RFID Yields ROI Over Time

"Manufacturing organizations need to rethink the business value of RFID technologies when considering ROI strategies, according to Manufacturing Insights' report, "RFID Investment: Cost of Compliance or Strategic Business Benefit?" The cost of RFID tags is the short-term concern for executives, but long-term issues include integration, process, and technology. "Waiting for RFID to become 100 percent proven, understood, and standardized may seem to be a safe decision on the surface, but it's a losing strategy," says Mike Witty, program director of demand management strategies for Manufacturing Insights and author of the report. "In general companies have focused too much on the cost of compliance and not enough on the business value of RFID."" Source: desinationcrm.com