The costs behind Wal-Mart's RFID plan

11/10/2003 | · (U.K.)

Wal-Mart may spend up to $3 billion on its plan to have all suppliers use RFID technology by 2005 but could save billions in other areas. A report from A.T. Kearney says RFID could decrease Wal-Mart's inventory management costs by 7.5% and boost sales by avoiding sold-out items, while it could cost each store about $100,000 to read the data and cost product suppliers millions.

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