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Essay / Research Paper Abstract
A 3 page paper that reports Wal-Mart's 2003 decision to have its largest suppliers adopt RFID technology. Examples are provided of companies who complied. The essay discusses Wal-Mart's own delay in equipping stores. The benefits of this technology are also discussed. Bibliography lists 4 sources.
Page Count:
3 pages (~225 words per page)
File: MM12_PGwlrf08.RTF
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Unformatted sample text from the term paper:
to be tagged with this electronic tracking technology. While the program has not worked out exactly as Wal-Mart intended, the mandate actually demonstrates how future-looking Wal-Mart is. The problem was
that the mandate was made before the RFID technology was really ready to be implemented on such a large scale. At the time, there werent enough true RFID expert companies
in the field (Gaudin, 2008). The RFID industry was in its infancy so there were no standards for the technology and compounding that issue was the cost, it was expensive
for a company to purchase the equipment and supplies needed to adopt RFID (Gaudin, 2008). RFID technology uses radio waves that can identify objects or even people. The most common
RFID method is storing a serial number on a tiny microchip that is attached to an antenna (The Microsoft Corporation, 2005). The microchip can hold a great deal of information
about the item (The Microsoft Corporation, 2005). When the tag approaches the electronic reader, a signal is activated that reads and records the microchip (The Microsoft Corporation, 2005). The items
are automatically registered in a log at each point in the supply chain (The Microsoft Corporation, 2005). The information from the microchip is also automatically entered into the appropriate sections
in the companys business management software (The Microsoft Corporation, 2005). Thus, RFID can track an item from its origination point all the way to the inventory shelf and it does
so automatically, saving hours and hours of labor and reducing errors. There was another wrinkle in the mandate and plans. Wal-Mart itself had not equipped all its distribution locations or
its stores with the technology. By 2007, only 1,300 of the companys 3,600 stores were using some RFID technology (Gaudin, 2008). Most of the 1,300 were in full implementation but
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