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Free
Narrated Online Introductions to Technology
An
Introduction To ROI For Auto ID Systems Including Bar Code and RFID
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Class
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 work sheets and exercises as “homework” for
attendees to complete with their staff.
The
class is a pre curser 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
Class
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)
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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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Visit
the InsightU Bookstore for other related
materials.
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