RFID firm to provide a Wal-Mart discount
Mar 1, 2006 9:52 AM, from staff and wire reports
A radio frequency identification (RFID) consulting company is about to make a nightmare turn into a dream-come-true for 12 Wal-Mart suppliers.
Almost 70,000 Wal-Mart suppliers have been mandated by the retail giant to use RFID chips so merchandise can be tracked from the time it's loaded at supplier docks to when the customer takes it out the store's door.
The cost for suppliers, according to Forrester Research, can be more than $9 million to set up an RFID tracking system. RFID LTD of Denver CO is offering its Black Box compliance service for just $25,000 to the first 12 suppliers that sign up.
Nicholas Chavez, president of RFID LTD, will personally supervise the 12 implementations of Black Box RFID for Wal-Mart suppliers.
The offer, which began March 1, 2006, is limited to the first 12 Wal-Mart suppliers that apply, accept terms, and are approved for implementation of the Black Box RFID program. To be approved, a supplier must agree to have the multi-day implementation filmed for a documentary and for marketing purposes.
Participants will be announced by April 1. For more information, phone 800-961-6125.
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