If you’ve searched at all for technology solutions that can deliver serious ROI for your stores, you’ve likely run across radio frequency identification (RFID).

RFID inventory solutions can make an enterprise-wide impact from source to store, driving sales, reducing out-of-stocks and markdowns, and helping retailers deliver on omnichannel customer commitments.

While the benefits are abundant, concrete financial answers to key questions like expected ROI, payback, and adequate investment levels — can be a bit more scarce.

That’s why we put together this new RFID ROI Estimator.

With just a few clicks and some basic information about your merchandise and stores, our estimator will give you a detailed breakdown of the metrics that matter most to help you make — and champion — your decision across the enterprise.

Come and explore this easy-to-use tool to determine how and when to invest in RFID inventory solutions for your stores.

RFID technology has been a valuable tool in retail. By helping to automate otherwise manual tasks like cycle counting, replenishment, receiving, searching for merchandise, and more, RFID technology achieves highly accurate inventory levels and reduces the time and effort needed to accomplish many lengthy and labor-intensive tasks. It offers unmatched item-level accuracy from source to store, providing significant advantages to retailers, store staff, and shoppers alike.

Through RFID, retailers can protect their bottom lines, avoiding costs from out-of-stocks and markdowns and saving on labor. In the store, store teams can accomplish more of their daily tasks faster — empowering limited staff to excel at delivering for their customers. This allows employees to spend more time assisting customers and making sales, ultimately delivering more revenue and creating better shopping experiences.

This advantage cannot be overstated in today’s omnichannel retail environments, and customer experience is creating a new imperative for retailers to adopt RFID. More and more, physical stores are absorbing fulfillment-center duties, acting as physical extensions of their online brands. Customers confirming store inventory online before a visit, placing an order for in-store pickup, or scheduling at-home delivery, rightfully expect advertised items to be in stock and available.

Achieving high levels of inventory accuracy will enable retailers to provide positive shopping experiences across all channels, preserve their brand reputations, and drive customer loyalty for repeat business in this new landscape.

Implementing RFID technology for inventory management can initiate enterprise-wide transformation, yielding advantages for most retailers. Through enhanced inventory accuracy and automatic product counting, retailers can reduce out-of-stocks and markdowns, save on labor costs, and deliver exceptional omnichannel shopping experiences.

Once you’ve run your own calculations through the RFID ROI Estimator, take the next step and schedule a demo with a Sensormatic Solutions specialist today to find the right RFID inventory solutions for your organization.