Retail loss is on the rise worldwide, reaching $119 billion in 2011, and accounting for 1.45 percent of retail sales—the highest shrink rate yet recorded. As the pace of increases across the globe, the power of item-level RFID to reduce loss by delivering high-quality loss intelligence is becoming more significant for retailers. … Continue Reading
The Next Big Transformation for the Global Supply Chain—RFID
Accelerated RFID retail deployments are pushing RFID tagging further up the supply chain, to the manufacturing source. Everyone in the supply chain can begin capturing as much ROI and as many advantages as possible from the start. As this happens, the power of RFID technology becomes too compelling for anyone in the supply chain to ignore. … Continue Reading
Macy’s Expanding RFID Tagging in a Really Big Way, But Item-Level RFID Isn’t Just for Macy’s and the “Big Chains” Anymore
Now is the time for small to mid-sized retailers to begin planning RFID pilots to stay competitive and to meet consumer demands. RFID isn’t just for the “big stores” anymore. … Continue Reading