Monthly Archives: June 2011
RFID, Retail's $800 Billion "Problem" and Your Back Room
OK, I’ll admit it. I’m shocked by the survey report released by IHL Group in May. The report says retailers worldwide lose $778.5 billion in revenues each year to Distortion–nearly $8 billion annually. That’s an astound viagra sale ing figure, but it isn’t the “shocker”. What stuns me is the fact that in this “new era” of RFID for retail, inventory distortion remains widely accepted as an immutable fact of running a retail operation. Consider the impact of inventory data. … Continue reading
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