Stories by Vlad Krotov

Thinking outside the supply chain

Wal-Mart and other large retailers have been a major driving force behind radio frequency identification (RFID) adoption, causing it to be viewed merely as a more effective alternative to bar codes where it saves billions through reduced labor costs, out-of-stock expenses, theft, warehouse management costs and inventory levels. However, improvement in supply chain identification may only be the tip of the RFID iceberg--billions of dollars in the form of new business opportunities may lie beneath the waterline.
For example, the Advanced Research Projects Agency Network (ARPANET), the predecessor of Internet, was conceived with a modest goal of improving communication between computers. Who could have guessed back in the 1960s that ARPANET would lay the foundation for today's US$140 billion e-commerce industry?

Written by Vlad Krotov26 Jan. 08 22:00