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How soon does RFID pay off?

ocean freight pay RFID Soon
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How soon does RFID pay off?

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A survey conducted by ABI Research revealed that rapid, positive return on investment (ROI) estimates are critical to RFID purchasing decisions. The survey of 185 organizations conducted in mid-2008 reported that 36.7% of RFID end users anticipated a return within the first year. With more than a third of survey respondents expecting an ROI on RFID within a year, other notable findings found that 25 percent indicated 12-18 months, 13.3 percent said 18-24 months, and 6.7 percent felt that ROI should be between 18-24 months. ABI also found that a general lack of clear ROI models and data on real-world results has slowed adoption of RFID technology, particularly in open-loop supply chain environments. Retail dip. Retail container traffic is expected to dip 11.8 percent in the first half of 2009, according to the Port Tracker Report from Global Insight and the National Retail Federation (NRF). The report’s projected volume output for the first six months of the year is 6.6 million TEU (twe

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