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Article
Unpacking the RFID Investment Decision
Proceedings of the IEEE
  • Byron W Keating, University of Canberra
  • Tim R. Coltman, University of Wollongong
  • Samuel Fosso Wamba, University of Wollongong
  • Valerie Baker, University of Wollongong
RIS ID
33652
Publication Date
1-1-2010
Publication Details

Keating, B. W., Coltman, T. R., Fosso-Wamba, S. & Baker, V. (2010). Unpacking the RFID Investment Decision. Proceedings of the IEEE, 98(9), 1672-1680.

Abstract

Mandates aside, there are many reasons why firms decide to move forward with or delay investment in RFID technology. In this paper we use a theoretically based, easy to implement methodology to empirically derive a relative importance scale of those factors that influence the decision to invest in RFID technology. More specifically, we compare the factors that matter most and least to a sample of firms that have adopted RFID technology with a sample of firms that have yet to embrace RFID technology. The theoretical and practical implications are that both RFID adopters and non adopters are driven by the promise of greater data accuracy, improved information visibility, service quality, process innovation, and track and trace capabilities. What separates the adopters from the non adopters is an opportunity to derive strategic benefits from RFID through improved decision making. Not surprisingly, the non adopting firms are primarily concerned with the high acquisition and other ongoing costs associated with RFID technology.

Citation Information
Byron W Keating, Tim R. Coltman, Samuel Fosso Wamba and Valerie Baker. "Unpacking the RFID Investment Decision" Proceedings of the IEEE Vol. 98 Iss. 9 (2010) p. 1672 - 1680
Available at: http://works.bepress.com/bkeating/2/