Radio Frequency ID (RFID): Business Drivers, Business Case Analysis and Business Plan

Mind Commerce LLC, August 2011, Pages: 182

For many organizations, efficiency, ROI, manageability and performance is primarily dependent on the information retrieval process and the tracking of its products. Although many corporate giants have already implemented RFID Systems, RFID faces some challenges in terms of wide spread adoption. Business process automation provides a series of benefits including reduction of costs related to maintenance and device downtime, increasing incomes through innovative product servicing, and improving customer service through proactive monitoring.

Radio Frequency ID (RFID): Business Drivers, Business Case Analysis and Business Plan provides a everything needed to plan for a business involving RFID including an understanding of the technology, business issues and challenges, business drivers for deployment, business case analysis, and a working business plan. Those seeking assistance formulating their own RFID business plan will find this publication invaluable as it identifies key areas necessary for business planning as well as investor pitch for fund raising purposes.

Audience:

- Personnel responsible for automating Supply Chain Management (SCM), Customer Relationship Management (CRM), Manufacturing Resource Planning (MRP), Enterprise Resource Planning (ERP), Inventory Tracking, Fleet Management, Yard/Dock Management and other business processes

- Healthcare management personnel responsible for tracking patients, staff personnel, equipment, inventory, and other critical resources

- Retailers and personnel responsible for merchandise inventory and ordering processes, Customer Relationship Management (CRM), Merchandise tracking and fraud prevention

- Companies interested in optimizing their RFID business process strategies for Tracking and Telemetry with a special focus on large scale tracking.

- Venture capitalist and startup companies developing a business plan and/or in need of business plan validation for investor pitch and general budgeting and fund raising purposes

Keywords: RFID, Radio Frequency ID, RFID Solutions, RFID Companies, RFID Products, RFID Services, RFID Business Case, RFID Business Plan, RFID Business Planning, RFID Startup, RFID Business Drivers, RFID Analysis

INTRODUCTION

SECTION-I: RFID OVERVIEW

READERS
PASSIVE RFID TAGS
SAW RFID TAGS
SEMI PASSIVE RFID TAGS
ACTIVE RFID TAGS
FREQUENCIES
READ/WRITE OPERATIONS
ANALYSIS OF PASSIVE VS. ACTIVE RFID SYSTEMS
ADVANTAGES OF PASSIVE RFID
DISADVANTAGES OF PASSIVE RFID
ADVANTAGES OF ACTIVE RFID
DISADVANTAGES OF ACTIVE RFID

SECTION II: RFID STANDARDS

STANDARDIZATION ORGANIZATIONS AND PROCESSES
BASIC ORGANIZATIONS
STANDARD DEVELOPMENT ORGANIZATIONS
COMMERCIAL ORGANIZATION
STANDARDIZATION BUSINESS MODELS
STANDARDIZATION OF THE RADIO FREQUENCY SPECTRUM
LOW FREQUENCY BAND
SHORT WAVE BAND
HIGH FREQUENCY BAND
UHF BAND
MICROWAVE FREQUENCY BAND 2.45 GHZ
RADAR& HIPERLAN FREQUENCY BAND
STANDARDS AND INTER-OPERABILITY ISSUES

SECTION-III: RFID COMPANIES WORLDWIDE

RFID COMPANIES IN EUROPE
RFID COMPANIES IN ASIA/ASIA PACIFIC
RFID COMPANIES IN THE UNITED STATES OF AMERICA

SECTION - IV: RFID CASE STUDIES

U.S. NAVAL AIR SYSTEMS COMMAND
UNITED STATES NAVY REGIONAL SUPPLY OFFICE
ST. OLAVS HOSPITAL, NORWAY
HEINZ PROJECT - US
MOBILE MANAGEMENT & MAINTENANCE IN FRANKFURT
DAT AUTOHUS CAR COMPANY PROJECT
PERSONNEL TRACKING SYSTEM IN SWITZERLAND
E-TICKETING SYSTEM
COMPONENT MONITORING AND TRACKING PROJECT
TELECOM PRODUCT TRACKING SYSTEM

SECTION-V - EMERGING RFID APPLICATIONS

COMPARISON OF VARIOUS ACCESS CONTROL METHODS
PREVALENT APPLICATION TYPES
ITEM TRACKING AND TRACING
INVENTORY MONITORING AND CONTROL
ASSET MONITORING AND MANAGEMENT
EMERGING APPLICATION TYPES
ANTI-COUNTERFEIT
MEMBER APPLICATIONS
DRUG ANTI-COUNTERFEIT
BENEFITS
RFID ON HUMANS
RFID IN SUPER MARKETS: SMART SHELF
STRATEGIC DIMENSIONS OF COMMERCIAL MANDATES
GOVERNMENT MANDATES AND STRATEGIES

SECTION VI -RFID SOLUTION ANALYSIS

RFID BASED VEHICLE IMMOBILIZATION
MANUFACTURING PROCESSES
PRODUCT DEVELOPMENT
RFID BASED TRACKING IN HEALTHCARE
RFID BASED WRISTSTRAPS
RFID BASED TRACKING SYSTEM FOR HOSPITALS
PATIENT MANAGEMENT AND MONITORING SYSTEM
RFID IN PROCESS MANUFACTURING
INBOUND RAW MATERIALS
PRODUCTION PROCESS
WAREHOUSE MANAGEMENT
RFID IN MARINE OPERATION
MULTI TERMINAL TRACKING OPERATION
RFID IN DEFENCE
LOGISTICS AND INVENTORY MONITORING
HOMELAND SECURITY
FIELD COMBAT
RFID IN MILITARY TRAINING APPLICATIONS
FRIENDLY TROOP IDENTIFICATION
RFID IN PAYMENT TRANSACTIONS
ADVANTAGES
SAFETY AND SECURE ATM TRANSACTIONS
DIGITAL MONEY
DRAWBACKS TO THE CURRENT APPROACH
SECURITY ISSUES
RFID IN TRANSPORTATION
AUTOMATIC VEHICLE IDENTI?CATION
ELECTRONIC TOLL COLLECTION
ELECTRONIC VEHICLE REGISTRATION
FLEET MANAGEMENT

SECTION-VII: BUSINESS DRIVERS FOR RFID

THE TWO TYPES OF ROI
QUANTIFYING RETURN ON INVESTMENT WITH FINANCIALS
COST OF INVESTMENT
BREAKDOWN OF COST OF INSTALLING RFID SYSTEM (ROI QUANTIFICATION)
SAVINGS AND REDUCED COSTS OF LABOR
PAYBACK PERIOD
RETURN ON ASSETS
WAYS TO A FASTER SUCCESS ON RETURNS
THE ULTIMATE GOAL FOR THE FUTURE

SECTION-VIII: RFID BUSINESS PLAN

RFID Business Plan

1. Company Description
1.1 The Objective
1.2 Keys to Success
1.3 Current Status of the Company
1.3.1 Shareholding Pattern of the Company
1.3.2 Current Financial Status of the Company
1.3.3 Current Development and Engagement Status of "THE DEMO COMPANY"

2. The Leadership Team

3. "THE DEMO COMPANY"'s Domain of Operation

4. "THE DEMO COMPANY"'s Offerings
4.1 "THE DEMO COMPANY" Devices
4.2 "THE DEMO COMPANY" Solutions
4.3 Future Product

5. Market Analysis

6. Competitive Analysis

7. Operational Plan
7.1 Location
7.2 Equipments and Devices
7.3 Proposed Team Structure
7.4 Product Development Plan

8. Marketing and Sales Strategies
8.1 Target Market Segment
8.2 Pricing Strategy
8.3 Sales Forecast

9. Financial Plans and Projections
9.1 Important Assumptions
9.2 Sales Plan
9.3 Expenditure Plan
9.4 Projected Monthly Cash Budget for Three Years

Appendix: Company Financials

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