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The value of RFID : benefits vs. costs

Author: Alp Ustundag
Publisher: London ; New York : Springer, ©2013.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Database:WorldCat
Summary:
RFID technology presents a great potential for creating competitive advantage. By automating and simplifying data collection, it lets users more accurately track assets and monitor key indicators, which in turn gives greater visibility to the operations. However, the benefits received from this technology will be determined by how well it is integrated with the business processes and overall information flow.  Read more...
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Genre/Form: Electronic books
Additional Physical Format: Print version:
(CaONFJC)cou11200326
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Alp Ustundag
ISBN: 9781447143451 1447143450
OCLC Number: 806463406
Description: 1 online resource.
Contents: Part 1. UNDERSTANDING THE COSTS AND BENEFITS OF RFID --
The Business Value of RFID / Alp Ustundag --
The Cost-Benefit Models for RFID Investments / Serdar Baysan and Alp Ustundag --
Risk Analysis for RFID Investments Under Uncertainty / Emre Cevikcan and Alp Ustundag --
Evaluating RFID Investments: A Real Options Approach / Alp Ustundag and Seda Ugurlu --
Decision Making for Determining the Implementation Level of RFID Projects / Emre Cevikcan and Alp Ustundag --
RFID in Supply Chain: The Tagging Cost Sharing Approach / Alp Ustundag and Mehmet Serdar Kilinc --
Part 2. JUSTIFYING RFID INVESTMENTS IN DIFFERENT APPLICATION AREAS --
RFID Adoption in Healthcare and ROI Analysis / Nebil Buyurgan, Sylvain Landry and Richard Philippe --
Economic Evaluation of RFID Investments in Cargo Operations / Alp Ustundag, Ozgur Kabadurmus and Mehmet Serdar Kilinc --
Value of RFID Technology in Construction Supply Chains / Gursans Guven, Gokhan Demiralp and Esin Ergen --
Economic Potential of RFID Use in Apparel Retail Industry / Alp Ustundag, Aylin Ustundag and Mert Bal --
Value of RFID Enhanced Maintenance in Aerospace Industry / Sule Itir Satoglu and Alp Ustundag --
Value of RFID in Library Management System / Sule Itir Satoglu, Alp Ustundag and Mehmet Serdar Kilinc.
Responsibility: Alp Ustundag, editor.
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Abstract:

This book describes the business value of RFID, offering a thorough explanation of its costs and benefits. Geared to business, rather than technological leaders, the book proposes different  Read more...

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schema:description"RFID technology presents a great potential for creating competitive advantage. By automating and simplifying data collection, it lets users more accurately track assets and monitor key indicators, which in turn gives greater visibility to the operations. However, the benefits received from this technology will be determined by how well it is integrated with the business processes and overall information flow. Because of the fact that the decision to deploy RFID technology in an enterprise is a business decision instead of a technology decision, cost-benefit analysis is a key component of this decision. If an RFID deployment cannot be justified in terms of its economic value to the company, it is not likely to help the company; and consequently, it is not likely to remain a viable deployment over the long term. The Value of RFID describes the business value of RFID and explains the costs and benefits of this technology comprehensively. Different investment evaluation models are proposed to use in various application areas. Techniques to guide the selection of appropriate implementation levels and to handle uncertainty and risk in RFID are explained. Written for researchers, undergraduate and graduate students, and lecturers working in the field of RFID and supply chain management, evaluation practices for RFID investment for different application areas are discussed in detail. The book also guides managers in making accurate decisions on RFID investment in order to maximize the return."
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