Implementation and Implication of the Information Systems Based on Radio Frequency Identification Devices in Retail Industry

摘要

The major retail companies have been gaining competitive advantage with innovation and emerging technologies in areas such as data mining and inventory management. Recently, companies such as Wal-Mart are leading the way to mandate suppliers to use Radio Frequency Identification Devices (RFID) on their products. The use of the RFID in the retail industry has excited many business managers, but also bring in some concerns. Is the introduction of RFID in retail industry ahead of its time and moving too fast on trying to make the retailers more efficient? Are most of the retailers going to be able to adopt the RFID technology? Will the privacy issues be a concern for the consumer? This paper will address the above issues.