RFID technology is, according to both industry and academia, one of the most promising new technologies for improving logistics and manufacturing excellence this decade. This research provides a structured approach for identifying benefits from RFID-implementation, which would be useful for the many manufacturing companies that are still in the phase of considering employing this technology. Based on action research in two Norwegian pilot implementation projects, a framework has been developed for foreseeing, sorting, and capturing the effects of introducing RFID in goods manufacturing value chains. Effects are described in several general performance objective areas, such as cost, time, quality and environment, rather than being calculated in terms of money solely. The key is to systematically highlight possible affected performance areas and the consequences these effects have on each other and on different parts of the value chain.