Simon Langford, Director EPC Wal-Mart, urged Australian businesses to start using EPC/RFID technologies to drive supply chain efficiencies and deliver cost savings.
Speaking at the GS1 Australia supply chain conference, Impetus 2008, Langford said that Wal-Mart saw EPC as a transformational technology that would take the company to the next level. Wal-Mart have been using EPC/RFID technology since 2005.
According to Langford, EPC is a replacement for the bar code and allows them to streamline their processes. He said that Australian business should start small, learn from pilots and share their learning with others to accelerate the use of RFID.
He added that since Gen 2 tags were introduced, the cost of tags were reduced. With greater uptake of the technology, it will become cheaper to use which will continue to drive its use.
The use of RFID in Wal-Mart and Sam’s Club stores had delivered:
- Reduced shelf out of stocks
- Faster shelf restocking
- Faster receiving and returns
- Targeted recalls
- Global piracy and counterfeit protection
- Improved decision making