RFID’s Payback Stretches Beyond 2 Years, Analyst Says
It’s inevitable that people deploying radio-frequency identification systems will see cost increases before savings roll in. Companies have to pay for the new infrastructure, after all. But some companies may not see RFID efficiencies for at least two years, says one analyst firm.
In fact, ARC Advisory Group suggests that delayed returns on investments could end up actually raising costs for retailers that are uninvolved with RFID.
ARC has issued a report that says early adopters of electronic-product-code RFID systems will wait for a return on investment longer than perhaps they’d anticipated. Some companies have deployed RFID because of Wal-Mart Stores Inc.’s tagging mandate. Steve Banker, service director for supply…
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