method is used with Monte Carlo simulation to consider different uncertainty levels of cost savings provided by RFID implementation.