Panic over RFID subsides
When Wal-Mart threw down the gauntlet and mandated that its top 100 suppliers comply with new RFID (Radio Frequency Identification) requirements for shipping product by January 2005, a wave of panic rippled through the pool of small- and mid-sized consumer products manufacturers dealing with the retailer in the U.S. The huge capital outlay involved in setting up a complete RFID system - as much as US$13 million to US$23 million - layered on top of shrinking retail margins and rising oil costs seemed a bit much to bear.
September 1, 2005
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