Wal-Mart RFID Requirements to Cost Suppliers
A new report issued by consulting firm A.T. Kearney found that it will cost consumer product companies millions of dollars to comply with Wal-Mart's new RFID requirements. The company announced in June that it expects its top 100 suppliers to use RFID tracking technology by the end of 2004, and the rest of its suppliers to do so in 2005. Wal-Mart is poised to save billions by employing the technology to tag and track its products. Privacy advocates are concerned abou the invasiveness of RFID's, which can track an item's location, among other capabilities.
Wal-Mart Plan Could Cost Suppliers Millions
The New York Times, November 10, 2003.