Whole Network contest Market Size RFID Basics RFID Employment Tags and Reader...

 

RFID Performance Exceeds Wal-Mart's Expectations

Filed in archive Companies by gautam on May 18, 2006

RFID Performance Exceeds Wal-Mart's Expectations
Wal-Mart which had been all along pushing RFID has seen an impressive performancelinks delivered by this technology. It has exceeded the expectation of the company in minimizing out of stocks. Wal-Mart has seen a thirty percent reduction in its out of stocks on average and in the case of items which sell at a rate of six to fifteen units a day, the company has seen a reduction in out of stocks by a whopping 62%.

Wal-Mart has also been experiencing better read rates from Gen 2 technology as compared to Gen 1 technology. Wal-Mart already has plans to boost the number of RFID enabled stores to one thousand by the end of 2007.

This is certainly an encouraging statistics and it would definitely boost the adoption of this technology at a faster pace. I believe that these figures would encourage other companies to come forward and support RFID as strongly as Wal-Mart is doing.






Permalink: RFID Performance Exceeds Wal-Mart's Expectations
Tags: Walmart  RFID  rfid  mart  technology  rfid+performance  exceeds+mart  mart+expectations 

Trackback: http://www.creative-weblogging.com/cgi-bin/mt-tb.pl/22279





RSSrss   | See all blog subscribe options
Google google   |   What is RSS?
Yahoo! yahoo
Addthis Subscribe using any feed reader!
Bloglines Bloglines
Newsletter
Grouptivity

Use the search to look for other interesting posts



 
  • Advertise with us

  • Learn more about our advertising options or email advertising - at - creative-weblogging.com or give us a call at +1 (650) 331 4900.




  • Other blogs in the same channel in the Creative Weblogging Network







 

Tagcloud: Case Studies Companies Contactless Payment Systems contest EPC Standards Healthcare Implementation Interviews Libraries Market Size Near Field Communication Patents Privacy and Security Report Retail RFID Basics RFID Employment Software Applications Special Events Sponsored Posts Sports Stocks Supply Chain Tags and Readers Ubiquitous Computing Wireless