Avery Dennison’s Post

Recent discussions at the National Retail Federation's Big Show have catapulted RFID to the forefront of retail innovation. Logistics expert Craig Austin Ph.D. explores how the technology improves inventory management, prevents theft, and even helps integrate online and in-store shopping experiences. cc: MarketScale #rfid #rfidtechnology #radiofrequencytechnology #retail #inventorymanagement

https://lnkd.in/g3FUQjPQ interesting article on the advantages of using rfid in retail. i have been seeing a lot of similar such articles recently. Indian retailers are you taking note

5 futuristic retail trends playing out in 2024: Technology is moving faster than ever. It’s hard to make a futuristic prediction that isn’t already playing out. Here are 5 futuristic “predictions” that are now in play in 2024: 1. RFID tagged products. Multiple retailer pilots to assist delivery pickers. 2. Contactless checkout. Load your cart and walk. Amazon, Sam’s Club, and others. 3. Robotic fulfillment and delivery. Kroger now testing robotic home delivery. 4. Voice Activated Smart Mirrors. Facilitates home try-ons. H&M, Macy’s, Timbaland, etc. 5. Digitally customized in-store experience. Think digital touch points that recognize you. Walmart’s Store of the Future, etal. Retailers are evolving rapidly to meet customers digitally. Smart brands are paying attention. ——— DM me or schedule a call for help. Growing Brands in retail with precision. Kroger, Walmart, Costco, CVS, Whole Foods, Albertsons, and More #ecommerce #cpg #cpgbrands #retailmedia #retailmedianetworks #futureofcommerce #retailgrocery

When someone mentions RFID technology, one immediately thinks of supply chain transparency. However, I think it's interesting how Amazon implemented Avery Dennison's RFID tagging to specifically improve customer experience, rather than solely focusing on their supply chain visibility. What are your thoughts on this? #Amazon #AveryDennison #RFID #traceability #supplychain

"Shopping3.1" - leverage the full potential of RFID in the value chain and hit a new chapter in customer engagement and in-store process efficiency. The collaboration between Avery Dennison with Just Walk Out technology by Amazon is Frictionless shopping is changing the retail game towards frictionless shopping. In today's fast-paced retail environment, customers are demanding a seamless and convenient shopping experience. Self-checkout technology is no longer just a trend - it's a necessity for retailers who want to stay competitive. Bill Toney shares his insights about our collaboration with #JustWalkOut and the trends he is seeing taking shape for 2024 in retail. #SelfCheckout #retail

“Although the test run of the new technology has ended, it underscores the emphasis retailers are placing on securing self-service checkout options like scan-and-go and self checkout. It’s also notable for its use of RFID technology, which has been around for decades yet is now gaining more traction at retailers like Walmart and Uniqlo.” #retailtrends #retailtechnology

🚀 Exciting Times Ahead in Retail: The #RFID Revolution 🌐 As we bid farewell to the traditional retail landscape, the future is shaped by cutting-edge technologies, and RFID is steering the ship towards the era of "Just Walk Out" experiences. This Forbes article breaks free from generic predictions, offering real-life insights into the dynamic shifts occurring in the retail space. #reatailinnovation #innovation

Customer demand for more choices will continue to increase the need for inventory accuracy by sku. Past methods of cycle counting or barcode scanning require additional touch and are prone to inserting more errors. Productized solutions using multiple passive signals produce audit and correction capabilities allowing unprecedented speed and accuracy- enabling successful shopping experiences. Utilizing RFID alongside complimentary technologies with inputs into machine learning models to automate corrections will create transformation and reimagine retail inventory management. Understanding the nuances of technology choices, signal taxonomy, and simplification for the best user experience for the associate equals delighted customers that get what they need- however they want to shop. Thanks to the dream team that is getting it done to deliver at scale. Much more to come... Mark Propes, Richard Penn, Bob Hoheisel, Mia Bohleman, Kislaya Tripathi, Maggie Gurganus, Robert Strobel, Kati M., Josh Osmon, Donald Busse, and Jeff Dobbs. #team #rfid #walmart