South Africa's TFG deploys RFID to drive stock accuracy

Half-way through an ambitious 24-month RFID roll-out, South African based retail group TFG is reporting cost savings and significant cuts in stock counting time.

The group operates 28 fashion retail brands in over 4000 stores across 32 countries, with chains including Fabiani, The Fix, Foschini, G-star Raw, Sportscene, Relay Jeans, Phase Eight and Whistles.

It has put RFID at the centre of a seven-year 'digital transformation programme,' with improved inventory accuracy seen as key to its long term omni-channel strategy.

To read the whole article, please visit:
Just-Style.com

Retailer rolls out RFID across 1000 stores...

RFID Journal News Jul 26, 2019 - South African fashion retailer The Foschini Group (TFG) has launched a UHFRFID solution across 500 stores throughout a four-month period for its Markham brands, with plans to apply RFID to its products company-wide. TFG's goal is to bring its inventory accuracy to between 95 and 98 percent, thereby preventing out-of-stock events in stores, while enabling "buy online pick-up in store" (BOPIS) sales in the near future. The program was launched in February 2019, and the company expects to have the technology live at 1,000 stores by the end of this year.

Martin Kurc, TFG's senior operations business process manager, and Michelle McCann, the company's RFID project manager, presented their RFID technology strategy and experiences at RFID Journal LIVE! Retail at RetailX, held in Chicago in June 2019. The solution is provided by RIoT Insight. With the system in place, Kurc says, the company can count inventory at a 51,000-unit store within only a few hours, typically by a single employee, while the same process with barcode inventory-based counters took several days with a store's full team pitching in. For the full story, please click here: Retailer rolls out RFID across 1000 stores…

The Foschini Group (TFG) implements the RIoT Insight Solution

4,000+ store group represents one of the largest RFID projects in the world.

 CHICAGO — June 27, 2019—RIoT Insight, Inc. is pleased to announce the successful implementation and continuing rollout of the RIoT RFID solution with The Foschini Group (TFG), based in Cape Town, South Africa.

 TFG comprises over 4,000 stores across 28 separate brands in 32 countries spanning five continents with more than 27,800 employees. TFG Africa represents the most significant market for the company, accounting for over 2650 locations, followed by TFG London with 935 retail outlets across Europe, and TFG Australia with over 447 outlets across Asia Pacific, Australia and New Zealand. 

 Their digital transformation serves as a beacon to modern retailers, seeking to meet the needs of the modern consumer. “Click and collect has become critical in our business,” says Brent Curry, CIO at The Foschini Group, South Africa.  “When we look at true omnichannel, we believe that we need to fulfill customer requirements from anywhere, anyhow and from anyplace. For that we needed to have stock accuracy in our stores, as well as our distribution centers.”

 He continues that in order to achieve this “…the group has adopted a digital transformation program, and it’s been driven from the board down to all of our brands, locally and abroad. One of the key drivers within this program is RFID, which was mandated by the board as being critical to meet the objectives of our digital transformation to support our omnichannel strategy. And we wanted a quick roll out of RFID of 24 months for all our brands.”

 After a comprehensive multi-vendor live trial selection process, TFG selected RIoT Insight as their in-store RFID solution vendor, based upon the solution fit and scalability, as well as RIoT’s ability to tailor their solutions to meet the unique needs of their business and brands.

 This aggressive roll-out is now underway, currently at 500 stores, at a rate of 40 per week, making the TFG implementation not only one of the largest RFID rollouts in the world but potentially the fastest as well.  Further, this implementation is likely the most diverse in the world, with brands in almost every format and retail segment, from sporting goods to fashion, footwear and general merchandise – all managed at scale on the RIoT Platform.

 About Us

RIoT Insight, Inc. is a leading provider of RFID store solutions to innovative retailers and brands.  The RIoT solution allows retailers to achieve 98%+ inventory accuracy in order to increase omnichannel sales and improve the consumer experience.  The RIoT Insight Suite is designed to aid rapid deployment through ease of use and streamlined integration to existing POS, OMS and digital solutions.  RIoT Insight is currently working with leading fashion retailers around the world, with a focus on the apparel, footwear and luxury segments.

Information:      

RIoT Insight, Inc. 

info@riotinsight.com

mobile: +1 206.499.6895

www.riotinsight.com

hello, world. Upstart RIoT Insight gains momentum as disruptive alternative to traditional retail RFID.

CHICAGO — June 27, 2019—RIoT has been quietly amassing major customer wins over the old guard in head to head multi-vendor live competitions - winning every time. 

Why RIoT?

Leading brands selecting RIoT cite lower cost, rapidly tailored solutions and deep in-store retail expertise as differentiating factors.  “We are maniacally focused on disrupting retail RFID with radical economics and purpose-built solutions that deliver high value, at scale and speed,” says Darren Williams, RIoT Co-founder & CEO. “And, it’s working,” he adds.

 RIoT’s retail RFID solution is offered at less than half the price of old guard systems and includes everything.  Even implementation.  This dramatically lower software and implementation pricing coupled with already lower tag and hardware costs is making complete RFID solutions truly practical for mainstream retailers for the first time.

 Retailers are also realizing that RFID is not OSFA (One Size Fits All) and that their businesses have unique requirements.  RIoT stands apart in rapidly responding to customer development requests and incorporating them in the base product - simply moving faster than larger companies.

 With decades of retail in-store operations and systems experience, RIOT brings credibility and expertise to its implementations - making RIoT distinctly different than traditional supply chain, hardware and tag focused suppliers.

 RIoT is now driving RFID projects across the globe in more than 34 brands in 32 countries and representing over 5,000 stores.  RIoT’s success and growth is highlighted by the major rollout underway at The Foschini Group.  With 500 stores implemented since February, the rollout is proceeding at more than 40 stores per week and will encompass 4000+ stores making it among the largest RFID rollouts in the world and potentially the fastest as well.  Further, this implementation is likely the most diverse in the world, with brands in almost every format and retail segment, from sporting goods to fashion, jewelry, cosmetics, home furnishings, electronics, and general merchandise – all managed at scale on the RIoT Platform.

 The RIoT Solution

RIoT deploys centrally from the cloud or on-premise, providing a continuously updated ledger of inventory by location/store, enabling 99%+ inventory accuracy to drive omnichannel sales and a great customer experience.   The RIoT inventory API scales to thousands of stores and millions of SKUs and can be integrated with any existing digital, OMS and ERP solutions.  In addition, the RIoT Insight dashboard empowers real-time inventory analysis, decision making and visualization.

 In the store, the RIoT platform supports both handheld and overhead RFID readers and sensors, offering a range of simple to deploy and use solutions. RIoT integrates with your existing POS as a basis for checking and maintaining continuous accuracy between inventory scans.  As a result, the operational and compliance burden is minimized, allowing rapid deployment to your stores and speeding time to benefit.

 The RFID and RIoT Backstory

As you know, RFID has been hanging around retail for a long time with mixed results – the best evidence of that being the failed pilots and stalled rollouts in the rear-view mirror.  No more.  You don't need to reinvent your supply chain to get to 98+ percent accuracy in your stores.  The new normal use cases that retailers and brands must support are pick-up and ship from store.  To this, RIoT delivers a near real-time view of inventory by location, i.e.  your “Available to Promise,” dynamically connected to your digital, OMS and ERP solutions to drive sales and customer satisfaction, faster and more economically.

 Come see what we’re doing right now with leading retailers and brands around the world. 

 About Us

RIoT Insight, Inc. is a leading provider of RFID store solutions to innovative retailers and brands.  The RIoT solution allows retailers to achieve 98%+ inventory accuracy in order to increase omnichannel sales and improve the consumer experience.  The RIoT Insight Suite is designed to aid rapid deployment through ease of use and streamlined integration to existing POS, OMS and digital solutions.  RIoT Insight is currently working with leading fashion retailers around the world, with a focus on the apparel, footwear and luxury segments.

Information:      

RIoT Insight, Inc. 

info@riotinsight.com

mobile: +1 206.499.6895

www.riotinsight.com

CUE THE MONTAGE MUSIC

We’ve been quiet. We know.

Maybe it’s because we’ve been out growing beards, chopping wood, running through snow banks and ice cold rivers, lifting rocks, and speed climbing majestic snowy mountain peaks. (Actual footage!) Or maybe it just feels that way.

But to speak plainly, we’ve been heads down in one of the world’s largest and fastest retail in-store RFID projects. Yes us. The little guys. The underdog. Volumes of data, millions of EPCs, multiple brands, hundreds of stores already live and thousands more in the queue, culminating in the ultimate opportunity to performance tune our elastic cloud platform. The results are amazing, showing we can walk the walk after talking the talk.

In just over a month, you’ll get the chance to hear this story live at RetailX. A story of collaboration, of dedication, of efficiency, of hiccups and resolutions, and ultimately, a story of partnership and success. We are very grateful and proud to be a part of this.

The RIoT is building.

RIoT Insight names Eric Olafson as Chairman of the Board of Directors

Disruptive RFID tech company gains momentum as retail industry visionaries join the ranks

NEW YORK— January 14, 2019—RIoT Insight is pleased to announce the naming of Eric Olafson as Chairman of the Board of Directors.

Eric was the CEO of Tomax Corporation, a pioneer in cloud retailing. Founded in 1981, Tomax evolved as an early adopter of centralized, real-time architecture in the late 1990s with the emergence of the internet, enabling retailers to take the cost and complexity out of their retail operations, host it in what is now known as the cloud, and focus on what’s matters most, their retail operations. Tomax JPOS was one of the industry’s first thin client Java-based POS solutions, empowering high-speed transaction processing over the network with the assurance of native offline mode, and served thousands of stores locations. Tomax was acquired by Demandware in 2015 as it was introducing it’s next generation cloud platform to the industry, resulting in a compelling commerce portfolio combining the eCommerce online experience of Demandware with the in-store capabilities of Tomax. Soon after, Demandware was acquired by Salesforce in 2016 resulting in the formation a new business division, Salesforce Commerce Cloud.

 “We are truly excited for Eric to join the RIoT, as he has long been a visionary in retail technology and brings a wealth of experience and awareness to the needs of the modern omnichannel retailer” says Darren Williams, Founder & CEO, RIoT Insight.

 ABOUT RIoT Insight, Inc.

RIoT is a leading provider of RFID store solutions to innovative retailers and brands.  The RIoT solution allows retailers to achieve 99%+ inventory accuracy in order to increase omnichannel sales and improve the consumer experience.  The RIoT solution is designed to aid rapid deployment through ease of use and streamlined integration to existing POS, OMS and digital solutions.  The RIoT solution is at work at leading retailers around the world, with a focus on the apparel, footwear and luxury segments.

Information:      

RIoT Insight

info@riotinsight.com

mobile: +1 206.499.6895

www.riotinsight.com

SUPERCHARGE YOUR STORE INVENTORY ACCURACY WITH RFID TODAY. VISIT US AT NRF 2019 IN THE HP BOOTH #3055.

NRF 2019, The Big Show, is days away in New York City at the Javits Center Jan 13-15.

After years of being just out of reach economically for retailers, we are pleased to say that the time is now for bringing RFID to your retail stores.

Come visit us and learn about what we have going on with major retailers around the world to empower their omnichannel execution with highly accurate inventory visibility.