What problem might occur with the full implementation of RFID) technology in retail industries? Specifically, consider the
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Wal-Mart Stores, Inc., the world’s number 1 retailer, has more than 6,700 stores, including discount stores, Supercenters, Sam’s Clubs, Neighborhood. Markets, and nearly 2,800 international units. With fiscal 2007 sales of $345 billion, Wal-Mart is able to exert tremendous pressure on its suppliers. So when Wal-Mart announced in April 2004 that it was beginning a pilot program to test radio frequency identification (RFID) technology to improve its inventory and supply chain management suppliers and competitors alike sat up and took notice.
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Related Book For
Principles of managerial finance
ISBN: 978-0132479547
12th edition
Authors: Lawrence J Gitman, Chad J Zutter
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