Tagged: cost RSS

  • Tao Wang 19:30 on July 27, 2010 Permalink | Reply
    Tags: cost,   

    RFID item-level tag @ retail 

    The retail giant Wal-Mart will place radio-frequency identification (RFID) tags on underwear, jeans and other consumer items to keep better track of its inventory from next month.

    Wal-Mart will be embed RFID tag in the items you buy at the store which previously used on pallets carrying products. Store workers can quickly check the stock of an item on a shelf by scanning the tag with a handheld reader. In addition to managing inventory, Wal-Mart hopes that the tags will help avoid employee theft by allowing the store to track the clothing throughout the store.

    RFID item-level tagging helps retailers realize greater overall productivity, and makes to retail operations with inventory accuracy increasing up to 99percent, compared with 70percent to 80percent. Apart from the large retailer like Wal-Mart, some small and medium size retailers have begun to try to introduce RFID system in their store.Florida shoe retailer Peltz Shoes as an example, has saved approximately 1,500 man-hours in the past year by applying a passive GPC Gen2 RFID tags to every box containing a pair of shoes at each of its four stores, and by employing an RFID-enabled cart to manage its inventory.

     
  • Tao Wang 04:55 on June 4, 2010 Permalink | Reply
    Tags: cost,   

    High cost will limit the popularize of RFID application 

    RFID tags usage has reached 200 million in total around the world. The most common application is based on retail logistics project by Wal-Mart, Metro and other big retailers. Turning to China, there are thousands of RFID application projects currently being carried out, but except few government lead projects, the demand for RFID tags for most of those project can only reach few thousand pieces in average.

    The reason for this is mainly due to the expensive RFID tag cost. Under normal circumstances in China, the RFID tag cost more than two US Dollars is for the usage of military, biotechnology and medical care; RFID tag cost below one US Dollar is mainly used in transportation, warehousing, packaging and so on. Higher cost is the big factor which RFID application has not use in a wider range. The small and medium size enterprises can not afford lose of profits, even they fully understand all the advantages of RFID application.

     
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