RFID Journal Virtual Event

Virtual Events Jun 19, 2018

RFID in Retail and Apparel 2018 Virtual Event

June 19, 11:00 am - 1:00 pm

Moderators:
  • Mark Roberti, Founder and Editor, RFID in Retail and Apparel 2018 Virtual Event
Moderators:
  • Mark Roberti, Founder and Editor, RFID in Retail and Apparel 2018 Virtual Event
Moderators:
  • Mark Roberti, Founder and Editor, RFID in Retail and Apparel 2018 Virtual Event

Retail and apparel companies have been among the early adopters of RFID technologies, both internally and within their shared supply chains. Today RFID’s value has evolved far beyond inventory visibility to building the foundation for responsive retailing. During this virtual event, hear how retailers worldwide are using RFID and Internet of Things technologies to become more agile and responsive in an increasingly competitive market.

EVENT AGENDA

19 Jun, 2018 11:00 am
Welcome and Introduction
19 Jun, 2018 11:05 am
The Business Case for RFID in Retail and Apparel

RFID Journal has conducted extensive research to understand the business case for RFID in apparel retail, and to create metrics that companies in that sector can use to determine the likely return on investment they could achieve by employing the technology to manage store inventory. This session will explain the data used and walk attendees through the financial model. Those in attendance will receive a copy of the report on which the presentation will be based, as well as an interactive spreadsheet they can utilize to explore the benefits they can expect to receive, based on their own store size, number of units, margin, labor costs and other inputs.

19 Jun, 2018 11:40 am
Global Retailer Uses RFID for Higher Stock Accuracy

A prominent sporting goods retailer with more than 100 stores is using RFID to reduce out-of-stocks and improve sales. The firm successfully implemented the program at two pilot stores, resulting in increased sales and higher stock accuracy. Learn how the sales floor replenishment process has been improved, and how the firm is using item-level RFID inventory management to support its future omnichannel supply chain initiatives.

19 Jun, 2018 12:10 pm
Increasing Sales via RFID

One retail clothing chain has equipped its stores with RFID technology to better manage its inventory. This deployment follows a six-month pilot that boosted sales of men’s shirts and suits by double digits. During the pilot (which consisted of tagging men’s shirts and suits, and using a handheld reader to conduct inventory counts on the sales floor), the system not only provided 98 to 99 percent inventory accuracy, but also reduced the amount of labor employees spent performing manual inventory checks, thereby enabling more frequent checks. Learn how the chain expanded the program to include men’s suits, and how it expects to tag all children’s, sports, women’s and men’s clothing, as well as footwear.

19 Jun, 2018 12:55 pm
Closing Remarks

 

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