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The right product, in the right place, at the right time |
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Improving customer service can be the main differentiator for retail
and consumer products companies—and having the right product mix available
when and where they want it is key. Do you know what products are selling,
where? Can you track and replenish goods to keep the shelves stocked at
the right levels? RFID technology can help businesses more efficiently manage
the supply chain from the manufacturer to the distribution center to the
store. With RFID, retailers and consumer products companies have been able
to:
- Increase customer satisfaction by anticipating and meeting customer demand.
- Obtain real-time supply/demand data to enable a more flexible supply chain
and better decision making.
- Improve inventory management to limit out-of-stocks and overages.
- Enable automated sense and respond capabilities.
- Reduce shrinkage and improve loss management.
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