Despite the many concerns and expectations of academia and the practitioner community, a radio frequency identification (RFID)-based food traceability system (FTS) has not yet been successfully developed and implemented in the food industry. Through closer examination of unsuccessful pilot projects of RFID-based traceability systems for the Korean ginseng industry, this study proposes business process reengineering points with RFID and sensor technology and an RFID-based ginseng traceability system architecture according to the Electronic Product Code (EPC) global framework. This approach and system architecture will contribute to the successful development and implementation of an RFID-based FTS for food products. In addition, this study extends the scope of the theoretical discussion of RFID-based FTSs for health foods and medical herbs, like ginseng.