Press release
A Completed PDF Guide to RFID
RFID can track the movement of materials and products throughout the manufacturing and supply chain, from factories to retail stores. It helps improve efficiency, prevent errors, reduce costs, track inventory levels, and prevent theft.The increasing demand for inventory management propels the adoption of RFID technologies in retail stores. In June 2023, apparel brand Pacific Sunwear of California Inc. (PacSun) deployed RFID in its three stores to improve inventory accuracy. According to PacSun, RFID helps them improve their inventory with 98% accuracy, up from 70%. Additionally, in March 2023, American Eagle Outfitters Inc., Victoria's Secret & Co., and Nordstrom Inc. announced that they are expanding their use of a new generation of RFID chips to enhance a supply chain information. The RFID will help to narrow the gap that widens when customers try on and move goods about a shop. Approximately 500 American Eagle stores in New York will be equipped with RFID market share technology. Such type of deployment is helping to boost the revenue for RFID market player.
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Assa Abloy AB
Honeywell International Inc
OMRON Corp
Siemens AG
MIWA LOCK Co Ltd
Impinj Inc
dormakaba Holding AG
Bar Code India Ltd
APK Identification
Zebra Technologies Corp and Others
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