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RFID Bar Code Implementation and ROI Supply Chain Management Supply Chain Applications and Standards


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InsightU Products:
Narrated Introductions to Technology

 

These are technology introductions, delivered on-line. Currently, they are offered free of charge... the $19.00 registration fee has been paid for by members of the Professional Registry

An Introduction To ROI For Auto ID Systems Including Bar Code and RFID

FREE ($19.00 fee paid for by members of the Professional Registry

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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)

  • 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)

  • Visit the InsightU Bookstore for other related materials.

FREE ($19.00 fee paid for by members of the Professional Registry

Click Here to View Now

 

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