EPCglobal US Introduces Value Models for the Chemical, Aerospace and Retail Pharmacy Industries to Quantify Financial Benefits of EPC/RFID.LAWRENCEVILLE, N.J. -- The subhead sub·head n. In both senses also called subheading. 1. The heading or title of a subdivision of a printed subject. 2. A subordinate heading or title. Noun 1. to this release should read: Financial Planning Financial planning Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against Models and Tools Target Key Business Processes in Each Industry; Created Jointly Between Industry Experts, Stanford University Stanford University, at Stanford, Calif.; coeducational; chartered 1885, opened 1891 as Leland Stanford Junior Univ. (still the legal name). The original campus was designed by Frederick Law Olmsted. David Starr Jordan was its first president. , The University of Eindhoven, and EPCglobal US (sted Financial Planning Models and Tools Target Key Business Processes in Each Industry; Created Jointly Between Industry Experts, Stanford University, The University of Einhoven, and EPCglobal US). Also, the first sentence in the second graph should read: These EPC (1) (Entertainment PC) See HTPC. (2) (Electronic Product Code) A standard code for RFID tags administered by EPCglobal Inc. (www.epcglobalinc.org). Value Models were developed in partnership with leading experts from some of the world's foremost companies, students, and professors at the Stanford University Global Supply Chain Forum, and the University of Eindhoven, as well as EPCglobal US (sted These EPC Value Models were developed in partnership with leading experts from some of the world's foremost companies, students, and professors at the Stanford University Global Supply Chain Forum, and the University of Einhoven, as well as EPCglobal US). The corrected release reads: EPCGLOBAL US INTRODUCES VALUE MODELS FOR THE CHEMICAL, AEROSPACE AND RETAIL PHARMACY INDUSTRIES TO QUANTIFY FINANCIAL BENEFITS OF EPC/RFID Financial Planning Models and Tools Target Key Business Processes in Each Industry; Created Jointly between Industry Experts, Stanford University, the University of Eindhoven, and EPCglobal US EPCglobal US, a not-for-profit standards body and a global leader in supporting fast, low-cost, high quality EPC/RFID supply chain implementations, today announced three new industry-specific EPC Value Models for the Chemical, Aerospace and Retail Pharmacy industries. Developed with leading global universities and world-class companies in each industry, these EPC Value Models, along with those introduced last year for the Fast Moving Consumer Goods “CPG” redirects here. For other uses, see CPG (disambiguation). Fast Moving Consumer Goods (FMCG), also known as Consumer Packaged Goods (CPG), are products that have a quick turnover and relatively low cost. and Healthcare industries, help companies and industries determine the financial impact of implementing EPC/RFID in their respective supply chains. These EPC Value Models were developed in partnership with leading experts from some of the world's foremost companies, students, and professors at the Stanford University Global Supply Chain Forum, and the University of Eindhoven, as well as EPCglobal US. These Value Models provide detailed qualitative analysis Qualitative Analysis Securities analysis that uses subjective judgment based on nonquantifiable information, such as management expertise, industry cycles, strength of research and development, and labor relations. of the primary industry specific business drivers for adopting EPC/RFID. They are designed to provide companies with specific projections based on real-world variables they input themselves and include critical research notes, financial modeling tools, and a user guide. "The Chemical, Aerospace and Retail Pharmacy industries are moving quickly toward implementing EPC/RFID, and these Value Models will help them identify where they can obtain the greatest return on their investment," said Mike Meranda, president of EPCglobal US. "Our goal is to drive implementation and adoption of EPC/RFID across multiple industries and these tools will help businesses leaders understand how they can operate their supply chains better, safer, and less expensively." The EPC Value Models and other tools are available to EPCglobal US subscribers. For more information about EPCglobal US and the tools offered for EPC/RFID implementation and adoption, please visit www.EPCglobalUS.org. About EPCglobal US EPCglobal US(TM) is a subsidiary of GS1 US GS1 US is the GS1 Member Organization in the United States of America. Note: GS1 US was formerly the Uniform Code Council, Inc. GS1 US is responsible to manage the GS1 System in the USA. GS1 US assigns GS1 Company Prefixes to companies/organizations in the USA. serving subscribers in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. to help foster the adoption of the EPCglobal Network(R) and related technology. The EPCglobal Network combines Radio Frequency Identification See RFID. (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. ) technology, existing communications network The transmission channels interconnecting all client and server stations as well as all supporting hardware and software. infrastructure, and the Electronic Product Code(TM) (a number for uniquely identifying an item) to enable accurate, cost-efficient visibility of information in the supply chain. The end result helps organizations be more efficient, flexible, and responsive to customer needs. Make plans now to be in Los Angeles October 17 - 19 for the EPCglobal US Conference 2006: "Where Industry Connects." To find out more, please visit: www.EPCglobalUS.org/conference |
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