Manufacturing Insights, an IDC Company, today announced the availability of RFID Investment: Cost of Compliance or Strategic Business Benefit?, a new report to educate manufacturers on the current state of RFID initiatives and provide insight on the value of an options thinking RFID investment strategy in place of traditional ROI strategies. According to Manufacturing Insights, manufacturers should focus on the true business value of RFID, rather than the cost of compliance. Manufacturing Insights encourages executives to treat their RFID business case as a living document – identifying the company’s RFID opportunities (options), investing in a scalable RFID platform, and empowering management with the flexibility to make the needed adjustments to best leverage identified options.
The current RFID climate is overwrought with a sense of urgency (especially in the consumer goods and retail industry) to reap the potential supply chain benefits promised by RFID and comply with the plethora of aggressive mandate timelines. This has forced many manufacturers to implement immature technology in a narrow, compliance-focused scope. However, according to the manufacturers interviewed, no substitute exists for hands-on experience and, while the cost of RFID tags was definitely their greatest short-term concern, long-term issues (further defined in the full report) focus on physics, integration and process.
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