RFID Adoption Rate Increasing ...

RFID adoption rate is increasing according to new study sponsored by NCR. ...

... "According to the survey RFID: How Far, How Fast? sponsored by NCR Corporation and conducted by Retail Systems Alert Group, the adoption rate of RFID is moving at a modest pace. Many challenges, both technical and cultural, continue to impede the growth of RFID. However, there is reason to believe that growth may be on the way. Highlights of the survey include:

Retailers are lagging far behind manufacturers in adopting RFID. Only 9 percent of retailers who responded to the survey have an RFID-implementation timeline, and the majority of retailers who responded positively estimated their organization's overall revenue to increase to $5 billion or more; 44 percent of manufacturers have developed a timeline. Although fewer retailers reported a timeline for implementation, those retailers that have a timeline reported that they are spending more than in 2005, according to survey results.

According to the survey results, manufacturers are focusing their attention on one to 50 product lines, rather than across a broader range of product lines as was reported in the 2005 survey results. Among those companies that have a timeline for RFID adoption, most respondents (both retailers and manufacturers) report that they have pilot distribution centers up and running. " ...

RFID Adoption Rate Increasing: Via NCR: Adoption Rate of RFID is Moving at Modest Pace, But There is Reason to Believe Growth May Be on the Way, According to New Study