Radio frequency identification (RFID) in retail has been a boon to thousands of businesses worldwide. In a non-RFID environment, one would be hard pressed to keep track of the thousands of items coming in and out of a store every single day. That certainly presents many challenges to business owners, namely: delays in replenishing stocks, missing items, incorrect tagging of items, and so much more. Thus, a question arises: how can a business tighten up its operations, without the use of complicated and tedious manual systems?
Thankfully, RFID has long been a part of retail operations since it was first introduced in Singapore. The constant innovation of RFID tag technology in the Singapore supply chain has afforded numerous advantages for retailers island-wide, especially when it comes to areas like logistics, warehousing & inventory, and fulfillment. Large fast fashion brands in particular, which see upwards of 100 customers a day, have integrated their stores with near-field communication (NFC) tagging solutions to get things done right.
In a pandemic setting, retail is no longer restricted to the confines of a physical store. Through the advancement of e-commerce, many stores have adapted an alternative for customers to shop online instead. With RFID-tagged items, personnel can simply scan items and send them off for delivery, allowing visible online tracking for both the store and the customer.
From a business perspective, purchasing and distribution of items are also streamlined. For example, a worldwide brand’s distribution of apparel across individual outlets can be simplified through this way: with the mere scan of an item, the company database gets updated accordingly to reflect the whereabouts of certain deliverables.
Warehousing and Inventory
From the start to the end of the supply chain, items that are assigned with a tag no longer need to be manually checked and counted. This includes items that are stocked at a warehouse awaiting delivery, stored within the store’s stockroom, or displayed within the store premises itself. Thanks to RFID, staff are given accurate, real-time tracking of items across the supply chain.
With an easy-to-operate reader available as well as accessibility to the main database, businesses no longer need to worry about visibility when it comes to clothing items. Presenting an exact location on the whereabouts of items, they no longer need to worry about missing stock.
With full visibility comes clear monitoring. When stock is low, individual stores can order replenishment in exact quantities, eliminating the need of making blind estimates as to which items sell better than others. This easily reduces cost and eliminates the possibility of overruns throughout each outlet. Other times, thanks to the centralized database, the upper supply chain itself can initiate the replenishment of stock without having to wait for periodic reports.
With its plethora of benefits, RFID tool tracking system in Singapore fashion retail is an advantage not to be disregarded. With it, all types of businesses (not just in the retail industry) can enjoy accurate, secure, and ultimately cost-effective practices for the long-term.