Helping Get Unstuck & Strike a Value Chord

A platform to share and reflect on my journey across the worlds of management, innovation, and social impact. Here, you'll find a collection of my management thoughts, highlights from my books, research contributions, and presentations, all rooted in years of academic and practical experience. Whether you're a student, practitioner, policymaker, or fellow thinker, this space is designed to provoke thought, encourage dialogue, and contribute meaningfully to both academic and applied conversations in business and beyond.

RFID Adoption

 

  1. In the summer of 2003, Wal-Mart first made public its decision to require its suppliers to deliver cases and pallets equipped with RFID tags by January 2006.
  2. In 2003 EPCglobal, the not-for-profit standards organization dedicated to driving global adoption of the electronic product code (EPC) for supply chain excellence, assumed responsibility to lead efforts to commercialize RFID globally and thereby reduce the risks and costs of implementation.
  3. In recent times, the momentum towards RFID’s widespread adoption has however stalled. Firms are adopting RFID in areas where individual companies can gain its benefits without relying on industrywide adoption.
  4. ABI research recently reduced its 2007 market forecast for RFID software and service revenue to $3.1 billion, a downward adjustment of approximately 15% for ABI’s previous estimates. The revised estimate is driven by factors such as: market consolidation, collaborative solutions, the growing availability of off-the-shelf commercial RFID software packages, and greater knowledge in RFID project planning.
  5. Firms are also moving away from considering RFID as a replacement for bar code. It appears that for structured processes, bar code is a better alternative than RFID.
  6. The recent years have also seen some favorable developments in the RFID arena. EPCglobal has achieved remarkable progress in the area of RFID standard development by ensuring that the UHF Generation 2 (Gen 2) air interface protocol be incorporated into the ISO/IEC 18000-6.
  7. EPCglobal has declared 2007 as the year of “Seamless Commerce” during which, EPCglobal leaders plan to address the technical and process opportunities and challenges of multiple companies collaborating through RFID.

 Source: “A necessary foundation: Company leaders search for
their own RFID benefits,” by Marty Weil, APICS Magazine, February 2007, 34-37