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.
Global Organic Textile Standard
‘GOTS is a very efficient supply chain management tool, especially for...
The biggest challenge is lack of skilled workforce and competition from...
Competition is the best thing that can happen to a startup
Held every year in New York City, Surtex is a global business-to-business...
MAG Solvics Private Limited was established in 1991 to design and develop...
Mesdan SPA, a subsidiary of Italian firm Savio Macchine Tessili,...
INDA, a global association of the nonwoven fabrics industry, has been...
Larry L Kinn
Larry L Kinn, Senior Vice President - Operations Americas of Suominen...
Twinery Innovations by MAS
Twinery-Innovations by MAS is the innovation arm of Sri Lankan company MAS ...
<b>Joe Ikareth</b> has a rock-solid fashion and textiles background, which ...
The creations by Aprajita Toor were born out of a deep desire to create...
Anjali Bhaskar has an experience of 12 years in the fashion industry. She...