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Quantifying the Value of RFID and the EPCglobal Architecture Framework in Logistics

by Uckelmann, Dieter.
Authors: SpringerLink (Online service) Physical details: XXIII, 144p. 25 illus. online resource. ISBN: 3642279910 Subject(s): Engineering. | Engineering economy. | Microwaves. | Engineering. | Engineering Economics, Organization, Logistics, Marketing. | Production/Logistics/Supply Chain Management. | e-Commerce/e-business. | Microwaves, RF and Optical Engineering.
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E-Book E-Book AUM Main Library 658.5 (Browse Shelf) Not for loan

Limiting obstacles to success of RFID and the EPCglobal Network in  logistics -- Electronic information sharing in supply networks -- Performance measurement and cost benefit analysis for RFID and Internet of Things implementations in logistics -- Preconditions for creating economic value through market-driven information pricing and billing in B2B scenarios -- Modelling and prototyping an integration of billing mechanisms into the EPCglobal Network Architecture -- Evaluation of the technical billing-enabled Internet of Things framework.

The “EPCglobal Architecture Framework” is currently the most accepted technical approach to the Internet of Things and provides a solid foundation for building Business-to-Business information networks based on unique identifications of ‘things’. Lately, the vision of the Internet of Things has been extended to a more holistic approach that integrates sensors as well as actuators and includes non-business stakeholders. A detailed look at the current state of the art in research concerning cost and benefit estimations is provided and the limits of Cost Benefit Sharing for RFID-based IT-infrastructures are explained. In this work a market driven evaluation based on sales potential of information is developed. Simple technical means for aggregation of micro values to a billable amount are discussed. The requirements for electronic billing infrastructure are defined and a matching e-billing solutions for an evaluation scenario is presented, providing a technical infrastructure to evaluate and bill product-related information in a future Internet of Things, based on an extended EPCglobal Architecture. Further opportunities and threats are discussed to provide an overview of its future potential. As a result it will contribute to the sustainable success of the Internet of Things itself.

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