Strategic Implementation with Major Department Store Retailer Recognized as one of 100 Great Supply Chain Projects
SCHAFFHAUSEN, Switzerland — May 13, 2013 —Tyco Retail Solutions (www.tycoretailsolutions.com), a leading global provider of retail performance and security solutions, has been named to the 2013 Supply & Demand Chain Executive 100. This year’s list recognizes the 100 greatest supply chain projects and the solution and service providers driving those initiatives. Tyco Retail Solutions’ innovative item-level Radio Frequency Identification technology (RFID) implementation at a major US department store retailer was selected for its ambitiousness, creative application of technology and for the business impact it delivered.
Company leaders at the major department store retailer launched a forward thinking omni-channel initiative to maximize inventory, selection, and buying opportunities available to their shoppers. At the heart of this strategy was a commitment to leverage RFID technology. By partnering with Tyco Retail Solutions and deploying the company’s TrueVUE retail platform and Inventory Visibility solution, the retailer will be able to track inventory throughout all 800 store locations and various distribution centers across the enterprise. As a result, the retailer has achieved greater inventory accuracy, faster and more accurate cycle counts, improved customer satisfaction, and increased margin and revenue. To learn more about how Tyco Retail Solutions helps retailers leverage RFID for item-level inventory visibility please read our case study here.
“Improving the customer experience is top of mind for every retailer, which is why so many are embarking upon omni-channel initiatives driven by item-level RFID technology. We are honored to be recognized by Supply & Demand Chain Executive for our ongoing commitment to provide proven, innovative solutions that deliver business results to our retail customers around the world,” commented Nancy Chisholm, vice president and general manager, Tyco Retail Solutions.
Supply & Demand Chain Executive is the executive's user manual for successful supply and demand chain transformation. In 2012, Tyco Retail Solutions won Supply & Demand Chain Executive’s“Green Supply Chain Award” which recognized companies that both embrace "green" practices and sustainability as a core element of their supply chain strategy as well as assisting their customers to achieve measurable sustainability goals.
The 2013 Supply & Demand Chain Executive 100 recognize the supply chain solution and service providers that are helping their customers and clients achieve supply chain excellence. Organizations named to this list have produced measurable gains in ROI through cost-cutting, and increased efficiency, whether in warehouse, transportation, procurement sourcing or any other category in the end-to-end supply chain. More than 200 projects were submitted for consideration to the 2013 Supply & Demand Chain Executive 100. For more information please visit www.SDCExec.com.
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Published on 5/12/2013 Permalink