AUTO-ID Solutions for Item-Level RFID Tagging in apparel/retail supply chains
RFID technology for apparel/retail supply chains can not only help identify and plug profitability leaks, but increase sales by enabling new up-selling techniques. Ensure availability of sales floor inventory, while providing store buyers greater insight into product performance.
At many points along the distribution chain, from factory to the consumer, an RFID enabled solution at the item level could play a key role in increasing efficiency and providing greater visibility into operations. Often, the increase in inventory accuracy alone generates a meaningful return on investment. Early evidence indicate that stores deploying pilot projects report that the introduction of RFID technology has;
- increased sales up to 15%,
- reduced labor for inventory-taking up to hundreds of hours per month,
- resulted in 98-99% inventory accuracy rates.
With inventory accuracy reportedly hovering around only 65-75% using conventional methods, the case for RFID is clearly quite strong.
As one of North America's leading RFID integrators, Lowry has the experience, track record and capability to assist retailers in integrating the solutions necessary to achieve profitable results.
