7/16/2004 - Wipro Technologies, the global IT services division of Wipro Limited (NYSE:WIT), announced the launch of its RFID enabled concept store at its Electronic City campus.
The concept store demonstrates how item level RFID tagging enables automatic check-out, intelligent shrinkage avoidance, smart stock maintenance, and tracing and tracking of apparel by the store manager. The concept store showcases RFID technology being used across different business processes in a retail store and has been launched to help customers understand the working of RFID in a real world environment. The concept store is part of the RFID center of excellence at Wipro Technologies.
“This is an example of our commitment to providing retailers with business driven technology solutions that enable them to improve store productivity and enhance the customer’s buying experience” said Mr. Bhanu Murthy, Vice President for Retail, CPG and Distribution at Wipro Technologies. “We have a dedicated team of industry practitioners who are setting up an RFID laboratory where we can better understand and leverage the physics of RFID to create solutions for our customer.”
Speaking at the occasion Ms. Jayasri Guha, Vice President (Finance and Procurement Standardization) Weyerhaeuser said, “Over the past six years Weyerhaeuser and Wipro have developed a very strong working relationship with each other and I congratulate Wipro on the RFID initiative and the opening of the Wipro Concept Store. Weyerhaeuser is tracking the RFID technology closely and we are exploring how it can be leveraged to improve supply chain efficiency.”
Through its Centre of Excellence, Wipro is also providing thought leadership on the effect of RFID technology on privacy and public policy. It has presented a white paper at the RFID Privacy Workshop at the Massachusetts Institute of Technology in November 2003 (www.wipro.com/insights/rfidtechnology.htm).
About Wipro Limited
Wipro Limited is the first PCMM Level 5 and SEI CMM Level 5 certified IT Services Company globally. Wipro provides comprehensive IT solutions and services, including systems integration, information systems outsourcing, package implementation, software application development and maintenance, and research and development services to corporations globally. In the Indian market, Wipro is a leader in providing IT solutions and services for the corporate segment in India offering system integration, network integration, software solutions and IT services. Wipro also has profitable presence in niche market segments of consumer products and lighting. In the Asia Pacific and Middle East markets, Wipro provides IT solutions and services for global corporations. Wipro's ADSs are listed on the New York Stock Exchange, and its equity shares are listed in India on the Stock Exchange - Mumbai and the National Stock Exchange, among others. More information is available at www.wipro.com.
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