How SML’s RFID Solutions is Helping World’s Top Brands: Retail Technology Show 2022
This year’s Retail Technology Show (RTS) reunited the UK industry for the first time in two years, bringing together retailers, vendors, thought-leaders, and trailblazers from around the world. SML RFID made sure to not miss out on the action, exhibiting at the two-day event, with CTO and SVP Dean Frew also hosting a panel discussion on the current boom in item-level RFID adoption within the supply chain.
RTS 2022 brought together more than 6,000 attendees, over 200 exhibitors, 90 expert speakers, and over 80% of the UK’s top 25 retailers and brands. With retail finally face-to-face in England’s capital after a long hiatus, what trends and takeaways will be shaping the sector in the coming months and years?
Don’t overcomplicate the retail fundamentals
Getting swept up in the latest fad can be damaging to brands. Whilst being aware of trends and innovative ideas is always key – such as how BOPIS and BORIS offerings boomed within the past year as retailers look to navigate the new era of retail – it is vital to not lose sight of the basics.
SML’s recent research, ‘State of Retail Insight Report: Better Serving Customers Through Technology’, found that 43% of retailers believe enhanced stock level visibility would help them better serve customers and increase the overall customer experience. The report also found that 48% of UK and US retail decision-makers experience that out-of-stock items are the primary challenge for retailers in the current climate.
To find out more about how item-level RFID can enable your business to adopt these trends, contact info@sml-rfid.com
