Week of 06/06/11

 
Welcome to RFID 24-7
 
Advertisement
 

Retailers look to RFID item level tagging
to kick $430B out-of-stock problem


full article

Why are retailers so anxious to deploy item level RFID technology? For starters, out-of-stocks are robbing them of more than $430 billion in sales each year. A new study from IHL Group says that major retailers could improve sales by close to 10 percent by entirely eliminating out-of-stocks.

While RFID can't do that on its own, it's no wonder retailers like Walmart, Kohl's and Dillard's are pursuing item level tagging with such vigor. The IHL study says that more than one in five shoppers leave consumer electronics retail outlets empty handed because of out-of-stocks.

"What it comes down to is that there is no good way of counting your items at this point in time," says Zander Livingston, CEO and co-founder of Truecount Corp., and a pioneer in apparel item level retail tracking. "It's tedious on the employee, it's manual labor and employees can easily be distracted, so there are significant problems with trying to manage your inventory with human beings, particularly if you have lot of turnover. So nobody is ignoring RFID any more."

Click here to read the full article.

Global chipless RFID tag market
to reach $2 billion by 2017

Chipless tags are unlikely to replace RFID tags, but will likely co-exist with them, replicating the successful co-existence of RFID and bar codes.

Read the official press release

Sycuan Casino turns to RFID to manage
20,000 uniforms used by 1,600 employees

RFID systems will reveal exactly what costs and savings are and create a more efficient process, with the cost reduction of lost and damaged garments going directly to the bottom line.

Read the official press release

VR Transpoint of Finland deploys
RFID-based train monitoring system

The world's first full scale implementation in the rail industry utilizes 10,000 tagged freight wagons and more than 300 handheld reading devices.

Read the official press release

Identive Group plans to double inlay
capacity over next 12 months

The company will increase capacity at its Munich and Singapore plants and commence production of RFID inlays in the U.S. with the goal of doubling total inlay production capacity over the next 12 months.

Read the official press release

Tagsys RFID intros durable UHF
tags for textile tracking

The UHF RFID tag for the laundry and textile services industry is designed to withstand harsh industrial laundry processes, while enhancing item-level tracking of flat linens, uniforms and other textile products.

Read the official press release


Let's Hear It!

We welcome your feedback. What do you think of the issue, the lead story, and content? What topics would you like covered? Tell us.


GOT CONTENT?

RFID 24-7 announces Content-on-Demand, an editorial services division of RFID 24-7 offering professional writing services for online and print content including press releases, case studies, white papers, blogs, speeches, presentations and more. Email me for more information.

Issue: 1111

 
John Johnson, Editor
 
Smartrac

Upcoming Events

 

Checkpoint Systems Fashion Day Europe

June 8, 2011

Brussels

 

NFC Bootcamp

June 22, 2011

Dallas, Tex.

 

2011 AIM Expo

Sept. 26-28, 2011

Las Vegas, Nev.

 

RFID Europe 2011

Sept. 27-28, 2011

Cambridge, UK

 

International RFID Congress

October 4-5, 2011

Lille, France

 

DON'T MISS

Don't miss
a single issue of RFID 24-7!

Click here to sign up

LET'S HEAR IT!

We welcome your feedback. What do you think of the issue, the lead story, and content? What topics would you like covered? Tell us.

About the Editor

John R. Johnson is a veteran business and technology journalist with over 20 years of experience covering RFID technology, smart grid and supply chain topics. He is the former editor of RFIDWatch Weekly and DC Velocity magazine.

More info

Send to a Colleague

Know someone who would benefit from RFID 24-7?

Forward
to a colleague

click to forward

RFID 24-7 is published every other week by Bumpkin Island Online Media.

Editor & Publisher: John R. Johnson

web www.rfid24-7.com

blog www.rfid24-7.com/rfidtalksubscribe

email john@rfid24-7.com | 617.851.4569

Content-on-Demand john@rfid24-7.com | 617.851.4569

 

click to forward