Thursday, Feb 18
When: February 18, 2010 2pm Est
Speakers: Dean Frew, CEO Xterprise and Leslie Hand, IDC Global Retail Insights
The recent economic crunch has decisively demonstrated that retailers need lean, on-target inventories to succeed in a changed marketplace. But simply slimming down product inventories isn’t enough. Retailers need similarly lean execution throughout their enterprises in order to reap the benefits of this new business model. This RIS News Web Connections seminar, sponsored by Xterprise, will demonstrate how item-level RFID solutions are transforming “the detail of retail,” making store operations more efficient and helping to ensure that leaner inventories don’t mean disappointed customers and lost sales.
You’ll learn how leading retailer American Apparel has been able to improve the speed and precision of inventory cycle counts, gain a comprehensive view of in-store inventory, and reduce both shrinkage and out of stocks. Key results for American Apparel include
- 2%-8% increase in same-store sales
- 95%-plus inventory accuracy
- 50%-75% decrease in out of stocks
- Marked increases in employee productivity and customer satisfaction
To register for this event, click here.