RFID's secret path to ROI
Not too long ago, Wal-Mart launched its much-ballyhooed pilot project to use radio frequency identification (RFID) technology to wring further costs out of its vast partner network -- and more significantly, revamp its supply chain methodologies.
Indeed, most analysts believe that RFID will be the bedrock of most supply chains 10 to 20 years from now, with Wal-Mart's early adopter embrace of the technology providing a road map to success -- or as the case may be, a case study in what not to do.
For Wal-Mart, the stakes are high -- but so are the ultimate benefits. As the retail conglomerate continues to expand, it must make its operations as lean and mean as possible.
By Erika Morphy at NewsFactor.
[ Read more ]
- News: HP debuts RFID services (11 May 2004)
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- News: German revolt against RFID (1 March 2004)
- News: Defense Department wants RFID tags on everything but sand (24 October 2003)
- News: RFID ripples through software industry (30 September 2003)
- News: Let's see some ID (18 July 2003)
- News: RFID spy-chippers leak confidential data on the Web (11 July 2003)
- News: RFID chips are here (27 June 2003)
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