It’s fair to say that “Peak RFID” in supply chain occurred just after 2005, the year that retail giant Wal-Mart began requiring its suppliers to have the tags on inbound shipments. Since then the technology has not proved to be the hoped-for inventory-control panacea. Emily Atkins looks at the promise and perils of RFID over the past 10+ years.
Wal-Mart is paying US$3 billion in cash and another $300 million in stock
Technology to help it manage its warehouse inventory more efficiently
Could push other big retailers to follow suit
Demand expected to grow by about 10 percent
Rick Blasgen kicks off the show with an industry review