Survey: RFID embraced for inventory tracking
Lawrenceville, N.J. - Apparel and general merchandise manufacturers and retailers are using item-level, electronic product code (EPC)-enabled radio frequency identification (RFID) to enhance inventory visibility and respond to consumer demands for omnichannel options. According to results of the 2014 GS1 US Standards Usage Survey, more than half (57%) of retailers reported that they are currently implementing RFID, and another 19% planned to implement RFID within the next 12 months.
Additionally, 10.5% of retail respondents planned to implement RFID in 13-24 months. Respondents reported that on average 47% of items received by apparel and general merchandise retailers have RFID tags.
In addition, nearly half (48%) of the manufacturers surveyed responded that they are currently implementing RFID, and another 21% planned to implement RFID within the next 12 months. Eighteen percent planned to implement RFID in the next 13-24 months. Respondents reported that
The survey measured the usage of EPC-enabled item level RFID by both manufacturers and retailers (including manufacturers who are also retailers).