Pre-Recorded Internet Class:
An Introduction To ROI For Auto ID Systems Including Bar Code and RFID

This is a pre-recorded internet-based class that you can view and listen to at any time. The registration fee ($19.00) is being paid by The Distribution Team. Once you register, the link to view the class will remain active for 14 days.

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Description

The purpose of this class is not to teach a course on how to calculate ROI. Rather we are going to show you some ways to find the hidden costs that you are now suffering and then apply those costs to the payback side of your ROI equation. The class includes two worksheets and exercises as “homework” for attendees to complete with their staff.

The class is a precursor to a more involved class that uses a series of 5 worksheets to provide a deeper level of detail about ROI. The two worksheets used in this class will help you understand whether your computer system has a “creditability gap” which may well be the root cause of a lot of other problems. The class will also help to identify the data accuracy problems that many companies have.

This is not about inventory valuation, FIFO, LIFO etc. Its about stock movement and accuracy.

The class will:

• Identify real, yet often overlooked, costs and…
• Put these costs (problems) in perspective

Students who Complete class will be able to:

• Determine a Root Cause of information system problems and
• Understand a simple method to explain what problems are costing

Outline

• Underestimating savings
• Identifying problems
• Symptoms Or Root Cause
• Quantifying Problems (worksheet and exercise)
• The value of Confidence (worksheet and exercise)
• Putting Costs in context

Support Materials

• Problems Worksheet – This worksheet helps identify the kinds of problems that are found in data gathering and information requests that deal with the movement of inventory. (Free with the class)
• Confidence Worksheet – This worksheet helps people to understand if there are problems with the confidence that people have in the information provided by the computer system as it relates to inventory management and control. (Free with the class)

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