With omni-channel, mobile, online competition and other forces at play, retail is in a state of dynamic transformation. Item-level RFID is playing a role in that transformation and major retailers are starting to adopt it in a big way.
Recently, several wholesale distribution industry groups published data showing mostly steady growth in the last decade for their members in such verticals as auto parts, health and beauty, furniture, industrial, and food. In fact, many have outperformed other sectors of the U.S. economy, and this year and next are no different.
Walmart, Macy's, JCPenny, Marks & Spencer, Façonnable, American Apparel, and others are implementing item-level RFID in a big way. Last year, well over one billion apparel items were tagged. That number is expected to rise substantially this year.
Some of the biggest names in retail"”such as Walmart, Macy's, Marks & Spencer, Dillard's, JCP and others"”have implemented large-scale item-level RFID initiatives, in full production rollout. These have big implications for suppliers.
For many years, people have been talking about the rising importance of multi-channel and using the term omni-channel to describe the complete and seamless integration of the customer's experience across multiple channels.
Four years ago, Caribou coffee's supply chain was managed with spreadsheets. Their only method of gauging demand was the order-fill numbers of product leaving the warehouse - basic replenishment. The team knew they were missing a big opportunity - accurate visibility to drive a more efficient operation, right-size inventory, improved customer service, as well as the expansion of product sales. The supply chain team also knew they were faced with a lot of risk. Could they respond to demand variability?
Of course mobile is important"”really important. There is a huge platform war under way among the Android, iOS, and Microsoft operating systems that intersect with an array of hardware players that intersect with social and search giants. And for the aggressive and innovative players, the stakes are high as they move in the battle for market share.
Everyone is changing their user interface these days"”even new automobiles have touch screens rather than buttons. However, not all UIs are created equal. Some of them are just pretty faces.
In 2012, more and more analysts and pundits pronounced the return of manufacturing onshore to the U.S. or near-shore to Mexico (or the Caribbean). Is this real and lasting, what is causing it, and what does it mean for supply chain managers?
Each year ChainLink Research conducts a survey to provide insights into the business challenges companies are confronting and what methods they may turn to-both human capital and technology-to address those challenges.