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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	
  	
  
RFID
•  Stores
•  Distribution
Centers
•  Factories
Adoption
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

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Is RFID Retail’s New Central Nervous System?

  • 1. Is  RFID  the  Internet  of  Thing’s  (RFID)     Retail’s  New  Central  Nervous   System?  
  • 2. 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
  • 3. 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
  • 4. 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
  • 5. IOT is about everything having a unique Identity… and a Place and Time How Will That Help Your Interaction With Customers?
  • 6. 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?
  • 7. IoT  Is  A  Growing  Reality  In   Apparel/Footwear  Retail     RFID •  Stores •  Distribution Centers •  Factories Adoption
  • 8. 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
  • 9. 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
  • 10. 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
  • 11. 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
  • 12. What  Picture  of  Your  Business  Do  you   Want?     Your World Today Your World Through IoT Lens
  • 13. 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