What's Happening?
Walmart is introducing radio-frequency identification (RFID) technology in its fresh food categories through a partnership with Avery Dennison. This initiative aims to address challenges associated with using RFID in high-moisture, cold environments like
refrigerated cases. The technology will help Walmart reduce food waste, ensure product freshness, and improve inventory management. By providing digital use-by dates, the RFID solution allows Walmart employees to better track inventory and manage product rotation.
Why It's Important?
The implementation of RFID technology in fresh food categories is a significant step for Walmart in enhancing its supply chain efficiency and sustainability efforts. By reducing food waste and improving inventory management, Walmart can lower operational costs and contribute to environmental sustainability. This move aligns with the growing industry trend of using technology to improve food traceability and safety. It also supports Walmart's goal of halving its global operational food loss and waste intensity by 2030, showcasing the company's commitment to sustainable practices.
What's Next?
Walmart will continue to roll out the RFID technology across its stores, monitoring its impact on food waste reduction and inventory management. The success of this initiative could lead to further technological innovations in other areas of Walmart's operations. Other retailers may also follow suit, adopting similar technologies to enhance their supply chain efficiencies and sustainability efforts.
