The facts are clear: EPC-enabled RFID can boost inventory accuracy to more than 97%. Other statistics are equally as compelling: a 1% reduction in out-of-stocks can equal a $1 million increase in sales lift per store.
A successful RFID implementation can positively affect a number of business processes, including merchandise planning, order management and space optimization. Not to mention the improvement in customer satisfaction when inventory is in the right place at the right time.
This Executive Brief titled: The True ROI Of RFID sheds light on the business imperatives of an RFID implementation.
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