Smart Labels USA 2005, billed as the world's definitive RFID smart labels event, will take place June 27-30, 2005 in Baltimore, MD. more
Dennis Bacchetta
Thursday, June 16, 2005
Thursday, June 09, 2005
EPCglobal US Releases New Value Model
As companies consider whether or not to implement RFID technology, ROI is a primary concern.
EPCglobal recently introduced the EPC Value Model to help businesses evaluate potential costs and benefits of implementing RFID or another Electronic Product Code (EPC) system.
The spreadsheet model considers company-specific data such as annual revenue, profit margin, average inventory level, and key areas of concern, to generate an analysis of ROI over time.
The following companies participated in the formulation of the Value Model: CVS, The Gillette Company, Hewlett-Packard, Johnson & Johnson, Kimberly-Clark, Metro (Germany), Wal-Mart and Yuen Foong Yu (Taiwan).
Click here to read the press release.
Dennis Bacchetta
EPCglobal recently introduced the EPC Value Model to help businesses evaluate potential costs and benefits of implementing RFID or another Electronic Product Code (EPC) system.
The spreadsheet model considers company-specific data such as annual revenue, profit margin, average inventory level, and key areas of concern, to generate an analysis of ROI over time.
The following companies participated in the formulation of the Value Model: CVS, The Gillette Company, Hewlett-Packard, Johnson & Johnson, Kimberly-Clark, Metro (Germany), Wal-Mart and Yuen Foong Yu (Taiwan).
Click here to read the press release.
Dennis Bacchetta
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