Feb 14, 2022Retail and apparel companies have been among the early adopters of radio frequency identification technologies, both internally and within their shared supply chains. RFID's value has evolved far beyond inventory visibility to building the foundation for responsive retailing. During RFID in Retail and Apparel 2021, a virtual event held on Feb. 8, 2022, and sponsored by Sensormatic IQ, attendees learned how businesses in that sector are deploying RFID and other Internet of Things (IoT) technologies.
The event's speakers explained how to improve inventory accuracy via RFID, how to use RFID to bring down organized retail crime, what the past 10 years can teach us about the next five, and the various ways in which retailers can achieve a return on their investment in the technology. Links to archived recording of the session presentations are presented below, along with PDFs of the slides used in those presentations.
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Left to right: Johan Stenström, Joe Coll, Ned McCauley, Marshall Kay and Mark Roberti
Improving Inventory Accuracy With RFID
Headquartered in Sweden, Stadium AB sells retail sportswear and training clothes, as well as sports-related merchandise, and has stores located throughout Europe. The company tags products at its distribution center and uses sled readers to interrogate tags as they are applied. The session explained how RFID has improved inventory accuracy to about 98 percent, while providing employees with confidence in what inventory they have onsite. The presenter discussed how the improved accuracy allows the company to adopt the omnichannel model of sales online more easily, since it can be sure products are where the software indicates they are.
Speaker: Johan Stenström, Supply Chain Developer, Stadium AB
Presentation | Recording
The IoT of Retail: Using RFID to Bring Down Organized Retail Crime
The digitization of retail is well underway, and RFID has played a key role in optimizing inventory, enabling omnichannel processes and improving the customer experience. However, a lesser-known use case focused on shrink visibility has quickly gained momentum as retailers confront rising theft and brand insecurity. This session outlined how Macy's uses a sensor-fusion approach to combat organized retail crime and protect its personnel, customers, products, profits and brand.
Speakers: Joe Coll, VP of Asset Protection and Strategy, Macy's; Ned McCauley, Director of Sales, IoT and Smart Sensors, Sensormatic Retail Solutions
No Slides Were Presented | Recording
Retail RFID: The View from Outer Space
RFID's proliferation into new merchandise categories and new retail formats is quickly putting it onto the agenda of many more executives. In apparel and footwear, where RFID took root quickest, it has already shaped the fortunes of brands and retailers that embraced it—or ignored it. Marshall Kay is the founder of RFID Sherpas, a retail-focused management-consulting practice. In 2020, he coined the term "RFIQ." Kay writes for Forbes as a retail contributor, and as an industry insider he has chronicled the evolution of retail RFID for nearly 20 years. In this session, Kay outlined what the past 10 years can teach us about the next five.
Speaker: Marshall Kay, Founder, RFID Sherpas
Presentation | Recording
Understanding RFID's ROI for Retailers
Many articles have been written, both by RFID Journal and by other outlets, regarding the benefits retailers are achieving with radio frequency identification technologies, but every retailer has its own unique processes, business models and supply chains. So how can a retailer sort out what benefits it can achieve via RFID? This session explained the different ways in which retailers can achieve a return on investment and determine the right approach for their particular business.
Speaker: Mark Roberti, Founder and Editor, RFID Journal
Presentation | Recording
The next RFID Journal event will be RFID Journal LIVE! 2022, being held on May 17, 2022. LIVE! is the world's largest conference and exhibition focused on radio frequency identification and related technologies. Now in its 20th year, the event will feature more than 150 exhibitors from 26 countries showcasing RFID tags, readers, software and implementation services. Innovative new products will be introduced at the conference, and companies from retail, manufacturing, healthcare, logistics and other sectors will present real-world case studies.
RFID Journal applies an objective editorial approach to its events, which feature end-user case studies from industry leaders worldwide, along with the latest products and services offered by leading technology companies. Information about upcoming in-person conferences, virtual events and webinars is available here.
