I have been reading a book 'The world is Flat' by Milton Friedman. One of the chapters dedicated to the efficiency of the global supply chains points to the fact that a number of the corporations that are nimble in this field are aptly using the RFID technology to keep above their competitors.
It all comes with no surprise that he cites Walmart as one of the companies that are leveraging on the RFID technology, to keep the shelves appropriately stalked, manage the data generated from the stalk turnover, and to cordinate with their suppliers accross the globe. This has made them a formidable force in the US retail industry. He however points out that the adoption to RFID technology is still low due to the prohibitive costs associated with it. This is giving the bar codes and and their readers a lease of life as the world moves briskly towards the use of RFID technology, albeit with some resistance.
No comments:
Post a Comment