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BusinessWorks Inc - A Dotcom in making

This blog is intended to stir your entrepreneurial spirit and get going with your own business. It tries to capture day-to-day issues related with a upcoming startup business. If you follow this blog long enough, it may take you from Concept to Wall Street. I invite you to submit your ideas and comments.

"BusinessWorks Blog is a must read for any would-be entrepreneur unaware of the painstaking process of building a business" - FORBES Best of Web

The Power of BusinessWorks is in the way it uses the blog format as an integral part of a process, to solve a business problem. - Small Business Trends PowerBlog Review

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Vendor Analysis

Monday, January 17, 2005
I have presented three vendor profiles so far. Next I will compare them and then select one as a primary vendor and other two as backups.

FeaturesVendor OneVendor TwoVendor Three
RFID Sales (Annual)$2,200 million$1,500 million$50 million
Tag Volume (Annual)200 million150 million10 million
Transponders125/134.2 kHz, 13.56 MHz and UHF433.92 MHz433.92 MHz
Readers Range450 feet250 feet250 feet
TermsCredit until project implementation120 days or Project implementationCredit until project implementation
ContractLong TermCase-to-CaseLong Term

My choice is Vendor Three as a Primary Vendor, Vendor Two as first backup and Vendor One as second backup. Vendor Three, although much smaller in size compared to other two is willing to accommodate all the changes which we may require in the course of implementation. Other two, though reliable, may not be willing to modify their products to suit our requirements.

Due to other commitments, I will be posting twice a week on this blog.
1/17/2005 10:01:00 PM :: ::


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