From RFID Journal: “â€””What’s good for the planet is good for business,” said Wal-Mart’s CIO, Rollin Ford, who extolled RFID’s potential to improve the environmental health of the world and the financial health of the retail giant and its suppliers, as well as provide benefits to its customers. At Monday’s keynote address at RFID Journal LIVE! 2007, Ford reiterated Wal-Mart’s goal to deploy RFID at another 400 of its stores this year, in addition to the 1,000 already using the technology to track cases and pallets of goods.
In addition, Ford said, Wal-Mart intends to use the technology to help increase all its stores’ efficiency by 20 percent within seven years. “We’re not backing off, or slowing down,” he asserted.
“Over the past year, Wal-Mart has been very public about its focus in sustainability,” Ford told attendees, drawing a connection between greater supply chain efficiencyâ€”resulting from RFID technology useâ€”and sustainability. “Certainly, there are places within the supply chain where inventory becomes inaccurate,” he said. “Using RFID to locate errors, get to root causes and achieve accurate forecasts leads to efficiency, which leads to sustainability.” Review the full article at RFID Journal, Wal-Mart Embraces RFID’s Green Potential