![]() With omnichannel services the new status quo for the fashion industry, RFID’s ability to improve stock accuracy is crucial, says Goodson. In two weeks after implementation, inventory accuracy in one of its stores jumped from 93.4 per cent to 99.5 per cent. This could end overstocking and overproduction, says Karolin Stjerna, Ganni’s supply chain director. Ganni is using RFIDs to fulfil online orders from stores, aimed at eliminating the need for separate stock for web order fulfillment and store orders. RFID tags also make store fulfilment, often a more profitable option, easier to roll out. Full visibilityĪlready adopted by leading e-commerce players like Yoox Net-a-Porter, whose seven-building logistics hub in Bologna uses RFID tags on its e-commerce orders to check the contents in packages before being shipped to customers, RFIDs are now being used in-store to give brands a more accurate picture of what’s selling and what needs replenishment. “Smartphones have enabled a digitally connected customer, and now RFIDs are making digitally connected products,” says Joel Goodson, content marketer at Detego, whose RFID software platform is used by Levi’s, Adidas and Reiss. Li estimates that about 70 per cent of retailers are interested in implementing RFID within the next year. The global RFID market is expected to grow from about $10.7 billion now to $17.4 billion by 2026. Avery Dennison's “smart label” business rose 9 per cent in 2020, with most of that growth in apparel. RFID technology is the rare exception in that fashion and apparel is driving adoption before other industries, Hennig adds. It’s not a new tool for retail, but RFID has seen newfound significance in the aftermath of the pandemic, which exposed the many problems riddling fashion and apparel’s inventory management and supply chains from lack of visibility on inventory, excess stock and returns. ![]() The tech is especially useful for high-value items, as it can be used to authenticate and track them during courier shipments. By giving individual products unique digital identities, RFID provides an accurate view of total inventory, unlocking capabilities like ship-from-store, click-and-collect and in-store tracking. ![]() RFID scanners can read multiple codes at once and remotely. The impetus, says Scotch & Soda global procurement director Rik Kok, is to get full visibility of stock online and offline. Now, the 36-year-old company is switching all inventory to RFID, or radio frequency identification, starting with a Netherlands store in August. Until recently, Dutch fashion label Scotch & Soda tracked inventory like most fashion companies do: employees hand-counted items in stores once a month by scanning individual barcodes. ![]()
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