MSM SolutionsMSM Solutions
  • CONTACT US
  • 1-800-832-3170
  • LOG IN
  • Technologies
    • RFID Technology
    • Barcode Technology
    • Mobile Technology
    • Printing Technology
    • Labels and Media
      • Ribbons and Labeling Services
  • Expertise
  • Industries
  • PortalTrack Solutions
    • Retail and Apparel Solutions
    • Manufacturing Solutions
    • Healthcare Solutions
    • Distribution & Logistics Solutions
    • Automotive Solutions
  • Service & Support
    • Barcode Models
    • Customer First Service and Support
    • Request Technical Support
    • Videos and Resources
    • Client Login and Restore
    • Zebra Trade-In Program
  • About
    • Videos and Resources
    • News and Blog
    • Our Leadership
    • Technology Partners
    • Careers
    • Contact MSM
ROI of RFID Distribution | MSM Solutions

The ROI of RFID in Distribution

Brett Wilkerson2018-02-28T16:37:54+00:00
By Brett Wilkerson Blog Posts, Distribution and Logistics, RFID

Today many brands are shipping items that contain RFID inlays for compliance. However, very few of these brands are leveraging the full advantages of using RFID in their own supply chain. RFID technology is especially necessary in the apparel, logistics, healthcare and manufacturing industries, as it is frequently used to easily track product, manage inventory levels and even curtail theft.
RFID has several benefits that mid-size companies and large enterprises can take advantage of within their distribution process to ultimately improve their return on investment. Implementing this technology enhances distribution efficiency and facilitates decision-making.

Omni-channel Support

When stores run out of the products customers are searching for, customers start to look towards the competition. Moreover, stockouts of products can hamper the customer experience. That’s why it’s key to have accurate inventory management. RFID inventory solutions prevent the stockout issue and can reduce out-of-stock items by as much as 50 percent.

For example, upscale discount retailer Target adopted RFID inventory solutions to help manage its inventory starting in 2015. By attaching smart labels to products using RFID tagging, the company was able to improve stock accuracy. Target linked its success in improved sales in 2016 to RFID technology due to its capabilities that helped enhance management of inventory costs and improved operational efficiency. This also aided in enhancing Target’s ability to keep items in stock across its then-1,795 stores. Apparel retailer and department store Macy’s also has experienced the benefits of RFID technology, as it helped it to reduce its out-of-stock items. As a result, the company’s sales increased by over 200 percent.

Accelerate and Streamline Product Returns

Many large retailers are leveraging RFID distribution solutions to make the return process of their products easier and faster. For instance, Target decided to track items on an individual level using RFID tags because of its high volume of returns for online orders. RFID tags help to reduce the time it takes for workers to process returns manually since items can be read in bulk. This technology helped Target track returned items easily throughout the return process and altered how the company managed inventory to improve its return on investment.

Improved Shipping Levels

You can also leverage RFID logistics to enhance your distribution with on-time deliveries. That’s because RFID has built-in accuracy, and it can provide more than 98 percent accuracy for inventory management. Moreover, you can achieve shipping accuracy at some of the highest levels thanks to the power of RFID technology’s 100 percent inventory check capabilities. With improved accuracy, you can your lower distribution costs and ensure the right products are being delivered to the right locations.

Final Thoughts

Keeping track of your inventory and reducing situations that cause delays in shipment or stockouts is vital to enhancing your distribution process. You can improve your distribution process by investing in RFID logistics solutions.

PortalTrack from MSM Solutions helps you harness the power of RFID technology by providing a variety of RFID inventory solutions from RFID apparel solutions to RFID logistics. From streamlined product returns, enhanced shipping levels and facilitation of omni-channel processes, you can take advantage of the immediate benefits RFID brings and get a better return on your investment in distribution.

 

Share this post

FacebookTwitterLinkedInGoogle +Email

Author

Brett Wilkerson


Related Posts

RFID Tracking of Lab Samples Prescribed for Healthy Growth

As the number of Americans with health insurance continues to increase, the healthcare industry is keeping pace with rapid... read more

RFID and The Future of Manufacturing

In recent years, a series of innovations have emerged to bring the manufacturing industry into a new evolutionary stage. The... read more

MSM Solutions Nashville RFID Barcode

MSM Solutions Opens Nashville Office to Support Customers for RFID and Barcode Solutions

— MSM Solutions a Global provider of Barcode and RFID Solutions is opening a regional office in Nashville. — MSM... read more

RFID Healthcare | MSM Solutions

Top 5 Ways RFID Technology is Being Used in Healthcare 

RFID technology provides an automated and reliable data capture system that helps enable hundreds of healthcare applications to improve... read more

Printer in Manufacturing

Is Your Barcode Printer Vulnerable?

When you consider enterprise IoT, information security, and the potential for data breaches in warehouse operations, your first concerns... read more

Best Free Barcode Generators | MSM Solutions

Best Free Barcode Generators

Barcodes are now used not just to track inventory, but on admission tickets, for advertising, in gaming and even... read more

5 Reasons to Update Your Mobile Devices

The state of warehouse operations is changing. High-volume fulfillment operations require more item-level picking and returns. There’s a growing... read more

Mobile Computers

Disinfect and Protect Your Zebra Mobile Devices

Right now, we’re all getting a lesson on how important it is to wash our hands, avoid touching our... read more

RFID Enables Real-Time Warehouse Visibility for World's Largest Men's Accessory Company

RFID Enables Real-Time Warehouse Visibility for World’s Largest Men’s Accessory Company

MSM Solutions, a global provider of RFID and barcode solutions, implemented RFID tracking solutions for real-time inventory management at... read more

Supply Chain Disruptions are Rampant Due to COVID-19

How to keep things connected from manufacturing to distribution to delivery with RFID Supply Chain If you spent any time... read more

Latest Posts

Serving up Software: 4 Reasons why BarTender is an Industry Favorite
RFID Inventory Management
5 Reasons to Update Your Mobile Devices
Secure Mobility and Printing
Supply Chain Disruptions are Rampant Due to COVID-19
Printer in Manufacturing
Is Your Barcode Printer Vulnerable?

Archives

  • January 2021
  • November 2020
  • October 2020
  • September 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • October 2019
  • September 2019
  • June 2019
  • May 2019
  • March 2019
  • February 2019
  • December 2018
  • November 2018
  • October 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • November 2017
  • September 2017
  • June 2017
  • March 2017
  • February 2017
  • January 2017
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • May 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • August 2015
  • June 2015
Get in Touch!

MSM Solutions – Barcode and RFID Integration

  • Address: 2677 Mount Moriah Terrace Memphis, TN 38115
  • Phone: (901) 360-8207
    (800) 832-3170 Toll Free
  • TECHNOLOGIES
  • EXPERTISE
  • INDUSTRIES
  • PORTAL TRACK SOLUTIONS
  • SERVICE & SUPPORT
  • ABOUT

LATEST NEWS

Serving up Software: 4 Reasons why BarTender is an Industry Favorite
RFID Inventory Management
5 Reasons to Update Your Mobile Devices

Follow Us

FacebookTwitterYoutubeLinkedinGoogle +
MSM Solutions
© 2018 MSM Solutions All Rights Reserved.
  • Technologies
    • RFID Technology
    • Barcode Technology
    • Mobile Technology
    • Printing Technology
    • Labels and Media
      • Ribbons and Labeling Services
  • Expertise
  • Industries
  • PortalTrack Solutions
    • Retail and Apparel Solutions
    • Manufacturing Solutions
    • Healthcare Solutions
    • Distribution & Logistics Solutions
    • Automotive Solutions
  • Service & Support
    • Barcode Models
    • Customer First Service and Support
    • Request Technical Support
    • Videos and Resources
    • Client Login and Restore
    • Zebra Trade-In Program
  • About
    • Videos and Resources
    • News and Blog
    • Our Leadership
    • Technology Partners
    • Careers
    • Contact MSM

Latest Posts

Serving up Software: 4 Reasons why BarTender is an Industry Favorite
RFID Inventory Management
5 Reasons to Update Your Mobile Devices
Secure Mobility and Printing
Supply Chain Disruptions are Rampant Due to COVID-19
Printer in Manufacturing
Is Your Barcode Printer Vulnerable?

Archives

  • January 2021
  • November 2020
  • October 2020
  • September 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • October 2019
  • September 2019
  • June 2019
  • May 2019
  • March 2019
  • February 2019
  • December 2018
  • November 2018
  • October 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • November 2017
  • September 2017
  • June 2017
  • March 2017
  • February 2017
  • January 2017
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • May 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • August 2015
  • June 2015