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A model based approach for calculating the process driven business value of RFID investments

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  • Becker, Jörg
  • Vilkov, Lev
  • Weiß, Burkhard
  • Winkelmann, Axel

Abstract

Calculating the process driven value of RFID investments is very difficult. It is important to understand the concrete contribution of an RFID system for the planning and configuration of individual processes, especially among supply chain stakeholders. However, profitability analyses in information system (IS) investments are problematic because they cannot be calculated as an economic standard investment. Hence, we propose a reference model for referential RFID impacts. Our artefact supports the structuring and evaluation of RFID benefits along business processes as we propose indicators for the derivation of an individual RFID cause-and-effect-chain. For evaluation, the model is applied in a Russian automotive project.

Suggested Citation

  • Becker, Jörg & Vilkov, Lev & Weiß, Burkhard & Winkelmann, Axel, 2010. "A model based approach for calculating the process driven business value of RFID investments," International Journal of Production Economics, Elsevier, vol. 127(2), pages 358-371, October.
    • Handle: RePEc:eee:proeco:v:127:y:2010:i:2:p:358-371
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    1. Svetlana Nikolicic & Milorad Kilibarda & Marinko Maslaric & Dejan Mircetic & Sanja Bojic, 2021. "Reducing Food Waste in the Retail Supply Chains by Improving Efficiency of Logistics Operations," Sustainability, MDPI, vol. 13(12), pages 1-24, June.
    2. Piramuthu, Selwyn & Zhou, Wei, 2013. "RFID and perishable inventory management with shelf-space and freshness dependent demand," International Journal of Production Economics, Elsevier, vol. 144(2), pages 635-640.
    3. De Marco, Alberto & Cagliano, Anna C. & Nervo, Mauro L. & Rafele, Carlo, 2012. "Using System Dynamics to assess the impact of RFID technology on retail operations," International Journal of Production Economics, Elsevier, vol. 135(1), pages 333-344.
    4. Ferrer, Geraldo & Heath, Susan K. & Dew, Nicholas, 2011. "An RFID application in large job shop remanufacturing operations," International Journal of Production Economics, Elsevier, vol. 133(2), pages 612-621, October.
    5. Wong, W.K. & Leung, S.Y.S. & Guo, Z.X. & Zeng, X.H. & Mok, P.Y., 2012. "Intelligent product cross-selling system with radio frequency identification technology for retailing," International Journal of Production Economics, Elsevier, vol. 135(1), pages 308-319.

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