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Retail Business Review | Wednesday, November 16, 2022
RFID tags make it simple to execute store fulfillment, often the most profitable choice.
FREMONT, CA: While RFID is utilized in different industries, comprising construction, engineering, and chemical manufacturing, it found its perfect fit in the fashion retail market. Clothing merchants have been using RFID technology for years. As other retail sectors, like beauty or food, begin investigating the possibilities of item-level tagging, they will search for fashion retail for advice.
Consider how fashion retail found the perfect combination with RFID:
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1. RFID: Real-time data on an item-by-item basis
Today's modern buyer, who is often connected, expects immediate information regarding article accessibility and a regularly excellent buying experience, irrespective of whether they market online or in a brick-and-mortar store.
These expectations and the fact that fashion merchants must handle several collections per year and more than as many marketing campaigns create many obstacles. In different colors, styles, and sizes, huge volumes of merchandise must be moved in ever-shorter cycles across the supply chain. This involves unique conditions for retail operations, technologies, and employees:
• Delivering details to customers at all times needs that the proper positions of all articles at the item stage are famous at all times.
• Processes that are effective in the store. i.e., prompt receipt of goods, unceasing inventory, and notice when items are unavailable on the sales floor but are still open in the backroom.
• Being fully customer-focused. Keeping our promise to offer accurate details on the accessibility of specific articles at any time.
RFID is a technology that allows the visibility of items and much more
Several fashion retailers have already recognized the advantages of RFID-based inventory management: awarding the precise location of each item at all times is essential for efficient store management and omnichannel commerce. In addition, retailers positioning simple RFID labeling on items often understand further benefits, like real-time analysis of item-level data or reduced store labor expenses. As RFID-based solutions are greatly scalable, particularly easier to adopt than ever, and growingly viewed as a secure investment, the application of RFID in fashion retail is increasing year over year.
RFID's untapped potential
RFID differentiates itself from traditional labeling systems in one important way: RFID-tagged objects may be read in bulk and through sealed boxes. While this allows fast and accurate stocktakes, there is a combination of more subtle use cases for fashion retailers:
Mobile RFID readers can be used for store processes comprising store-to-store transfers, goods receipts, and warehouse returns. Also, mobile devices greatly support sales employees, especially when conducting customer consultations or making direct orders or reservations.
Real-time analysis of any data generated in the store is possible. And back-end systems, like ERP, CRM, and loyalty programs, are mounted with previously inaccessible data, permitting a full view of the customer.
RFID technology allows real-time visibility into the relationship between clients and merchandise.
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