In June 2003, Wal-Mart made the announcement that everyone in the retail world was expecting to hear: by January 1, 2005, Radio Frequency IDentification (RFID) technology will be a requirement for doing business with the world's largest retailer. In this single statement, all the rumors were put to rest. So how are things different now that RFID has moved from concept to reality? Wal-Mart's announcement serves as a catalyst for something to happen. While the store may be rolling out this initiative to its top 100 suppliers in the US initially, one can bet their bottom dollar that suppliers outside this core 100 will need to become compliant shortly afterward, including companies supplying goods to Wal-Mart's overseas subsidiaries.
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