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Information about Hamilton_Presentation

Published on January 9, 2009

Author: aSGuest9822

Source: authorstream.com

Business Strategy and the RFID Challenge : Business Strategy and the RFID Challenge Dr. John Hamilton Consortium for Supply Chain Management Studies Saint Louis University October 20, 2004 Key Discussion Points : Key Discussion Points Strategy Technology Value proposition Transition Strategy : Strategy Forward looking 3 to 5 years Environmental impact WalMart & DOD RFID requirement Provides direction and communicates to stakeholders When effective --- competitive advantage Why Strategy? : Why Strategy? Customer demand Competitiveness Cost impact Seize opportunities Why Strategy? : Why Strategy? Communication to executive management A way to measure progress A plan for the future Minimize the total costs of RFID Technology : Technology Current RFID issues Will not replace bar codes Must co-exist Costs Tags Readers Reliability Tags Readers Technology : Technology Data impact Supplier & customer synchronization How to gain value? Item level, 20 billion Business process impact Do we know the cost or the value? Value Proposition : Value Proposition Tactical versus strategic Short term response, high cost Long term response, lower costs Cost absorption This cycle Value Proposition : Value Proposition Next cycle Competitor & supplier response Future RFID costs will decline Economies of scale The experience curve Implementation and process improvements Value Proposition : Value Proposition Value chain Internal analysis External support How to attain an internal ROI from RFID? An integral part of corporate strategy Slide 11: Support Activities Primary Activities Technological Development Human Resource Management Firm Infrastructure Procurement Inbound Logistics Operations Outbound Logistics Marketing & Sales Service MARGIN MARGIN Value Proposition Value Chain Analysis Identifying Resources and Capabilities That Can Add Value Transition : Transition Customer demand RFID maturity Dual purpose technology System flexibility Strategic value Who will be the winners? How long? Thank You : Thank You Success with partners

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