The Bigger Picture
As customer expectations continue to grow, inventory accuracy and visibility is a business imperative—it starts with RFID.
With RFID, inventory counting can be done faster, more frequently and more accurately than traditional barcode-based methods, leading to significant improvements in both revenue and gross margin.
How do you know if your retail chain is a good candidate for RFID?
What Return on Investment (ROI) benefits can you expect?
Retailers need a framework for understanding the real value of RFID for their business. In their latest white paper titled “Understanding Real-World ROI for RFID in Retail,” industry analyst ChainLink Research explores the characteristics of a good candidate for implementing RFID and the use cases.
Along with the complimentary white paper, ChainLink introduces a new web-based ROI Estimator tool to help retailers determine if RFID-based solutions make sense for their business. Developed in conjunction with Tyco Retail Solutions, this value estimation tool guides retailers through an easy 2-step process to show how operational metrics can improve dramatically with RFID.
This hard tag features a highly sensitive Radio Frequency Identification (RFID) inlay for item-level visibility and inventory management and an AM EAS element for asset protection. The RFID component stores information specific to the protected merchandise for item-level and near real-time merchandise visibility. Source Tagging is available so retailers can receive floor-ready merchandise with consistent tag placement—expediting receiving and selling floor fulfillment.Retailer Values:
- Enables near real-time merchandise visibility
- RFID element offers an efficient way to track inventory, while the AM EAS element provides product protection
- Tagging at the point of manufacturing (Source Tagging) helps improve tag compliance and ensures consistent application
- Source Tagged merchandise arrives floor-ready, enabling faster speed to sales floor