A novel approach for economic-justification of RFID technology in courier sector: A real-life case study

Öztayşi B., BAYSAN S., DURSUN P.

1st International RFID Eurasia Conference, İstanbul, Turkey, 5 - 06 September 2007, pp.327-329 identifier identifier

  • Publication Type: Conference Paper / Full Text
  • Doi Number: 10.1109/rfideurasia.2007.4368147
  • City: İstanbul
  • Country: Turkey
  • Page Numbers: pp.327-329
  • Istanbul Technical University Affiliated: Yes


Radio frequency identification (RFID) applications on the courier sector have been the subject of researches and advantages of them are widely explained. But, still, it is clearly observed that a consistent, accurate and easy to use approach for economic justification of RFID tags is not yet been studied. In this paper we proposed a framework for economic analysis and comparison of alternative scenarios. The proposed framework is based on Time-Driven Activity based costing (TD-ABC) supported by inventory costing and simulation techniques. The proposed framework, can be used for investment analysis and comparisons between potential systems