Why RFID Matters in the Supply Chain
Radio Frequency Identification is a technology—but you aren't here
for a technology; you're here to improve your business.
Visibility, transparency, flexibility, agility. These are the buzzwords
used to describe today's leading enterprises, and in a world of rapid
change, pursuing even fleeting strategic advantage is not a matter of
choice—it is a matter of survival.
Clarity Inventory™ gives you the ability to see your entire
supply chain, end-to-end, with greater precision and granularity
than ever before - driving better insights, analytics, and decision making. The benefits are obvious,
significant, and accrue quickly. If you don't capture them, your
Contact us to learn more about how RFID can
transform your business.
Enabling True Omni-channel
The benefits of better inventory management are intuitive to most retail
managers and brand owners. Being able to track every single item produced
from source to store reduces costly waste.
But even more than that, understanding your inventory—the fundamental
building block of how your company makes money—enables the flexibility
and agility to better serve customers that increasingly expect to purchase
what they want, when they want it, through any combination of potential
Take, for example, inventory cycle counts. Conducting these counts at a
higher frequency gives you the agility to react to volatile demand, to take fewer markdowns,
and to implement a true omni-channel strategy that comes only through being
able to flex your supply chain to fulfill orders near-instantaneously
depending on where the order was placed.
Improved Inventory Accuracy
Perhaps the most obvious benefit of managing inventory with Clarity™ RFID
technology is improved inventory accuracy. Overstock leads to costly mark-downs,
putting pressure on margins that, in the branded apparel industry in particular,
are often razor-thin to begin with.
Out-of-stocks are equally costly in terms of lost sales and
the frustration felt by customers toward your retailers when they cannot
find the item they were looking for.
The greater inventory accuracy afforded by RFID can be used to inform
production decisions, driving leaner supply chains, better JIT forecasting,
and ultimately reducing working capital for better cash management.
With real-world experience showing inventory skew as high as 20%,
brand owners and suppliers in aggregate are leaving billions of dollars
on the table.
Operate With Greater Efficiency
Traditionally, shipping and receiving audits were limited to one in
one-hundred or even one in one-thousand because of the bottleneck created
by high sampling rates. With Clarity Inventory™ for supply chain,
this is no longer the case.
Every item leaving your loading dock or entering the receiving dock can
be verified, driving quick and easy discrepancy resolution and reducing
shrink. If you're a small-to-mid-size brand owner or manufacturer, this
confidence could be the equalizer in winning the business of brands
and retailers who highly value reliable, accurate delivery.
Using an array of fixed readers, you can achieve a 100% sampling rate
in less time and with less labor than today's manual sampling processes.
With fewer shipping and receiving errors, greater transparency, and more
efficient and reliable product transfer, the trust, reputation, and
brand of your business is enhanced.
Clarity Inventory™ was designed specifically with end-to-end supply
chain use in mind. It isn't a one-size-fits-all solution; although
highly flexible and customizable, SML IIS
is committed to serving brand owners and retailers first.
Implementation is simple and efficient, and Clarity Inventory™
quickly integrates with your existing SCM platform to drive better,
timelier insights than previously possible.
The SML IIS team prides itself on helping customers smoothly transition
to an RFID-based supply chain management system. We offer unique, end-to-end solution bundles
and service packages that help you save money while capturing real,
If you want to become a Supply Chain Champion within your organization
and do something with a fast (often under a year) payback that moves
the needle on the top and bottom line, drop us a line
and we'll be happy to help you work through your specific business case