Shared Technology News:
RFID Technology Improves Inventory Management and Pays Additional Dividends

Retailers are turning to RFID technology to solve some of their biggest challenges — from missing inventory to rising labor costs. According to a recent HFA article, "RFID technologies help retailers improve revenue and cost performance via better shrinkage reduction, more accurate inventory management (potentially reducing the number of out-of-stock occurrences), and lower labor costs."
Excerpt: "RFID can help a retailer’s transition to seamless omnichannel operations, allowing for distribution network inventory data, supporting online purchases, in-store pick-ups, and same/next-day deliveries. Retailers and their marketing partners can also create cross-selling opportunities by better understanding the location and quantity of inventory throughout any distribution network component."
See more ways RFID is transforming retail operations and boosting efficiency: https://myhfa.org/rfid-technology-improves-inventory-management-and-pays-additional-dividends/
TDX Tech can help your business procure, stage, deploy, and install the latest RFID technology at all your brick-and-mortar stores, warehouses, and distribution centers. Learn more: https://www.tdxtech.com/technology-services/it-lifecycle-management/
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