TESTS BACK WAL-MART'S FAITH IN RFID.(Wal-Mart Stores Inc. to use Radio frequency identification)
HFN: The Weekly Newspaper for the Home Furnishing Network, November, 2005 by Thau, Barbara
Byline: Barbara Thau
BENTONVILLE, Ark.-Wal-Mart is more bullish than ever on radio-frequency identification technology, according to the initial findings of an independent study, which could accelerate RFID's use by other leading retailers.
The study, conducted by the University of Arkansas, found a 16 percent reduction in out-of-stocks in 12 pilot stores with electronic product codes powered by RFID technology, compared with 12 control stores without the technology.
The study also revealed that out-of-stock items with EPCs were replenished three times faster than comparable items using standard bar-code technology. Wal-Mart reduced manual orders dramatically, which, in turn, cut down on excess inventory. RFID-enabled stores were 63...
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