Hidden Loss of the Retail Industry - Stock in Transit

Hidden Loss of the Retail Industry - Stock in Transit

Hassan BinJamil ???? Hassan BinJamil ????

Hassan BinJamil ????

Founder 44NorthTech | Optimizing Inventory & Asset Visibility Multiple Items at a Time | RFID

发布日期: 2019年2月23日
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It is always an experience to see how RFID comes about to be used in ways innovative and inspiring by customers. Through the 9 years I have evolved as a student, admirer and salesperson of RFID and the inspiration has always been the customer. The day I went to make my first pitch, I was pitching speed, "RFID will scan your stock fast", I would claim. Today I know RFID is much more than that and one such is 'speed to market' my topic for today.

For a 10 million USD annual revenue business, the stock transit time losses can grow to as much as 270,000 USD. It is further compounded by manpower losses.

It is important to see beyond stock check and understand that RFID is 'speed' in all processes where bottlenecks exist.

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