from today's Arkansas Business newsflash
Wal-Mart to Expand RFID to 400 Stores
By Andrew Jensen - 5/2/2007
"Wal-Mart Stores Inc. of Bentonville on Monday announced an expansion of its RFID, or radio frequency identification, capability to 400 stores by the end of the fiscal year.
In a speech to the RFID Journal Live conference in Orlando, Fla., Wal-Mart executive vice president and CIO Rollin Ford said the program will have benefits to customers and suppliers.
Ford said benefits include a 30 percent reduction of out-of-stocks, reduction of excess inventory in the supply chain and sustainability impacts.
He said future benefits could include better grocery freshness; software, CD and DVD authentication; and 30-second store checkouts."
for complete article see: http://arkansasbusiness.com/article.aspx?lID=81&sID=82&ms=83&cID=Z&aID=97994.44192.110120
Wednesday, May 2, 2007
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