Researchers to Reveal RFID Benchmarks for Apparel Retail at RFID In Fashion 2009

"Clearly, apparel retailers have been struggling with in-store inventory accuracy for a long time," states Mark Roberti, founder and editor of RFID Journal. "The data gathered by Dr. Hardgrave, from numerous RFID deployments in apparel retail stores, reveals that RFID can have a major impact on this once-intractable problem."

RFID in Fashion 2009 will reveal how retailers can deploy radio frequency identification to improve inventory accuracy, reduce shrinkage and increase sales. The event will feature objective case studies presented by apparel, footwear and accessory retailers and suppliers that have deployed RFID in their operations. Attendees will learn how these companies are employing the technology to:

• Improve in-store inventory accuracy from 65 percent to 98 percent
• Decrease the time required to take inventory in stores by 75 percent
• Reduce the time needed to receive goods into inventory by 85 percent
• Lower labor costs associated with markdowns by 50 percent
• Increase sales by as much as 15 percent

RFID in Fashion, coproduced by RFID Journal and the American Apparel & Footwear Association, is supported by the Vendor Compliance Federation and the Trade Promotion Management Associates (see VCF, TMPA to Sponsor RFID in Fashion Conference). Avery Dennison is the cornerstone sponsor of the event, which will feature a Leadership Forum, in which a select group of apparel retailers will discuss issues related to adoption of RFID technologies in the retail sector.