RFID in Retail and Apparel Virtual Event 2019
September 19, 11:00 am - 1:00 pm
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 Sep, 2019 11:00 am | Welcome and Introduction |
19 Sep, 2019 11:05 am | The Business Case for RFID in Retail and ApparelRFID 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 Sep, 2019 11:50 am | Increasing Sales via RFIDOne 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 and increased inventory accuracy. During the pilot 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 and how it expects to tag all clothing, as well as footwear. |
19 Sep, 2019 12:20 pm | Global Retailer Uses RFID for Higher Stock AccuracyA global brand 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 Sep, 2019 12:55 pm | Closing Remarks |
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