RFID adoption among top 30 US retailers rising
17
Jan '14
Jan '14
The acceleration of global RFID adoption by retailers was the focus of a Big Ideas panel session hosted by Avery Dennison Retail Branding and Information Solutions (RBIS) this week at Retail’s “Big Show,” the National Retail Federation’s 103nd Annual Convention & EXPO.
The panel, moderated by Mark Roberti, editor of RFID Journal Magazine, featured industry experts Francisco Melo, Avery Dennison RBIS’ VP of global RFID, Dr. Bill Hardgrave, dean of the Harbert College of Business at Auburn University and the founder of the RFID Research Center, and Pam Sweeney, Macy’s SVP of logistics, systems and technology.
“Of the top 30 retailers in the US, two out of three have something going on with RFID. If you’re not doing it now, you’re already behind, and if that doesn’t scare you, it should,” explains Hardgrave. “To succeed in the retail and apparel industry, you’ve got to solve the fundamentals first, which means inventory accuracy, and then you can focus on enhancing the customer experience. If you haven’t started addressing the fundamentals, you are behind.”
“RFID is about sales growth and improving customer experience,” says Sweeney. “We’re moving forward with additional categories and penetration into existing categories. The greater the penetration of RFID throughout the supply chain, the greater the benefits we see. I encourage more retailers to get on board.”
“We’re seeing a significant number of retailers piloting and adopting RFID around the world,” says Melo. “This is due to the return on investment RFID delivers, its ability to significantly improve inventory accuracy and the simplification of implementation.”
About Avery Dennison RBIS
Avery Dennison RBIS, a global leader in apparel and footwear industry solutions, is a $1.5 billion division of Avery Dennison. Avery Dennison RBIS provides intelligent creative and sustainable solutions that elevate brands and accelerate performance throughout the global retail supply chain.
Avery Dennison
Must ReadView All
Textiles | On 15th Dec 2018
Textile-garment park inaugurated in Ethiopia's Jimma
President Omar al-Bashir of Sudan, President Ismail Omar of Djibouti...
Textiles | On 15th Dec 2018
Some trying to create unrest over wages: Bangla minister
Some people are trying to create unrest in Bangladesh over the...
Apparel/Garments | On 15th Dec 2018
Condition of Cambodian garment workers improves: ILO
Cambodia has seen remarkable improvements in labour standards in the...
Interviews View All
Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016
'Major problem in the textile machinery manufacturing industry is the lack ...
Top executives
Textile & apparel bodies
The decision to reduce GST on MMF yarn to 12% is transformational
Top executives
Textile industry
Sustainable fashion is also ‘slow fashion’
<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...
Surat-based Sunrise Imports & Exports Co is a manufacturer and...
Inter Expo and Congress Center (IEC) is a prominent exhibition centre in...
Isabel Herranz
European School of Business & innovation
Cutting-edge ideas like the Internet of Things and artificial intelligence ...
Eric Scholler
Groz-Beckert
The Indian market has huge potential in technical textiles, and by far,...
Johan Berlin
InvestKonsult Sweden AB
Investkonsult Sweden AB has been buying and selling second-hand textile...
Jay Ramrakhiani
Occasions Elegance Wear
It is believed that by early 19th century, Varanasi weavers had moved away ...
Silvia Venturini Fendi
Fendi s.r.l
"Yes, my confidence and positive attitude are my strengths and should be...
Mike Hoffman
Gildan Activewear SRL
Gildan Activewear, a manufacturer and marketer of branded clothing and...
Leave your Comments
Recommended
Want to know what happened in the textile world this week? Watch now!
news category
Related Categories:
