For the past 30 years, the apparel and footwear sector has managed inventory using the same SKU-based methods and barcode technology. Amid new omnichannel buying models, increasing retailer competition, and massive shifts in consumer behaviors, the need for improved inventory accuracy has never been greater.
SML’s item-level RFID for inventory management solutions enable retailers to know precisely what they have in order to deliver exactly what the customer wants, when they want it. From clothing and shoes to hard-to-tag items like sporting goods, SML ensures retailers have the insight needed to gain critical visibility into inventory flow. With inventory accuracy rates of 93-99% and drastically reduced out-of-stocks, apparel and footwear retailers using these solutions experience a tangible return on investment (ROI), resulting in cascading benefits across the entire retail enterprise.
- 93-99% item-level inventory accuracy
- Reduction of out-of-stock
- Inventory reduction in supply chain
- >50% reduction of internal shrink