RFID technology has experienced rapid adoption in Retail over the past 12 months. Far from being a standalone technology, retailers see RFID-enabled inventory management as providing the core infrastructure for Omni-Channel retailing.
The adoption curve for RFID-enabled retailing commonly looks like this:
What LP (Loss Prevention) leaders need to know is that they can, and should play a key role in the RFID planning process. An RFID-enabled inventory program often uncovers hidden sources of shrink, highlighting LP's impact on inventory accuracy. In addition, RFID inventory data can benefit LP by uncovering patterns of ORC and internal theft, which are hard to track using traditional methods.
We're holding an online event on December 12 to discuss trends, technologies and deployment tips for RFID in Retail, featuring:
- The research team behind the 2013 Global Retail Theft Barometer
- A 500+ store specialty retailer deploying RFID-based EAS for omni-channel inventory and loss prevention
- An LP industry luminary from the National Retail Federation and Disney Stores
Great discussion on RFID in Retail yesterday with RFID Journal, featuring presentations from our customer C&A who is rolling out RFID across 25 EU stores in Europe and deployment considerations for scaling up to Chain-Wide RFID. Here's a demonstration of our RFID handheld inventory management solution, that enables store associates to count merchandise in teams, and aggregate item-level inventory at the enterprise level.
To accompany the RFID in Retail event, the RFID for Retail Planning Guide - "Scaling Up" outlines key considerations for moving from RFID retail pilots to chain-wide deployments.
The planning guide is designed to provide retail professionals with the background information to thoughtfully scope a multi-store RFID deployment, including:
•Solution Components of Chain-Wide RFID Solutions
•Building a Holistic View of Inventory Management
•Systems Architecture Considerations
•Extending RFID Use Cases
•Implementation Planning Processes
