
Walmart's RFID Initiative
Walmart's RFID initiative involves using Radio Frequency Identification (RFID) technology to improve inventory management. RFID tags are small electronic labels attached to products that emit radio signals. This allows Walmart to automatically track and locate items in real-time, reducing errors, stock shortages, and theft. The system enhances supply chain efficiency by providing accurate, immediate data on product movement from suppliers to shelves. Overall, RFID helps Walmart keep inventory accurate, improve the shopping experience, and reduce costs through better stock control and faster replenishment.