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If you have any problems with the registration process or your account login, please contact contact us. |  11-07-2003, 04:21 PM | #1 | | Senior Member Join Date: Oct 2003 Location: Sierra Vista, AZ, USA Posts: 264 | Walmart Puts More Money Into Technology to stop thieves.
Though this was pretty interesting: Link: http://zdnet.com.com/2100-1103_2-510...=zdfd.newsfeed Description: Quote: Wal-Mart plans to spend $3 billion over the next several years on a new inventory tracking technology that uses radio-frequency signals to keep tabs on merchandise, sources familiar with the project said.
The system is based on a technology known as radio frequency identification (RFID), a new breed of computer network designed to track the location of everyday objects, such as razors and shoes, by embedding them with special microchips. Wal-Mart has enlisted its top 100 merchandise suppliers to participate in the high-profile project, one of the first and largest of its kind in the retail industry.
| Although it's a good idea, I have a feeling those special chips aren't going to be cheap. Seems like it would raise the prices on alot of things. __________________
-Rob |  |  | | 11-07-2003, 05:44 PM | #2 | | Senior Member Join Date: Oct 2003 Location: New Haven, CT Posts: 409 | WOW! That's going to be some impressive security if everything goes through. I have the same concern about rising prices as Interactive. However, because Walmart is built around their inexpensive prices I think we can expect those not to change too drastically. | | | | | 11-08-2003, 09:28 AM | #3 | | | Now in addition to GPS and Sattellite we have RFIDs also do you know where your socks are at? Oh your wife has them? At the Steel Mill, but she works at the Anthem office downtown... | | | | | 03-08-2007, 11:37 AM | #4 | | Registered User Join Date: Mar 2007 Posts: 40 | I'm sure prices will go up , not much but enough for us to feel the pain. Anytime something happens up the chain, the customers end up paying the price | | | | | 03-08-2007, 08:31 PM | #5 | | Member Join Date: Mar 2007 Posts: 54 | If the technology works the prices should stay stable. A fact of retail is one in four steals or damages merchandise. | | | | | 03-10-2007, 12:04 AM | #6 | | Registered User Join Date: Mar 2007 Posts: 33 | They will probably go up but Wal-mart is so huge it can subsidize it and eat most of it up. I'm just wondering how effective it will be. That's some serious cash to spend on something if it doesn't work really well. | | | | | 03-22-2007, 03:58 PM | #7 | | Registered User Join Date: Mar 2007 Posts: 40 | Exactly, but I'm sure it'll work well. It doesn't take a genius to get a good security system. | | | | | 03-23-2007, 09:22 PM | #8 | | Member Join Date: Mar 2007 Posts: 54 | Security systems are strange thing
Most don't notice them until something goes wrong
For every security inventor there is a security counterpart fiquring how to get around it. | | | | | Thread Tools | | | | Rate This Thread | | |  Posting Rules | You may not post new threads You may not post replies You may not post attachments You may not edit your posts
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