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High ROI item-level inventory management systems, a cornerstone of next generation of RFID successes
March 14, 2013
By: DAVID SAVASTANO
Contributing Editor, Coatings World and Ink World
TAGSYS RFID will discuss the on-going paradigm shift happening in the retail and apparel industries. Characterized by significant changes in technology innovation, buying patterns and global economic issues, RFID 2.0 is poised to re-define the value proposition of how companies manage goods throughout the supply chain and omni-channel distribution network, and interact with customers. A convergence of technical and business trends forms the backdrop for this evolution toward systems that dramatically improve productivity, increase sales and inspire customer satisfaction. TAGSYS is leading the way with this RFID 2.0 approach, delivering a more scalable, interoperable, easy-to-implement and high ROI implementation offering. Its technology addresses a range of emerging requirements, from the physics of how to tags traditionally challenging items to meeting retailers’ compliance mandates. The Apparel Tech West Conference is being held Tuesday, March 19 at the Los Angeles Trade Tech College, and is considered a must-attend technology event for professionals in the apparel and retail industry. The company, a Gold Sponsor of the event, will present its vision at a session entitled “RFID 2.0. From Projects to Profits.” The talk will center on the challenges and pitfalls encountered by previous implementations of RFID, and offers a practical pathway to realizing the true potential of RFID for increasing efficiency, productivity and profits in retail and apparel operations, The talk addresses RFID use and benefits throughout the supply chain, and looks at the evolving nature of the rail channel, including omni-channel distribution strategies and smart mobile consumers. The TAGSYS offering for apparel and retail is an easy-to-deploy system to monitor inventory at each step in the supply chain. The system provides a centralized management dashboard that delivers detailed real-time information on product availability, shipment status and retail inventory levels. With the TAGSYS system, companies can quickly adapt product distribution and replenishment strategies to meet specific market and store needs, reducing item handling costs and physical storage area, and improving sales opportunities through reduction of out-of-stocks.
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