RFID to the rescue

One of the main issues when implementing Merchandise Planning is the quality of data. There are a variety of reasons for this, but one of the main ones is the infrequency and inaccuracy of stock counting.

RFID is set to change all this. WIth RFID the retailer will know where each SKU is at all times, thus dramatically improving the quality of data available as a historic basis for planning, and on an actual basis for reforecasting.

Of course there will still be room for processing errors, but expect the quality of base data to improve dramatically. Now retailers just have to decide what to do with the data!