RFID: from fashion retail’s best-kept secret to goldmine
Apparel and Fashion
Fashion retailers invest heavily to create an ideal shopping experience. Nedap helps you to effectively prevent losses and optimize your merchandise availability. Real-time actionable data helps you to increase sales and achieve profitable, sustainable growth.
Provide seamless shopping experiences using RFID technology
RFID technology helps brands and retailers to unlock their omnichannel potential, resulting in seamless shopping experiences for customers. Implementing RFID technology creates total inventory visibility. This enables retailers and brands to optimize inventory levels from source to store and reduce losses.
Curious to find out how your store can provide seamless shopping experiences? Do you want to know how real-time data can help you increase sales and achieve growth? We can help you out!
Customers are becoming more selective and look for brands where they can shop anytime, anywhere or on any device. Shoppers expect their desired items to be ubiquitously available – no matter if they browse in a brick-and-mortar store or online. Having these expectations in mind, retailers are extending their service options – such as ship-to-home, ship-to-store, ship-from-store, click-and-collect, and a range of return choices – to compete. In this context, inventory visibility is a key enabler to keep the ‘availability promise’ and make customers happy! By using Nedap's iD Cloud systems, you are able to have full stock visibility, which unlocks all these possibilities.
The use of RFID scanning with embedded tags, as opposed to either solution with hard tags, reduces the average transaction time by almost half. Simply because it eliminates the need to scan all the barcodes one by one and because eliminating the need to remove the hard tag. This means that, on average, staff spend only half as much time performing checkouts.
To successfully increase digital availability, it is essential to know exactly where products are at the unique item level. RFID is the perfect technology to easily and seamlessly register products and consequently assign a specific status and location. As a result, the use of this technology ensures high stock accuracy and creates end-to-end stock visibility. When all stock-related processes in the retail supply chain are captured with RFID, a central instance that holds all read-events, the so-called EPCIS repository, will contain real-time, item-level information about the available and the sellable
stock at the sublocation level.
“Next to the right RFID features, we were also looking for a user-friendly solution and the feedback that we are getting from the stores is very positive. The acceptance and enthusiasm from our store teams are very high because the solution helps them to provide better service."
When retailers embrace RFID for inventory management, one of the use cases is checking incoming shipments to stores. With RFID, this is an almost effortless process: scan the cartons of the incoming shipment and check them against the shipment notice. This......