Tweet me!Solution From Vue Technology, Motorola, and Avery Dennison Delivers Increased Inventory Accuracy From Distribution Center to the Retail Store
Vue Technology, the leading provider of item-level RFID solutions, today announced that New Balance, the global athletic company, has successfully implemented an item-level RFID solution to track footwear from the distribution center to the corporate factory store. Using Vue Technology's TrueVUE Platform combined with tags from Avery Dennison Retail Information Services, and handheld and fixed RFID readers and antennas from Motorola's Enterprise Mobility business, New Balance has achieved its goal of the implementation -- greater inventory visibility and improved accuracy at the item level.
"Our goal was to gain improved visibility into item-level inventory levels at every step along the supply chain -- from the distribution center to the store backroom and all the way to the retail shelf," said Jim Tompkins, president and COO of New Balance. "The solution deployed by Vue Technology, Motorola and Avery Dennison has helped us to achieve greater than 99.5 percent item-level accuracy. As we continue forward into the next phases, we expect this visibility to enable reductions in receiving and replenishment labor costs, reductions in inventory levels and reduced stockroom retrievals."
Beyond yielding direct benefits, New Balance expects its experience and success will offer valuable insights to share with its retail partners. "We have consistently seen our customers experience dramatic results using item-level RFID," said Robert Locke, CEO of Vue Technology. "New Balance provides further proof that item-level RFID technology is able to deliver value in real-world environments today, and demonstrates how the TrueVUE RFID Platform is uniquely suited to help organizations achieve success with their RFID initiatives."
Vue Technology's TrueVUE RFID platform is the industry's first completely scalable item-level solution that enables unprecedented visibility into inventory levels, location and authenticity, while eliminating the prohibitive cost barriers previously associated with item-level RFID roll-outs. Benefits to retailers include enhanced customer experience, reductions in out-of-stocks and shrinkage, increased employee productivity and increased sales. The TrueVUE RFID platform has delivered dramatic results in numerous customer pilots and offers retailers the immediate resources necessary to complete an enterprise RFID roll-out.
"Vue Technology's ability to partner with other leading RFID providers such as Avery Dennison and Motorola enabled us to deliver a complete solution that exceeded New Balance's objectives for inventory visibility and paves the way for broader deployment of item-level RFID," added Locke. "We look forward to continued collaboration with New Balance and our partners in the future."
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