Home Internet of Things Aerospace Apparel Energy Defense Health Care Logistics Manufacturing Retail

Ask The Experts Forum

BlogsAsk The Experts ForumIs RFID in Retail Outdated Due to the Cost?

Is RFID in Retail Outdated Due to the Cost?

Posted By RFID Journal, 08.28.2014

Is that why the technology is faltering?

—Name withheld

———

Um, actually, it's not faltering. RFID represents the future of retail. In five years, virtually all clothing will be tagged with RFID transponders. From there, the technology will expand to other areas. It is already expanding into jewelry, cosmetics and other high-value items, in fact. While retailers must make an investment in installing readers in stores and upgrading software, and while suppliers must invest in purchasing tags on an ongoing basis, the benefits for both supply chain partners far outweigh the cost.

Retailers typically see a payback within a year. (You can download our RFID Fashion Retail ROI Calculator to assess the potential benefits for your particular establishment.). Suppliers also benefit from better inventory tracking, reduced labor associated with checking orders prior to shipping, improved shipping accuracy and better supply chain visibility. There is simply no other technology that can help retailers and suppliers cost-effectively manage their complex inventories, so believe me when I tell you that RFID is the future of retail.

—Mark Roberti, Founder and Editor, RFID Journal

Login and post your comment!

Not a member?

Signup for an account now to access all of the features of RFIDJournal.com!

Next Post
How Can RFID Monitor Bus or Train Riders...
Previous Post
Can an Off-the-Shelf RFID System Monitor...
PREMIUM CONTENT
Case Studies Features Best Practices How-Tos
RFID JOURNAL EVENTS
Live Events Virtual Events Webinars
ASK THE EXPERTS
Simply enter a question for our experts.
TAKE THE POLL
JOIN THE CONVERSATION ON TWITTER
Loading
RFID Journal LIVE! RFID in Health Care LIVE! LatAm LIVE! Brasil LIVE! Europe RFID Connect Virtual Events RFID Journal Awards Webinars Presentations
© Copyright 2002-2016 RFID Journal LLC.
Powered By: Haycco