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Wal-Mart Stores gets better with RFID

04
May '07
Wal-Mart Stores Inc continues to expand its RFID capability to additional facilities, enabling an additional 400 Wal-Mart stores by the end of this fiscal year, Wal-Mart Executive Vice President and CIO Rollin Ford said in a speech.

At the RFID Journal Live conference in Orlando, Fla, Ford also discussed the technology's current and future benefits to both business and consumers including broad benefits for improving sustainability.

“Through RFID technology, Wal-Mart is providing value to customers, working with our suppliers to deliver collaborative benefits that allow people to save money and lead better lives,” Ford said. “We have only gotten started, and we are continuing to rollout to more stores at the same rate as the last two years.”

Ford's speech at the RFID Journal Live conference was a keynote at what is described as the largest end-user RFID conference, attracting more than 2,500 attendees in 2006.

He said current benefits include a 30 percent reduction of out-of-stocks, reduction of excess inventory in the supply chain, and sustainability impacts.

Ford also outlined advancements including pallet locators now being used at Sam's Club locations increasing inventory accuracy and reduced member waiting time as well as future benefits in pharmacy accuracy, grocery freshness, software, CD and DVD authentication, and 30-second store checkouts.

“Our focus on using RFID to improve in-stocks for our customers means eliminating extra trips they may make to our store, or to others,” he said. “On a daily basis, more than 24 million people shop our stores."


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