Are you struggling to manage your inventory in today's omnichannel retail environment? Out of stock of the must-have item in-store, while it sits in a warehouse ready to fulfill nonexistent online orders? Inventory transparency, both for merchants and consumers, is critical to retail success. RFID technology — the wireless use of electromagnetic fields to transfer data for the purpose of identifying and tracking tags attached to objects — could be the answer to your inventory management needs.
In this podcast with Melanie Nuce, vice president, apparel and general merchandise for GS1 US, an information standards organization that helps retailers solve supply chain problems, she discusses the key findings to emerge from GS1's recent Standards Usage Survey, how those findings impact retailers and provides tips on how you can implement RFID technology into your business.