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Return on investment calculator for RFID ecosystem of high tech company
Authors:Robert de Souza  Mark Goh  Balan Sundarakani  Wong T Wai  Keith Toh  Wu Yong
Affiliation:1. The Logistics Institute - Asia Pacific, National University of Singapore, Singapore;2. Faculty of Business and Management, University of Wollongong in Dubai, Dubai, United Arab Emirates;3. GS1, Singapore;4. Institute for Logistics and Supply Chain Management, Victoria University, Melbourne, Australia;5. Department of International Business, Griffith University, Gold Coast, Australia;6. University of South Australia, Adelaide, Australia;1. Professor, Department Information Management, Chihlee Institute of Technology;2. Graduate Student, Graduate institute of Informatio Management;3. Professor, Department Inf rmation Management, Chang Gung University;1. SISU School of Business and Management, Shanghai International Studies University, 550 Da Lian Xi Road, Shanghai 200083, PR China;2. Antai College of Economics and Management, Shanghai Jiao Tong University, 1954 Hua Shan Road, Shanghai 200030, PR China;3. School of Business, Jiangnan University, Wuxi, Jiangsu Province 214122, PR China;1. Computer and Information Science Department, University of Massachusetts Dartmouth, MA 02747, USA;2. Computer Science Department, University of Wiscconsin Oshkosh, WI 54901, USA;1. Department of Industrial Engineering, Birjand University of Technology, Birjand, Iran;2. Department of Industrial Engineering, University of Kurdistan, Sanandaj, Iran;3. Department of Textile Engineering, Isfahan University of Technology, Isfahan 84156-83111, Iran;1. Department of Biomedical Engineering, Rutgers, The State University of New Jersey, Piscataway, NJ, USA;2. Department of Biomedical Engineering, Case Western Reserve University, Cleveland, OH, USA;3. Department of Pathology and Laboratory Medicine, University of Pennsylvania, Philadelphia, PA, USA;4. Department of Pathology and Anatomical Sciences, University at Buffalo, Suny, Buffalo, NY, USA;5. Department of Imaging and Computer Vision, Siemens Corporate Research, Princeton, NJ, USA
Abstract:The use of RFID technology affords an opportunity for greater visibility in the supply chain and further supply chain automation, making the processes more streamlined, providing accurate and timely automatic data capture, thereby improving shipment reliability. This paper provides a case study of an RFID-enabled supply chain ecosystem focusing on a large high tech multi-national corporation based in Singapore. Specifically, the paper provides an implementation framework for the Return on Investment (ROI) calculator which trades off labor cost and productivity gains. The Supply Chain Operations Reference (SCOR) methodology is used to assess the operational level benefits of RFID implementation. We show how scalability is critical for RFID adoption.
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