1. State of Washington Considering Restrictions on RFID Technology
SC Digest reports on an effort by a lawmaker from the state of Washington to restrict the use of RFID technology. He has introduced an “Electronic Bill of Rights”,
that would put significant restrictions on the use of RFID in an effort to protect consumer privacy
So what is the scope of this legislation?
The proposed bill would outlaw the collection, storage, and disclosure of information gathered through radio frequency identification technology without notifying consumers. The bill states that all companies using active and passive RFID devices would have to either disable the devices or gain consumer consent.
The measure would prohibit companies from mandating that consumers have RFID tags for service or refunds. It would also prohibit people and companies from scanning or reading the devices to identify consumers without first obtaining consent.
Firstly, I didn’t think that companies really wanted to know how many cans of Coke are in your fridge at this present moment? Assuming ofcourse, they’re able to differentiate that from the number of crushed/used coke Cans that are in your garbage. Such a level of granularity might be quite important for marketing purposes but I would think that its efficacy would decline on an operational level as far as the consumer is concerned. Nevertheless, who knows what an innovator would come up with in order to invade a consumer’s privacy? But isn’t it within the purview of the consumer to punish such a firm by not consuming such a product?
2. Supply Chain Strategy: Home Depot says it’s Ready for Supply Chain Transformation
SC Digest reports on a new initiative by Home Depot with regards to its supply chain.
In the face of slowing sales growth and a slumping stock price, home improvement retailer Home Depot plans to increase investment in logistics infrastructure by $900 million, with a big focus on inventory management and improved central distribution.
The comments came from Home Depot execs at the company’s annual meeting for financial analysts.
The moves clearly reflect in part the impact of Home Depot’s VP of Supply Chain Mark Holifield, who came to the post after a similar and well-respected stint at Office Depot.
Hey, I’m all for supply chain improvements but this is a joke. Just look at the news item itself. In the face of slowing sales growth and a slumping stock price, what does Home Depot plan to do? Improve its supply chain? What is wrong with this firm?
Anecdotally, Home Depot’s sales growth is slowing because Home Depot sucks at selling. Is sales growth slowing because of the lack of the proposed solution below:
improved inventory management, implement a system that will provide better visibility and control over products delivered to the home, improve visibility of product flow from suppliers all the way to the store shelf, and cut order-to-delivery lead times, and improve inbound distribution.
What is Home Depot smoking? And on the same note, what is Lowes doing right?
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