TAGSYS RFID, the leading provider of item-level inventory management systems that streamline the supply chain, is helping both internal and third-party distribution centers (DCs) and their customers who are servicing retail stores to significantly improve the efficiency of goods handling with its comprehensive FiTS (fashion item tracking system) item-level RFID system. By enabling new levels of productivity and efficiency improvements, businesses can achieve bottom-line impact, through up to 50% reduction in handling costs, accelerated throughput of items from manufacturing to point of sale, and more efficient utilization of physical space.
In addition, with RFID compliance mandates facing brands and suppliers who target the US retail market, TAGSYS provides a fast track approach to meet large American retailers’ requirements. The efficiencies can be quickly realized either directly through TAGSYS-powered internal DC operations or through low-risk partnerships with third-party logistics partners that have already invested in TAGSYS systems, saving both time and capital outlay. The net result is the TAGSYS system transforms the compliance mandate from a required capital expense into a profit-increasing business enhancement.
Regardless of the approach, the TAGSYS system delivers unmatched visibility in the supply chain, and complete interoperability with existing business process systems and legacy inventory management technologies.
“Companies are concerned with the investment required to meet retailers’ RFID compliance mandates. TAGSYS is uniquely positioned to turn that investment into a positive bottom line experience with a rapid ROI. There are several key opportunities to improve efficiencies which our item-level system addresses – streamlining the flow of goods throughout the logistics process, improving accuracy and visibility of items, eliminating unnecessary overhead, and even ensuring optimal use of space. All of this adds up to significant bottom line value that more than justifies the initial investment needed to comply with RFID requirements,” said Alain Fanet, CEO of TAGSYS.
TAGSYS’ FiTS solution is the RFID industry’s first commercial off-the-shelf, end-to-end supply chain system for the apparel and retail marketplaces. Leveraging RFID technology to provide visibility from manufacturing, through the distribution center, and to the retail floor, the system includes patented RFID technologies, equipment, and software to address the complete supply chain.
Rapid ROI with RFID
The TAGSYS system directly addresses the challenges of inventory management in distribution centers. Its customer have seen up to 50% reduction in overall costs thanks to significantly more efficient check-in and check out processes enabled by its unique item-level capabilities.
In addition, the high throughput allowed by its systems enables DCs to do more with less overhead. Highly efficient item-level tracking improves labor productivity and helps eliminate inventory errors and loss with near 100% visibility, further driving down operations costs.