Top

Published in:

2013 | OriginalPaper | Chapter

1. The Business Value of RFID

Author : Alp Ustundag

Published in: The Value of RFID

Publisher: Springer London

Activate our intelligent search to find suitable subject content or patents.

search-config

AI-assisted search

Off

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.

Dont have a licence yet? Then find out more about our products and how to get one now:

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

über 102.000 Bücher
über 537 Zeitschriften

aus folgenden Fachgebieten:

Automobil + Motoren
Bauwesen + Immobilien
Business IT + Informatik
Elektrotechnik + Elektronik
Energie + Nachhaltigkeit
Finance + Banking
Management + Führung
Marketing + Vertrieb
Maschinenbau + Werkstoffe
Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

inform now

Springer Professional "Technik"

Online-Abonnement

Mit Springer Professional "Technik" erhalten Sie Zugriff auf:

über 67.000 Bücher
über 390 Zeitschriften

aus folgenden Fachgebieten:

Automobil + Motoren
Bauwesen + Immobilien
Business IT + Informatik
Elektrotechnik + Elektronik
Energie + Nachhaltigkeit
Maschinenbau + Werkstoffe

Jetzt Wissensvorsprung sichern!

inform now

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

über 67.000 Bücher
über 340 Zeitschriften

aus folgenden Fachgebieten:

Bauwesen + Immobilien
Business IT + Informatik
Finance + Banking
Management + Führung
Marketing + Vertrieb
Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

inform now

next chapter The Cost–Benefit Models for RFID Investments

Aberdeen Group Report (2009) Retail loss prevention (LP) systems, http://www.epicor.com/Company/PressRoom/Documents/RetailLP_AXIS_072909_FINAL.pdf. Accesses 8 June 2010

Bacheldor B (2007) At Wayne memorial, RFID pays for itself. RFID J, http://www.rfidjournal.com/article/view/3199. Accessed 20 Feb 2008

Bacheldor B (2006) RFID fills security gap at psychiatric ward. RFID J http://www.rfidjournal.com/article/view/2750. Accessed 22 April 2008

Banks J, Hanny D, Pachano MA, Thompson LG (2007) RFID applied. Wiley, New JerseyCrossRef

Brooks J (2011) M&S to roll out next-gen RFID tags from 2011 http://www.packagingnews.co.uk/z/labelling/ms-to-roll-out-next-gen-rfid-tags-from-2011/. Accessed 10 Sept 2011

Buyurgan N, Hardgrave BC, Lo J, Walker RT (2009) RFID in healthcare: a framework of uses and opportunities. Int J Adv Perv Ubiq Comp 1(1):1–25. doi:10.4018/japuc.2009010101 CrossRef

Chao C, Yang J, Jen W (2007) Determining technology trends and forecasts of RFID by a historical review and bibliometric analysis from 1991–2005. Technovation 27(5):268–279. doi:10.1016/j.technovation.2006.09.003.CrossRef

Collins J (2004) Metro launches RFID Center. RFID J http://www.rfidjournal.com/article/view/1019. Accessed 12 Nov 2007

Collms J. (2006) RFID journal metro is back on track, http://www.rfidjoumal.com/article/articleprint/2762/-l/385/. Accessed 5 Oct 2008

Delanuay C et al (2007) A literature review on investigations dealing with inventory management Inventory management with data inaccuracies. In: Proceed of the 1st RFID eurasia conference, 5–7 Sept 2009, Istanbul, pp 20–26

Dittmer K (2004) Blue force tracking—a subset of combat identification, http://findarticles.com/p/articles/mi_m0PBZ/is_5_84/ai_n7069233/. Accessed 10 Nov 2008

Gambon J (2006) RFID frees up patient beds, RFID J http://www.rfidjournal.com/blog/entry/2549. Accessed 14 Aug 2009

Ilie-Zudor E, Kemény Z, Blommestein F, Monostori L, Meulen A (2011) A survey of applications and requirements of unique identification systems and RFID techniques. Comput Ind 62(3):227–252. doi:10.1016/j.compind.2010.10.004 CrossRef

Kumar S, Budin EM (2006) Prevention and management of product recalls in the processed food industry: a case study based on an exporter’s perspective. Technovation 26(5–6):739–750. doi:10.1016/j.technovation.2005.05.006 CrossRef

Landt J (2005) The history of RFID. IEEE Potentials 24:8–11. doi:10.1109/MP.2005.1549751 CrossRef

Liard M (2003) The global markets and applications for radio frequency identification and contactless smartcard systems, venture development corporation, Natick, MA http://www.sic.co.th/download/RFID-IC-whitepaper.pdf. Accessed 10 Oct 2009

McFarlane D, Sheffi Y (2003) The impact of automatic identification on supply chain operations. The Int J Logist Manag 1:14–17. doi:10.1108/09574090310806503

McGinity M (2004) RFID: is this game of tag a fair game? Commun ACM 41:15–18

Nizam CK et al (2011) Radio frequency identification (RFID). Fast magazine http://www.airbus.com/fileadmin/media_gallery/files/brochures_publications/FAST_magazine/FAST47_8-rfid.pdf. Accessed 23 May 2011

O’ Connor M.C (2008) Metro expanding use of RFID, for both pallets and cases. RFID J http://www.rfidjournal.com/article/view/3967. Accessed 12 March 2009

Patil M (2006) Investments in RFID: a real options approach. http://www.patni.com/resourcecenter/collateral/RFID/tp_RFID_Real-options-approach.pdf. Accessed 4 March 2007

Penfield P (2008) Visibility within the supply chain. Retrieved Feb 10, 2010, Material handling industry of America. http://www.mhia.org/news/industry/7960/visibilityVisibility-within-the-supply-chain. Accessed 12 November 2010

Poirier MC, McCollum D (2006) RFID strategic implementation and ROI: a practical roadmap to success. J Ross Publishing, Florida

Roberti M (2010) Wal-Mart relaunches EPC RFID effort, starting with men’s jeans and basics, RFID J http://www.rfidjournal.com/article/view/7753. Accessed 5 Oct 2011

Swedberg C (2010) DOD redoubles its efforts to lower costs via RFID. RFID J http://www.rfidjournal.com/article/view/8358/2. Accessed 12 Jan. 2011

Swedberg C (2011a) Florida’s celebration health hospital measures efficiency. RFID J http://www.rfidjournal.com/article/view/8754. Accessed 20 Nov 2011

Swedberg C (2011b) U.S. army deploys ‘soldier-Friendly’ system to track thousands of vehicles in Kuwait. RFID J http://www.rfidjournal.com/article/view/8946. Accessed 12 Nov 2011

The Economist (2003) The IT revolution: the best thing since the barcode. 6 Feb, 2003, 51

Ustundag A (2008a) RFID and Supply Chain. Sistem publications, Istanbul

Ustundag A (2008b) The impacts of RFID on supply chain management. Dissertation, Istanbul Technical University, Istanbul

Ustundag A, Kilinc MS, Cevikcan E (2010) Fuzzy rule-based system for the economic analysis of RFID investments. Expert Syst Appl 37(7):5300–5306. doi:10.1016/j.eswa.2010.01.009 CrossRef

Wessel R (2007) Metro group’s galeria kaufhof launches UHF item-level pilot. RFID J http://www.rfidjournal.com/article/view/3624. Accessed 25 May 2008

Title: The Business Value of RFID
Author: Alp Ustundag
Publisher: Springer London
Book: The Value of RFID
Print ISBN: 978-1-4471-4344-4

Electronic ISBN: 978-1-4471-4345-1

Copyright Year: 2013
DOI: https://doi.org/10.1007/978-1-4471-4345-1_1

Springer Professional

Abstract

Please log in to get access to your license.

Dont have a licence yet? Then find out more about our products and how to get one now:

Springer Professional "Wirtschaft+Technik"

Springer Professional "Technik"

Springer Professional "Wirtschaft"