Wal-Mart, which earlier this year abruptly announced that it was dropping plans for a trial of consumer-level radio frequency identification (RFID) tags, has detailed its plans for RFID over the next two years, according to this article in the RFID Journal.
Key points regarding the policy announcement:
Quoted in the article: “Wal-Mart is saying to [consumer packaged goods] companies and RFID vendors, here’s the bar; see if you can meet and exceed this,” says Jonathan Loretto, global lead for RFID at Cap Gemini Ernst & Young. “It’s achievable. Whether it’s achievable in the next 12 months, only time will tell.”