RFID Progress in Retail to Mid 2007

Wal-Mart continue to roll out RFID, currently in about 1,000 installations, with a further 400 being added in 2007. Their aim is impressive - Rollin Ford, CIO of Wal-Mart, reports that if RFID can resolve 10% of their out of stock problems and inventory inaccuracies it would save the retailer and it’s suppliers about $250 million a year. However, with poor read rates many suppliers have seen no ROI let alone savings above this.