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www.supplychainbrain.com/articles/16001-rfid-enables-retail-in-this-omni-channel-world

RFID Enables Retail in This Omni-channel World

April 11, 2013

Retail is going through huge transformative changes. Retailers, who are typically cautious about technology spending, are taking bold steps, catalyzed by the need to provide full omni-channel integration, a differentiated customer experience, and improved margins. These are enabled by new technology developments in cloud solutions, wireless, mobile, payment, in-store technologies, and RFID.

In fact, RFID is a core foundation that unlocks item-level, context-aware intelligence and utility that is the basis for many of the changes we are undergoing in retail, such as self-checkout, location-based services, mobile shopping and promotions, smart mirrors and dressing rooms, warranty management, asset tracking, store management/optimization, inventory management, loss prevention, and much more.

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Keywords: RFID, retail supply chain, supply chain management, value chain, supply chain systems, supply chain solutions, logistics IT solutions