With a staggering $444bn in annual revenue, Walmart has generally been sluggish and conservative, allowing tech innovations to be toyed with by rivals such as Amazon.com. But in the last few months, Walmart has quietly started acting like quite the aggressive start-up.
BI-LO Holding, the Jacksonville, Fla.-based parent company of BI-LO and Winn-Dixie grocery stores, has extended its business relationship with KSS Retail. What began as an assignment with the BI-LO banner has now grown to include price modeling and optimization services for the Winn-Dixie banner.
The traditional uses of RFID for the identification of animals, people and within the automotive sector are continuing to grow and are projected to increase by $2.8bn from 2012 to 2017. However, ABI Research's new RFID Market Tracker found that modernizing RFID applications will grow twice as fast with annual revenues derived from these jumping by $4.5bn in the same timeframe.
The advancement of technology, combined with demand from customers, has continued to fuel interest in radio frequency identification tagging systems. Yet for all the attention paid to RFID, data from APQC's Open Standards Benchmarking in logistics shows a majority of organizations have not adopted an RFID tagging strategy.
The latest news, analysis and trends regarding technology solutions and their impact on supply chain management. New technologies in forecasting and demand planning, supply chain visibility, big data analytics, the internet of things (IoT), cloud and software as a service (SaaS), enterprise resource planning (ERP) and transportation management systems (TMS) and WMS are transforming the way companies do business - and allowing them to stay ahead of the competition in their industries. As these solutions continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies around the world are improving operations through their strategic use of supply chain technology solutions.
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