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RFID Sourcebook by Sandip Lahiri

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Chapter 8. Creating Business Justification for RFID

Business justification is strongly recommended before rolling out RFID in an enterprise because it enables you to accomplish the following fundamental goals:

  • Provide objective data about the benefits of RFID. Objective data enables you to determine whether to use the technology. Indeed, if RFID shows substantial benefits, objective data might accelerate adoption of RFID in the business. Business justification will also build realistic expectations of the technology.

  • Maximize return on investment (ROI). Through a careful analysis of business cases, you can quantify the benefits and the resources needed to implement an RFID solution. You can select the areas that offer the maximum ROI as the ...

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