In less than a decade, the mobile internet revolution has overtaken the digital revolution and is still accelerating. Mobile penetration is increasing, the costs of access and devices are coming down, and more and more people in both developed and developing economies are using the mobile internet as their first - and often their only - means of going online. Let's look at the phenomenon in Europe.
There's an app for that. That's long been the joke amongst smartphone toting consumers. More and more, the same can be said for supply chain management and logistics tasks.
RFID retail inventory management can deliver benefits for most apparel retailers now. The basic handheld solution is not hard to understand, delivers real ROI and has a relatively low investment hurdle. Yes, employee training and compliance is a headache, but this is true for many jobs in retail, and it does not change the fact that significant sales uplift is not only possible, but typical.
According to a new Market Data forecasts from ABI research, it will take more than 5 years for 5G to reach 100 million subscriber mark - 2 years longer than 4G. Subscriber growth for 4G was much faster than with previous generations, fueled by the capabilities of increasingly powerful smartphones and the availability of 4G devices. 5G subscriber growth will likely be a bit more muted at first due to the increased complexity of 5G cells and networks, but will pick up in 2023.
Taiwan's GuoGuang Opera Co. has deployed an RFID system from EPC Solutions Taiwan to help track the locations and distribution of thousands of costumes and accessories stored within its warehouse.
The focus of RFID in the supply chain has shifted from case tagging to item tagging, says Ann Grackin, CEO of ChainLink Research. Grackin explains why this is so and details other areas of the supply chain where RFID is being embraced.
Picking in a frozen environment with heavy gloves, paper and pencil impaired the productivity and accuracy of operations at Perry's Ice Cream in Akron, N.Y. A voice-picking system from Vocollect enabled Perry's to solve these problems and gain other benefits.
In recent years, a growing number of retail RFID use cases have clearly demonstrated the benefits of being able to track inventory at the item level, leading to better shelf replenishment and fewer out of stocks. Many retailers quantify the benefits of reducing out of stocks not just at the item level (potential lost sales) but at the transaction level, since retailers closely track the number of items that comprise the average transaction (e.g. 3.6 items/sale). Using that example, an out-of-stock item (especially in a core category such as denim) could result in lost sales of an additional 2.6 items that were to be purchased with it.
