This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Avery Dennison Partner Marks & Spencer Awarded Best RFID Implementation

At the RFID Journal Live! 2014 conference in Orlando, Florida, RFID Journal today announced that Marks & Spencer (M&S) has won the Best RFID Implementation Award for its use of item-level RFID to improve on-shelf availability at all of its stores. As the winner of a Best RFID Implementation Award, Marks & Spencer demonstrated the best use of RFID technology in improving its supply chain and retail operations.

As the largest UK clothing retailer with 766 UK stores, M&S is focused on providing an exceptional customer experience to the 21 million shoppers who visit its stores each week by ensuring that the correct product mix is available in-store and online. Since partnering with Avery Dennison in 2003 for RFID on clothing, Marks & Spencer has moved to 100% RFID tagging for all its general merchandise to create accurate, holistic tracking of stock throughout its supply chain. As a result, M&S has improved inventory accuracy up to 50% and cut out-of-stocks by 30-40%.

Kim Phillips, head of packaging for Marks & Spencer, comments, “Marks & Spencer is honoured to win a Best RFID Implementation Award for our decade-long commitment to the technology. Having accurate stock information is a driver for our whole business, especially when it comes to omni-channel. Our partnership with Avery Dennison has been vital to the management of stock levels and ensuring that the correct product mix is always on display and available to our customers. The benefits we’ve experienced with item-level RFID go far beyond quantifiable savings and production times, allowing us to provide an enhanced customer journey that keeps us competitive in today’s challenging omni-channel retail environment.”

Working closely with M&S, Avery Dennison RBIS has developed RFID tags that are fully integrated into a complete range of labels and tickets. Currently there are multiple tag formats that use different color codes for each size. To date, Avery Dennison RBIS has supplied over one billion RFID tags to M&S with no data loss. Additionally, over 200 factories in twenty countries apply RFID tickets and labels for distribution in stores.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,826.30 -279.47 -1.54%
S&P 500 2,081.18 -23.81 -1.13%
NASDAQ 4,931.8150 -75.9760 -1.52%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs