This annual RFID Special Report is Apparel's annual review of relevant marketplace developments. Part 1 of the report will focus on commercial topics. Part 2, which will be published next week, will focus on technology advances and considerations to guide future investment decisions.
In Apparel’s 2nd annual Technology Outlook, reducing product costs stands out as the key business initiative for the second year in a row, with improving the e-commerce experience the top priority in terms of supporting growth in 2019.
Making smart technology investments can deliver tremendous value to retail stores, to optimize staffing, increase inventory turns, enable secure frictionless transactions, and to empower store associates to become effective brand ambassadors.
With unified enterprise systems for greater inventory visibility, algorithms designed to gain deeper product and customer insights, 3D for faster and more efficient design
and development, and much much more, this year’s Innovators are addressing and fulfilling consumer demand.
Apparel's survey of apparel retailers, brands and manufacturers reveals expectations for technology focus in the coming year, including an emphasis on BI and analytics for gleaning an even deeper understanding of the consumer.
Adhering to standards can help brands and retailers create an efficient foundation from which they are able to build their own unique offering and differentiate themselves to win over today’s consumers.