<p>In global supply chain management, radio frequency identification RFID has emerged within the last decade and became a superior technology for information storage. However, the technology has not yet been widely accepted or used in comparison to the barcode.</p><p>The underlying interest is to explore RFID technology, to understand the benefits and drawback that this innovation brings. Once functionality and application comprehension is overviewed, specific models such as SWOT analysis, Real Option Theory, Technology Push-Pull model and RFID Implementation stages can be applied to evaluate a firm’s RFID readiness.</p><p>The findings are based on two Swedish case companies Skanska Maskin AB and Datema. Information from the case companies are consolidated and aggregated to analyze and derive the methods used to discover the firm’s ability to adopt RFID. The analysis will discuss the factors involved with the technology and recommendations for future studies are given.</p>

In global supply chain management, radio frequency identification RFID has emerged within the last decade and became a superior technology for information storage. However, the technology has not yet been widely accepted or used in comparison to the barcode. The underlying interest is to explore RFID technology, to understand the benefits and drawback that this innovation brings. Once functionality and application comprehension is overviewed, specific models such as SWOT analysis, Real Option Theory, Technology Push-Pull model and RFID Implementation stages can be applied to evaluate a firm’s RFID readiness. The findings are based on two Swedish case companies Skanska Maskin AB and Datema. Information from the case companies are consolidated and aggregated to analyze and derive the methods used to discover the firm’s ability to adopt RFID. The analysis will discuss the factors involved with the technology and recommendations for future studies are given.