Wal-Mart quantifies RFID benefits, finally
"Wal-Mart, which has mandated that its suppliers use RFID technology, commissioned the University of Arkansas to conduct a 29-week study to analyze out-of-stock merchandise at 12 pilot stores with RFID and 12 control stores without the technology. The study, which Wal-Mart stressed was independent, found a 16% reduction in out-of-stocks and that out-of-stock items with RFID were replenished three times faster than comparable items using traditional bar codes. Wal-Mart also saw a 10% reduction in manual orders, which mean a reduction of excess inventory." Source: cbronline.com
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