CIDX(R) Releases Review of RFID Use in Chemical Industry.White Paper Includes New Business Value Model & Industry Recommendations CHICAGO -- The Chemical Industry Data Exchange (CIDX CIDX Chemical Industry Data Exchange CIDX Combined Immunodeficiency, X-Linked CIDX Canadain International DX Club ), a not-for-profit Not-for-profit An organization established for charitable, humanitarian, or educational purposes that is exempt from some taxes and in which no one in profits or losses. global trade and standards organization A standards organization, also sometimes referred to as a standards body, a standards development organization or SDO (depending on what is being referenced), is any entity whose primary activities are developing, coordinating, promulgating, revising, amending, , issued a new white paper entitled en·ti·tle tr.v. en·ti·tled, en·ti·tling, en·ti·tles 1. To give a name or title to. 2. To furnish with a right or claim to something: "Chem eStandards Initiative - Radio Frequency ID." The newest CIDX RFID (Radio Frequency IDentification) A data collection technology that uses electronic tags for storing data. The tag, also known as an "electronic label," "transponder" or "code plate," is made up of an RFID chip attached to an antenna. white paper includes: * An outline of how CIDX will collaborate with EPCGlobal, an RFID industry trade group focused on RFID technologies and standards, * A Business Value Model for determining return on investment (ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). ) based on common chemical business scenarios, and * A method for providing input and exchanging critical information that will affect ongoing RFID standards development. "RFID technologies can help chemical companies improve visibility into their supply chains and distribution channels," said CIDX Executive Director John Wheeler John Wheeler may refer to:
"To help chemical company CIOs and CFOs evaluate the RFID investment," he continued, "CIDX members have built a value model that assesses RFID opportunities." The paper is free to CIDX members and available for $1,000 to non-members. For a copy of the white paper, visit www.cidx.org. About CIDX CIDX is a global trade association and standards body dedicated to improving and securing electronic connectivity for chemical companies and their trading partners. Chemical industry leaders from around the world including chemical producers, suppliers, marketplaces and industry consultants participate in CIDX and built the Chem eStandards to carry out highly secure transactions with suppliers and customers over the Internet. CIDX uses the trademarks CIDX([R]) and Chem eStandards[R]. CIDX' next General Meeting will be held in Jacksonville, FL November 12-15. Attendance is free to all members. Non-members may attend one meeting at no charge and can register at www.cidx.org. |
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