Tools Everyone In Retail Inventory Management Should Be Using to Manage Shrink

Retail shrink, including shoplifting, employee fraud and administrative errors, cost the global industry more than $128 billion last year, according to the latest Global Retail Theft Barometer. That is a staggering figure! How much did shrink cost your business? One way to help manage shrink and protect your business is to get a better handle […]

7 Reasons Why We Love RFID Technology… And You Should Too!

As more industries have adopted RFID, businesses of all kinds have discovered new ways to make the best use of this valuable technology. Here are some of the primary reasons why we here at SML RFID, along with retailers worldwide, love RFID technology. And if you want to be successful in business, you should embrace […]

What’s In a Name: Xterprise Becomes SML IIS

“It ain’t what they call you, it’s what you answer to.” –W.C. Fields When Dean Frew started his company in 2002, he knew he was onto something big. The ability of RFID to count vast amounts of product rapidly and with unprecedented accuracy had the potential to revolutionize the way hospitals operated, heavy vehicles and machinery […]

What Will Omnichannel Be Like In 10 Years?

At the National Retail Federation (NRF) Big Show this year, it was apparent that the entire industry is serious about omnichannel retailing and the opportunities that it offers. Exhibitors were tailoring much of their marketing and messaging toward omnichannel applications, such as online orders delivered to the store, and smart dressing rooms or video product […]

The Biggest Retail Problem – And How to Solve it With RFID

Let’s face it – there are many challenges in the retail industry. But of all the difficulties that those in the industry have to deal with, the biggest retail problem is visibility and accuracy. Think about it: if you don’t know exactly what inventory you have on hand and where it is located, then problems of […]