The business case for RFID revolves around the need for development or enhancement of business processes in which there is a requirement for item-management and more accurate and timely data capture.
An overriding goal is asset visibility everywhere,every time.
Barcoding has been providing such benefits for years and RFID will only extend the speed and efficiency using data capture capabilities.The key to these benefits is the identification of data transfer attributes that automate identification and data capturing can provide.These attributes include fast, accurate transfer of data, immediacy of information relating to the item concerned,and avoidance quite often of repetitive, error-prone, keyboard data entry.
The return on investment of an RFID implementation by ARKENIS is usually achieved in months rather than years, and the improvements can usually be measured in tens of percents rather than a few percent, almost irrespective of the size of the project.
Business Case for RFID
Appreciating the attributes and the benefits are one thing but the business case for embracing a technology must also be based upon economic justification. ARKENIS will - together with you the client - examine existing processes for which opportunities may be seen for improvement, and assure that both in technical and economic terms the prospects for improvement are established.
RFID will be a significant focus of IT investment for the next 5-10 years.
As your partner, ARKENIS is uniquely positioned to drive your RFID project.Not only are we able to offer customised IT expertise, provide all (latest) RFID related hardware,but also we will implement all your RFID projects and manage them through.In doing so, ARKENIS will continuously help you to secure your competitive advantage,meet marketplace mandates and create opportunities to reduce your expenses and free up working capital.
Retailers Force Industry Change
Increasingly more and more retailers are playing a major part in the move towards adopting the RFID strategy.Pioneering the move of imposing RFID technology use on to their suppliers has been WalMart.They identified savings of approximately 8 billion dollars, in the year following their imposed RFID policy.
As more companies follow suit, suppliers know they will eventually need to make the move sooner or later.