Retail

Transformative solutions for the new era of retail.

Industry Challenges

The importance of having a high level of inventory accuracy in retail is nothing new, but it’s even more essential in today’s rapidly evolving environment where consumer buying habits have changed.

Without RFID solutions in place, retail inventory accuracy rates can be as low as 65%. While this presents significant challenges for day-to-day operations, such accuracy rates are also far too low to deliver a compelling buy online, pickup in-store (BOPIS) offering. Today’s successful retailers need to give their customers peace of mind that the items they purchase online are available to pick up in-store where and when they want them.

SML’s item-level RFID for inventory management solutions enable retailers to know precisely what they have in stock at all times, so they are able to deliver on their customers’ expectations. With inventory accuracy rates of 98% and drastically reduced out-of-stocks, retailers using these solutions experience tangible return on investment (ROI), resulting in cascading benefits across the entire retail enterprise.

Benefits of Item-Level RFID for Retail

  • >98% item-level inventory accuracy
  • Reduction of out-of-stock 3%-9% sales lift
  • Inventory reduction in supply chain between 5%-12%
  • >50% reduction of BOPIS cancel rate
  • >50% reduction of internal shrink

Related Solutions


Trusted by the world’s leading retail brands


Real-World Success

How We Help
“Before RFID, we thought that every item shipped to the store would end up on the shop floor, but that was not the case,” says Johan Stenström, Stadium’s supply chain developer. “Items were misplaced, lost or stolen and never surfaced in our ERP system. It meant that items that we made in China, had shipped to Sweden, and distributed to our stores were never sold because they got stuck, misplaced or lost in the backroom 10 meters from the customer. This was not acceptable. Now we get a replenishment list in real time of the items that should go out on the shop floor.”
“Teamwork and communication between F&F and SML have been the main reasons why this project has been successful. SML has provided excellent account management, smooth processing of vendor orders, flexible production planning and above all a strong desire to work with F&F. “

How We Help

SML offers comprehensive, value-driven solutions — from item-level RFID technology to brand identification innovations — that meet the needs of retailers globally.

Our printing and encoding solutions — produced by the industry’s largest in-country service bureau network — are designed to meet ever-changing retail demands, delivering both RFID and non-RFID products to brands and retailers around the globe, in less time and from more locations. From in-plant printing and seamless RFID tag technology to a wide spectrum of brand identification form factors supporting all product types, our breadth of product offerings and depth of experience ensures the best results for our customers and their unique brand needs.

9+ Billion

Items Connected with Digital ID

5,000+

Stores Deployed with Our Item-level RFID Solutions

#1

Enterprise Item-Level RFID Software Platform

600+

Brands Served Globally