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Walmart Cracks The Code - RFID Fresh Food Revolution | Fast Five Shorts · Omni Talk Retail

• 0:00
  Walmart
• 0:00
  and
• 0:00
  Avery
• 0:01
  Denison
• 0:01
  have
• 0:01
  formed
• 0:01
  a
• 0:02
  new
• 0:02
  RFID
• 0:02
  partnership
• 0:03
  to
• 0:03
  provide
• 0:03
  visibility
• 0:04
  across
• 0:05
  fresh
• 0:05
  groceries.
• 0:06
  According
• 0:06
  to
• 0:07
  Progressive
• 0:07
  grocer,
• 0:07
  Avery
• 0:08
  Denison
• 0:08
  has
• 0:08
  developed
• 0:09
  breakthrough
• 0:09
  RFID
• 0:10
  sensor
• 0:11
  technology
• 0:11
  capable
• 0:12
  of
• 0:12
  functioning
• 0:12
  in
• 0:13
  high
• 0:13
  moisture
• 0:14
  cold
• 0:14
  environments
• 0:15
  such
• 0:15
  as
• 0:16
  meat
• 0:16
  cases.
• 0:17
  An
• 0:17
  innovation
• 0:18
  that
• 0:18
  was
• 0:18
  long
• 0:18
  considered
• 0:19
  impossible.
• 0:20
  Avery
• 0:21
  Denison's
• 0:21
  intelligent
• 0:22
  labeling
• 0:22
  solution
• 0:23
  is
• 0:23
  being
• 0:23
  used
• 0:23
  across
• 0:24
  Walmart's
• 0:24
  meat,
• 0:24
  deli
• 0:25
  and
• 0:25
  bakery
• 0:25
  departments,
• 0:26
  giving
• 0:27
  every
• 0:27
  item
• 0:27
  its
• 0:28
  own
• 0:28
  digital
• 0:28
  identity
• 0:29
  for
• 0:29
  real
• 0:30
  time
• 0:30
  freshness
• 0:31
  and
• 0:31
  expiration
• 0:32
  data.
• 0:32
  The
• 0:33
  partnership
• 0:33
  represents
• 0:34
  a
• 0:34
  potential
• 0:34
  step
• 0:35
  change
• 0:35
  in
• 0:35
  how
• 0:35
  retailers
• 0:36
  can
• 0:36
  balance
• 0:36
  freshness,
• 0:37
  sustainability
• 0:37
  and
• 0:38
  labor
• 0:38
  efficiency
• 0:39
  issues
• 0:39
  that
• 0:40
  have
• 0:40
  become
• 0:40
  mission
• 0:41
  critical
• 0:41
  across
• 0:41
  the
• 0:42
  food
• 0:42
  retail
• 0:42
  landscape.
• 0:43
  Chris,
• 0:44
  this
• 0:44
  is
• 0:44
  Also
• 0:44
  A&M's
• 0:45
  put
• 0:45
  you
• 0:45
  on
• 0:46
  the
• 0:46
  spot
• 0:46
  question.
• 0:48
  Yes,
• 0:49
  A
• 0:49
  and
• 0:49
  M
• 0:49
  would
• 0:50
  like
• 0:50
  to
• 0:50
  know.
• 0:51
  Anytime
• 0:52
  a
• 0:52
  new
• 0:52
  to
• 0:53
  market
• 0:53
  technology
• 0:53
  is
• 0:54
  dubbed
• 0:54
  as
• 0:55
  long
• 0:55
  considered
• 0:56
  impossible,
• 0:57
  you
• 0:57
  tend
• 0:57
  to
• 0:57
  take
• 0:58
  notice.
• 0:59
  Well
• 0:59
  said,
• 0:59
  guys.
• 0:59
  Well,
• 1:00
  yeah,
• 1:01
  here
• 1:01
  it
• 1:01
  feels
• 1:01
  like
• 1:01
  the
• 1:02
  first
• 1:02
  domino
• 1:02
  to
• 1:03
  drop
• 1:03
  with
• 1:03
  many
• 1:03
  downstream
• 1:04
  benefits
• 1:04
  to
• 1:04
  retailers
• 1:05
  to
• 1:05
  come.
• 1:06
  If
• 1:06
  you
• 1:06
  agree
• 1:07
  with
• 1:07
  that
• 1:07
  sentiment,
• 1:08
  what
• 1:08
  dominoes
• 1:09
  can
• 1:09
  Avery
• 1:09
  Denison
• 1:09
  and
• 1:10
  Walmart
• 1:10
  topple
• 1:10
  next
• 1:11
  with
• 1:11
  this
• 1:11
  unique
• 1:11
  RFID
• 1:12
  solution?
• 1:15
  Wow.
• 1:15
  Interesting.
• 1:15
  Wow.
• 1:16
  How
• 1:17
  do
• 1:17
  I
• 1:17
  attack
• 1:17
  that?
• 1:17
  There's
• 1:18
  so
• 1:18
  many
• 1:18
  angles
• 1:18
  to
• 1:19
  that
• 1:19
  question
• 1:19
  too.
• 1:20
  You
• 1:20
  know,
• 1:20
  I
• 1:20
  think
• 1:20
  in
• 1:21
  direct
• 1:21
  response
• 1:22
  to
• 1:22
  that
• 1:22
  question,
• 1:22
  I
• 1:23
  think,
• 1:23
  you
• 1:23
  know,
• 1:23
  I
• 1:23
  think
• 1:24
  this
• 1:24
  is
• 1:24
  the
• 1:24
  first,
• 1:25
  this
• 1:25
  is
• 1:25
  another
• 1:26
  domino
• 1:27
  yet
• 1:27
  in
• 1:28
  what
• 1:28
  Walmart
• 1:29
  has,
• 1:29
  I
• 1:29
  think
• 1:30
  pretty
• 1:30
  much,
• 1:30
  you
• 1:31
  know,
• 1:31
  given
• 1:31
  us
• 1:31
  a
• 1:32
  clear
• 1:32
  indication
• 1:32
  that
• 1:32
  they're
• 1:33
  trying
• 1:33
  to
• 1:33
  do,
• 1:33
  which
• 1:33
  is
• 1:33
  to
• 1:34
  create
• 1:34
  kind
• 1:34
  of
• 1:35
  the
• 1:35
  smart
• 1:35
  store
• 1:36
  of
• 1:36
  the
• 1:37
  future.
• 1:37
  Like
• 1:37
  they
• 1:37
  want
• 1:37
  to
• 1:38
  have
• 1:38
  an
• 1:38
  understanding
• 1:39
  of
• 1:39
  how
• 1:40
  the
• 1:40
  items
• 1:41
  and
• 1:41
  people
• 1:41
  and
• 1:42
  products
• 1:42
  are
• 1:42
  moving
• 1:42
  through
• 1:42
  the
• 1:43
  store
• 1:43
  at
• 1:43
  any
• 1:43
  given
• 1:43
  time
• 1:43
  in
• 1:44
  real
• 1:44
  time,
• 1:44
  similar
• 1:44
  to
• 1:45
  how
• 1:45
  you
• 1:45
  would
• 1:45
  on
• 1:45
  an
• 1:45
  E
• 1:46
  commerce
• 1:46
  website.
• 1:46
  I
• 1:46
  think,
• 1:47
  I
• 1:47
  think
• 1:47
  that's
• 1:48
  where
• 1:48
  this
• 1:48
  ultimately
• 1:49
  goes.
• 1:49
  And,
• 1:50
  and
• 1:50
  the
• 1:51
  reason
• 1:51
  this
• 1:51
  story
• 1:51
  is
• 1:52
  very
• 1:52
  important
• 1:53
  is
• 1:54
  that
• 1:55
  previously
• 1:55
  perishables
• 1:56
  and
• 1:56
  fresh
• 1:56
  food
• 1:57
  were
• 1:57
  a
• 1:57
  black
• 1:57
  hole
• 1:58
  in
• 1:58
  terms
• 1:58
  of
• 1:58
  inventory,
• 1:59
  visibility.
• 2:00
  I
• 2:00
  mean,
• 2:01
  this
• 2:02
  and
• 2:02
  metal
• 2:02
  products
• 2:03
  potentially.
• 2:04
  Although
• 2:04
  I
• 2:04
  know
• 2:05
  our
• 2:05
  good
• 2:05
  friends
• 2:06
  JP
• 2:07
  and
• 2:07
  Marshall
• 2:08
  might
• 2:08
  have
• 2:09
  different
• 2:09
  thoughts
• 2:10
  on
• 2:10
  this
• 2:10
  and
• 2:11
  much
• 2:11
  better
• 2:11
  thoughts
• 2:11
  than
• 2:12
  I
• 2:12
  do.
• 2:13
  But
• 2:13
  this
• 2:13
  is
• 2:13
  the
• 2:14
  holy
• 2:14
  grail
• 2:15
  of
• 2:15
  RFID
• 2:16
  in
• 2:16
  the
• 2:16
  grocery
• 2:17
  setting,
• 2:17
  particularly
• 2:18
  by
• 2:18
  virtue
• 2:18
  of
• 2:18
  the
• 2:19
  fact
• 2:19
  that
• 2:19
  waste
• 2:19
  and
• 2:19
  spoilage
• 2:20
  are
• 2:20
  the
• 2:20
  number
• 2:20
  one
• 2:21
  areas
• 2:21
  that
• 2:22
  eat
• 2:22
  into
• 2:22
  a
• 2:22
  grocer's
• 2:23
  profit.
• 2:23
  So,
• 2:24
  so
• 2:24
  Walmart's,
• 2:24
  again,
• 2:25
  they're
• 2:25
  out
• 2:25
  in
• 2:25
  front
• 2:25
  of
• 2:26
  things.
• 2:26
  We
• 2:26
  talked
• 2:27
  a
• 2:27
  couple
• 2:27
  weeks
• 2:27
  ago
• 2:27
  on
• 2:27
  the
• 2:28
  show
• 2:28
  even
• 2:28
  about
• 2:28
  how
• 2:28
  they're
• 2:29
  using
• 2:29
  Wiliot
• 2:30
  and,
• 2:30
  and
• 2:30
  deploying
• 2:31
  Bluetooth
• 2:31
  sensors.
• 2:32
  But
• 2:32
  as
• 2:32
  we
• 2:32
  learned
• 2:32
  in
• 2:32
  a,
• 2:33
  in
• 2:33
  a
• 2:33
  podcast
• 2:34
  that
• 2:34
  we're
• 2:34
  gonna
• 2:34
  debut
• 2:35
  very
• 2:35
  soon
• 2:35
  with
• 2:36
  you
• 2:36
  all
• 2:36
  in
• 2:36
  our
• 2:36
  Spotlight
• 2:37
  series,
• 2:37
  that's
• 2:37
  at
• 2:37
  the
• 2:38
  pallet
• 2:38
  level
• 2:38
  too.
• 2:39
  That's,
• 2:39
  you
• 2:39
  know,
• 2:39
  that's
• 2:39
  more
• 2:40
  on
• 2:40
  the
• 2:40
  transportation
• 2:41
  side
• 2:41
  of
• 2:41
  things
• 2:41
  and
• 2:41
  making
• 2:41
  sure,
• 2:42
  you
• 2:42
  know,
• 2:42
  you
• 2:43
  know
• 2:43
  where
• 2:43
  things
• 2:43
  are,
• 2:43
  that
• 2:44
  they're
• 2:44
  stored.
• 2:44
  Right.
• 2:44
  And
• 2:44
  they're
• 2:45
  stored
• 2:45
  in
• 2:45
  temperature.
• 2:46
  Right.
• 2:46
  And
• 2:46
  so
• 2:46
  this
• 2:46
  is
• 2:47
  taking
• 2:47
  it
• 2:47
  down
• 2:47
  to
• 2:47
  an
• 2:48
  even
• 2:48
  greater
• 2:49
  level.
• 2:49
  And
• 2:49
  so
• 2:50
  it's
• 2:51
  a
• 2:51
  step
• 2:51
  change
• 2:51
  really
• 2:52
  here.
• 2:52
  And
• 2:53
  so,
• 2:53
  you
• 2:53
  know,
• 2:54
  when,
• 2:54
  when
• 2:54
  Walmart
• 2:55
  moves,
• 2:55
  the
• 2:55
  other
• 2:55
  point
• 2:56
  I'd
• 2:56
  make.
• 2:56
  And
• 2:56
  when
• 2:56
  Walmart
• 2:57
  moves,
• 2:57
  so
• 2:57
  does
• 2:57
  the
• 2:58
  industry.
• 2:58
  And
• 2:58
  I
• 2:58
  think
• 2:59
  part
• 2:59
  of
• 2:59
  this
• 3:00
  is
• 3:00
  also
• 3:00
  in
• 3:01
  response
• 3:01
  to
• 3:01
  the
• 3:01
  legislation
• 3:02
  around
• 3:02
  food
• 3:03
  safety
• 3:03
  that's
• 3:03
  coming.
• 3:04
  You
• 3:04
  know
• 3:04
  my
• 3:04
  favorite
• 3:04
  acronym,
• 3:05
  bisma.
• 3:06
  And
• 3:07
  so,
• 3:07
  yeah,
• 3:07
  so
• 3:08
  Walmart
• 3:08
  is,
• 3:08
  you
• 3:08
  know,
• 3:09
  in
• 3:09
  front
• 3:09
  of
• 3:09
  that
• 3:10
  and
• 3:10
  then
• 3:10
  they're
• 3:10
  still
• 3:10
  in
• 3:11
  front
• 3:11
  of
• 3:11
  the
• 3:11
  overall
• 3:11
  smart
• 3:12
  store
• 3:12
  design
• 3:12
  of
• 3:13
  the
• 3:13
  future
• 3:13
  too,
• 3:13
  which
• 3:14
  is
• 3:14
  going
• 3:14
  to
• 3:14
  pay
• 3:14
  so
• 3:15
  much
• 3:15
  dividends
• 3:16
  for
• 3:16
  them
• 3:16
  in
• 3:17
  the
• 3:17
  long
• 3:17
  run
• 3:18
  just
• 3:18
  because
• 3:18
  of
• 3:18
  the
• 3:18
  fact
• 3:18
  that
• 3:18
  they're
• 3:19
  just
• 3:19
  so
• 3:19
  much
• 3:20
  further
• 3:20
  along
• 3:20
  on
• 3:20
  the
• 3:21
  experimentation
• 3:21
  side
• 3:22
  of
• 3:22
  this.
• 3:23
  Right.
• 3:23
  And
• 3:24
  I
• 3:24
  think
• 3:24
  that
• 3:24
  that
• 3:24
  brings
• 3:25
  up
• 3:25
  a
• 3:25
  really
• 3:25
  good
• 3:25
  point
• 3:25
  because
• 3:25
  I
• 3:26
  think
• 3:26
  not
• 3:26
  only
• 3:27
  now
• 3:27
  is
• 3:27
  Walmart
• 3:28
  able
• 3:28
  to
• 3:28
  deploy
• 3:29
  RFID
• 3:30
  in
• 3:30
  their
• 3:31
  center
• 3:31
  store,
• 3:32
  their
• 3:32
  apparel
• 3:32
  categories,
• 3:34
  even
• 3:34
  like
• 3:34
  Marshall
• 3:35
  K
• 3:35
  brought
• 3:35
  up,
• 3:35
  you
• 3:35
  know,
• 3:36
  they're
• 3:36
  putting
• 3:36
  these
• 3:36
  on
• 3:36
  crayons
• 3:37
  around
• 3:37
  back
• 3:37
  to
• 3:37
  school
• 3:38
  time.
• 3:38
  Like
• 3:39
  now
• 3:39
  they're
• 3:40
  able
• 3:40
  to
• 3:41
  add
• 3:41
  more
• 3:42
  into
• 3:43
  RFID
• 3:44
  products,
• 3:45
  like
• 3:45
  the
• 3:45
  products
• 3:45
  that
• 3:46
  they're
• 3:46
  putting
• 3:46
  these
• 3:46
  products
• 3:47
  on,
• 3:47
  which
• 3:47
  gives
• 3:47
  them
• 3:48
  like
• 3:48
  greater
• 3:49
  visibility
• 3:49
  across
• 3:50
  the
• 3:50
  store,
• 3:50
  which
• 3:50
  I
• 3:50
  think
• 3:51
  really
• 3:52
  tends
• 3:52
  to
• 3:52
  improve
• 3:53
  things
• 3:53
  like,
• 3:54
  you
• 3:54
  know,
• 3:54
  online
• 3:55
  and
• 3:55
  Bopus
• 3:56
  or
• 3:56
  grocery
• 3:57
  orders
• 3:57
  too.
• 3:57
  Like
• 3:58
  a
• 3:58
  meat
• 3:58
  is
• 3:59
  a
• 3:59
  main
• 3:59
  component
• 3:59
  for
• 4:00
  a
• 4:00
  lot
• 4:00
  of
• 4:00
  people's
• 4:01
  dinners
• 4:01
  and
• 4:01
  stuff.
• 4:02
  And
• 4:02
  if
• 4:02
  you're
• 4:02
  placing
• 4:03
  an
• 4:03
  order
• 4:03
  for
• 4:03
  delivery
• 4:04
  or
• 4:04
  you're
• 4:05
  for
• 4:05
  pickup
• 4:06
  and
• 4:06
  that
• 4:06
  meat
• 4:06
  isn't
• 4:06
  there
• 4:07
  because
• 4:07
  you
• 4:07
  don't
• 4:07
  have
• 4:07
  the
• 4:08
  inventory
• 4:08
  visibility
• 4:09
  on
• 4:09
  products
• 4:09
  like
• 4:09
  this
• 4:10
  and
• 4:10
  like
• 4:10
  deli
• 4:11
  and
• 4:11
  you
• 4:11
  know,
• 4:11
  that
• 4:11
  makes
• 4:12
  a
• 4:12
  big
• 4:12
  difference
• 4:12
  that
• 4:13
  impacts
• 4:13
  the
• 4:13
  entire
• 4:14
  trip.
• 4:14
  Like
• 4:14
  if
• 4:15
  that's
• 4:15
  the
• 4:15
  main
• 4:15
  thing
• 4:15
  that
• 4:15
  I'm
• 4:16
  coming
• 4:16
  to
• 4:16
  get
• 4:16
  when
• 4:16
  I'm
• 4:17
  making
• 4:17
  my
• 4:17
  chili
• 4:17
  and
• 4:18
  you
• 4:18
  don't
• 4:18
  have
• 4:18
  ground
• 4:18
  beef,
• 4:19
  like
• 4:19
  that's,
• 4:20
  I
• 4:20
  have
• 4:20
  to
• 4:20
  go
• 4:20
  to
• 4:20
  another
• 4:21
  place
• 4:21
  now
• 4:21
  and
• 4:21
  I
• 4:22
  may
• 4:22
  be,
• 4:22
  I
• 4:22
  may
• 4:23
  be
• 4:23
  circumventing
• 4:24
  Walmart
• 4:24
  and
• 4:24
  going
• 4:24
  to
• 4:25
  another
• 4:25
  retailer
• 4:25
  in
• 4:25
  that
• 4:26
  case.
• 4:26
  So
• 4:26
  I
• 4:27
  think,
• 4:27
  you
• 4:27
  know,
• 4:27
  those
• 4:28
  two
• 4:28
  things
• 4:28
  are
• 4:29
  the
• 4:29
  biggest
• 4:29
  things
• 4:29
  for
• 4:29
  me.
• 4:30
  More
• 4:30
  visibility
• 4:31
  across
• 4:31
  more
• 4:31
  products
• 4:32
  in
• 4:32
  your
• 4:32
  entire
• 4:33
  store.
• 4:33
  And
• 4:34
  then
• 4:35
  the,
• 4:35
  the
• 4:35
  fallout
• 4:36
  there
• 4:36
  of,
• 4:36
  you
• 4:36
  know,
• 4:37
  what
• 4:37
  does
• 4:37
  that
• 4:37
  mean
• 4:37
  then
• 4:37
  for
• 4:38
  more
• 4:38
  accurate
• 4:39
  online
• 4:39
  orders
• 4:39
  and
• 4:40
  better,
• 4:41
  better
• 4:42
  fulfillment
• 4:42
  metrics
• 4:43
  and
• 4:44
  satisfaction
• 4:44
  with
• 4:44
  your
• 4:45
  customers
• 4:45
  too.
• 4:45
  So
• 4:46
  I
• 4:46
  think
• 4:46
  that
• 4:47
  is,
• 4:47
  that
• 4:48
  is
• 4:48
  a
• 4:48
  huge
• 4:48
  move
• 4:49
  here
• 4:49
  from
• 4:49
  Walmart
• 4:50
  and
• 4:50
  I
• 4:50
  do
• 4:50
  think
• 4:50
  A
• 4:50
  and
• 4:50
  M's
• 4:51
  right,
• 4:51
  we'll
• 4:51
  continue
• 4:51
  to
• 4:52
  see
• 4:52
  this,
• 4:53
  I'm
• 4:53
  sure,
• 4:53
  in
• 4:53
  many
• 4:54
  more
• 4:54
  retailers
• 4:54
  to
• 4:55
  come.
• 4:56
  So
• 4:56
  yes,
• 4:56
  there
• 4:57
  you
• 4:57
  have
• 4:57
  it.
• 4:57
  We
• 4:57
  have
• 4:57
  the
• 4:57
  Venn
• 4:57
  diagram
• 4:58
  for
• 4:58
  you
• 4:58
  and
• 4:58
  of
• 4:59
  Walmart
• 4:59
  plus
• 5:00
  RFID
• 5:01
  and
• 5:01
  chili
• 5:01
  making.
• 5:02
  That's,
• 5:02
  that's,
• 5:03
  that's
• 5:03
  the
• 5:03
  key
• 5:03
  takeaway
• 5:04
  here
• 5:04
  from
• 5:04
  this
• 5:04
  headline.
• 5:05
  That's
• 5:05
  don't
• 5:06
  stop
• 5:06
  me
• 5:06
  from
• 5:06
  making
• 5:07
  my
• 5:07
  chili.
• 5:07
  That's
• 5:08
  the,
• 5:08
  that's
• 5:08
  the
• 5:08
  key
• 5:09
  thing
• 5:09
  here,
• 5:09
  right?
• 5:10
  Yeah,
• 5:11
  but
• 5:11
  I
• 5:11
  bet
• 5:11
  people
• 5:11
  want
• 5:11
  to
• 5:12
  stop
• 5:12
  me
• 5:12
  from
• 5:12
  eating
• 5:12
  it.