Wal-Mart which had been all along pushing RFID has seen an impressive performance 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.