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Manufacturers, retail brands, primary producers and service providers in Australia and New Zealand have yet to unlock the full potential of Radio Frequency Identification (RFID). At Look Inventory Solutions we want to empower all companies to do amazing things with RFID technology

Data released from IHL Group at NRF 2023, shows that during 2022, retailers already using RFID reported 83% higher sales growth and 80% higher profit growth than their non RFID peers. In these companies RFID is deployed to support increased supply chain throughput, inventory accuracy and visibility to deliver omnichannel capabilities of Click & Collect, Buy Online Pick Up Instore (BOPIS), Self Check Out (SCO), Curbside Collect and future CX trends. It is critical that we see the same level of RFID adoption in Australia and New Zealand to keep pace with sales and profit performance of global competitors, supply chain challenges and everchanging customer expectations.
Your Challenges
Inventory inaccuracy negatively impacting stock availability, store operations and omnichannel execution.Markdowns and returns impacting profitability. Excess inventory tieing up capital.Labour costs pointed at manual tasks escalating.Customer service delivery in physical and ecommerce stores taking a hit.Losing market share to competitors. How to go faster and with higher efficiency and greater profitability using real time data. Access to accurate data to feed AI tools How to build a technology ecosystem for agility, scalability and future opportunity. Access to inventory data for ESG reporting
Our Solutions
  • Enterprise Wide RFID Discovery – Finding the most urgent pain points you need to resolve.
  • Process Mapping for Pre-Implementation/Implementation/Deployment Excellence - Recommending where existing processes and RFID technology make most positive impact.
  • Stakeholder Engagement – Ensure enterprise wide buy in from supply chain to stores.
  • ROI and Business Case Analysis - Capturing all relevant inputs and benefits, near and long term.
  • Project Scoping & Phasing – Strategic planning support for RFID project delivery and execution excellence.
  • Vendor and Solution Assessment - Analysing best RFID fit solutions for desired outcomes.
  • Ongoing Project Support - Responsive, as required support for project and goal adaptation.

Business Benefits

Financial: RFID solutions can reset store economics, lowering costs and increasing revenue. Higher levels of inventory accuracy (up to 99.8% is achievable) can deliver up to 13% top line revenue improvement and around a 5.5% increase in full price merchandise sell through. Combined with an approximate 13% reduction in inventory required and a 1.5% increase in revenue via reductions in inventory shrink (McKinsey & Company 2021), RFID adopters are reporting more than 10% ROI (Accenture 2020).
Real time inventory control: RFID enables real time visibility of your inventory to capaitalise on demand trends across your enterprise, moves your store teams to customer focused activities and away from manual tasks.
Competitive advantage: Look Inventory Solutions supports you in maximising improvement in processes, execution and CX excellence that prepares organisations for the next wave of digital disruption and powers building their competitive advantage.
Better organisational performance: At the core of RFID deployments is achieving the highest possible levels of inventory and data accuracy. Look Inventory Solutions is invested in your access to that data and the actionable insights that it delivers.

Your RFID Journey With Us

Understand
We listen to the pain points of the business and where you believe RFID makes most sense
Scope
We take the information gathered from across the enterprise and apply it to achievable project steps
Engage
We advise at Board and C Level what we are going to accomplish, how and by when.
Communicate
We bring all teams into the project and clearly detail what their role is and how they add value

Why Choose Us

Technology Expertise
Access to local and global technology experts that understand RFID best practice for seamless deployment as well as Professional Services and Integrations Services Support.
Benefit Delivery
Manageable and sustainable benefit delivery enabled by high levels of information integrity garnered from within your business.
Project Support
RFID is not a "one and done" technology. Our projects are supported by our experts for their duration and through changes in organisational priority.
Financial
ROI and Business Case inputs are tailored to your organisations unique requirements and thoroughly explained and validated. They form our ongoing project KPI's.
Challenges of Digitalisation
The accelerated digitalisation of retail requires brands to be design and tech based companies. We support your ability to adapt to changes in CX trends and demand signals.
Competitive advantage
Whatever your focus, be it top line revenue increases, cost reduction, sustainability gains or customer experience delivery excellence, RFID is the key enabler.

What RFID users have to say

  • "Being able to leverage our RFID to give almost 100% visibility into what we have, by style, color and size across our marketplace is an incredible opportunity in terms of meeting consumer demand in real time, in the moment." Better inventory visibility enables the kind of quick decision making that begets faster production, driving higher full price sell-through and better gross margins.“
    Mark Parker
    Nike CEO Supply Chain Dive 2019
  • "Previous investments in RFID inventory tracking will enable the flexible e-commerce fulfillment model and allow Lululemon to proactively manage inventory through this indefinite, dramatic drop in consumer demand.Our technology with the use of RFID we can access product at any point across our network, not just DCs but at our stores as well from ship from store." 
    Calvin McDonald
    Lululemon CEO McKinsey & Company 2021
  • “Still a long way to go but it's going extremely well, Steve Schenk, you have been pivotal in providing excellent guidance bespoke to our business needs, we can commend your input to our success!"
    Sarann Ryan
    Chief Avisor and CIO Lowes Manhattan Group 2024

Interested in getting started on a project?

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