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Retailers see 2005 as year of RFID

Arif Mohamed
Leading retailers will gather at a major radio frequency identification conference in London this week to debate how they can maximise return on investment from the tagging technology.

Among the speakers sharing details of their RFID strategies will be representatives from Tesco, Metro Group and Boeing.

Companies such as Tesco are expecting to cut costs by using RFID technology to track goods along their supply chain, in an effort to make it more efficient.

Nigel Montgomery, director of European research at analyst firm AMR, who will chair the RFID ROI Summit, said, "2005 is going to see a fundamental change in RFID adoption."

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