Macy’s RFID effort boosts sales, fulfillment 

Supply chain and logistics news

Dive Brief:

• Macy’s bid to employ RFID technology to all stock by 2017’s end is already making a positive difference for the store, Retail TouchPoints reported Wednesday.
• RFID tagging has so far helped Macy’ lower inventory variance by to 2-4.5%, decrease display shortages from 30% to 4-6% and reduce markdowns enabling a 2.6% full-price sale increase in the Women’s Shoe Department (WSD), according to data from Macy’s analyzed by the Platt Retail Institute.

Source: Macy’s RFID effort boosts sales, fulfillment | Supply Chain Dive