Calculating Return on Investment
Savvy businesses recognize that traceability technology implementation is not a cost—it is an investment. This suite of tools helps seafood companies estimate and thus better plan for traceability implementation, and then evaluate and monitor their ROI from traceability implementation.
Return on Investment Case Study: Through research into nine traceability implementation case studies, our own traceability pilots, and continued dialogue with traceability technology vendors and seafood supply chain companies, Future of Fish has compiled learnings regarding the motivations and drivers behind supply chains adopting traceability systems, and where organizations were seeing benefits—especially, a return on their investment. This document provides high-level results of this research. Coming soon.
Return on Investment Model (Excel download): The Traceability ROI Model is an MS Excel-based model that outlines and quantifies known and anticipated costs and benefits of electronic traceability implementation. The tool can assist seafood companies in assessing feasibility as well as planning for electronic traceability implementation within their organizations.
Guide to Using the ROI Model: This guide provides step-by-step instructions on how to use the ROI modeling tool.