Is  RFID  the  Internet  of  Thing’s  (RFID)    Retail’s  New  Central  Nervous  

System?  

IntroducAon  Dean Frew President & Founder SML Intelligent Inventory Solutions (formerly Xterprise)

•  RFID software solutions founded in 2002 and acquired as division of SML Group in 2013

•  100’s of stores, 1,000’s of RFID devices, Billions of RFID transactions/year …. some of the largest In-Store & Supply Chain deployments in the World

•  Clarity™ is our SW technology •  Full solution offering available: Business Case

Consulting, Software, Hardware, Implementation Services, Tags and Support Services

info@sml-iis.com

www.sml-iis.com

@SMLiis

So,  the  IoT  is  made  of  (mostly)  “Non-­‐Important”  things...  

Unnecessary

Impractical

Uneconomical …to equip with a power supply for tracking purposes

…but still VALUABLE if placed on the “Important” things In Retail

What  70%  accuracy  looks  like  

If 70% doesn’t cut it for these things, why is it acceptable for the things that provide you and your business vital

information

IOT is about everything having a unique Identity… and

a Place and Time

How Will That Help Your Interaction With Customers?

The customer understanding & business value that can be gained from IoT (RFID)

is boundless

Did Suzy shop Amazon before buying the item in the store?

John is on-line and the store down the street has the shirts he likes on sale and in-stock, push him an add.

How many of my customers shop on their phone while in store?

What items does Sally view the most, but put back?

Do items on higher shelves get handled more than items on lower shelves?

What items does Fred want to know more info about?

Why does Mark look at CDs while his wife shops for children’s clothes, but he never buys?

What items am I most out of stock? Do I need to make more?

IoT  Is  A  Growing  Reality  In  Apparel/Footwear  Retail    

RFI

D

•  Stores

•  Distribution Centers

•  Factories

Adop

tion

Hard  Benefits  Around  IoT  For  Inventory  Management      

RFID •  Sales Lift •  Shrink Reduction •  More Effective Inventory

Management Processes •  Efficient Omnichannel Execution •  Inventory Reduction •  Improved Customer Service

RFID What Will Speed-up RFID Adoption In

Retail? •  More Real Retail Success Stories & ROIs

•  Solution Providers Need To Simplify Offering On-Ramp For Retailers And Stakeholders

•  Retailers & Brand Owners Should Be Open To Reevaluating Processes W/ New Best Practices

•  Focus Should Be On Pragmatic Improvements That Are Achievable

RFID Observed Success Factors?

•  Source Tag using GS1 standards… will pay off in long run and not complicate supply chain operations

•  Focus on Inventory Accuracy improvements and do what it takes to get there quickly … not customer experience

•  Most Products /Few Stores First … then Rollout to more stores

•  Integrate with Enterprise Systems everywhere you can… leverage the High Definition view of Inventory to maximize value

What If’s… Reality With RFID In Retail? •  You could stream line checkout for customers?

•  You stood in front of inventory and were told what needed to be moved to sales floor?

•  You could lookup, with confidence, what was in stock at stores close by?

•  You could, with confidence, fulfill an on-line order from store?

•  You could get all of this with an ROI of less than 12 months

What  Picture  of  Your  Business  Do  you  Want?    

Your World Today Your World Through IoT Lens

Thank  You  

Download the whitepaper “Is RFID the Backbone of the Internet of Things” at www.sml-iis.com

Visit SML Intelligent Inventory Solutions at www.sml-iis.com to understand the RFID business case for your specific organization, learn why Clarity is the number one software for item-level RFID for apparel

RFID in Retail Simplified!

Best Technology Best Usability Best ROI