SML’s Enterprise RFID Software Division Announces More Than 5,000 Retail Stores Have Deployed Its Clarity® Suite of Applications
-RFID Supplier Celebrates Many Important Business Milestones-
DALLAS, TEXAS June 23, 2021: Leader in RFID technology in retail RFID SML today announced that its cloud-based item-level RFID application software suite, Clarity®, is now deployed in more than 5,000 stores in 34 countries, with more than 60,000 users using its wearable app RFID. During last year’s pandemic, SML deployed its software to more than 1,000 stores and managed more than 1.5 billion unique RFID tags, processing more than 25 billion RFID events. Additionally, SML reports that retailers using Clarity® have improved the accuracy of their in-store inventory by 95%, which has added over $ 1 billion in profits while simultaneously reducing over $ 1 billion in inventory over the past six years.
SML Enterprise RFID Software Division Announces More Than 5,000 Retail Stores Have Deployed Its Clarity® Suite of Applications
“This is another huge accomplishment for our team and a testament to the collaboration and innovation they have built with our ecosystem partners as well as with our customers, transforming the most Fundamental to retail, inventory management, ”said Dean Frew, chief technology officer. and Senior Vice President of RFID Solutions at SML Group.
The COVID-19 pandemic has put global industries in difficulty, but few industries have been hit as badly as retail. In what has become a case of adaptation to survive, many retailers have taken advantage of new technologies to streamline in-store processes, improve the customer experience, and create efficient and cost-effective solutions during the industry’s toughest time.
Many of the world’s most respected and innovative retailers have selected the SML team and Clarity®, SML RFID’s proprietary item-level RFID inventory management solution deployed on Microsoft’s Azure Cloud platform, to provide faster, easier, and much more accurate inventory and new inventory processes to help them improve their financial performance. SML shares that it has 3,000 additional stores under contract and will deploy its software to all of those stores by the end of 2022. With just these existing and planned projects, SML estimates that more than 3 billion unique RFID tags will be managed. every year on Clarity® – by the end of 2022.
Clarity® is used by retailers of all sizes, from 100 stores to retailers with thousands of stores. These retailers today serve several retail segments including clothing, footwear, housewares, sporting goods, cosmetics and electronics. Additionally, SML works with clients in quick service restaurants, the food supply chain, pharmaceuticals and agriculture. In addition to stores, the organization also processes millions of items each year through its Clarity® supply chain applications at customer factories and distribution centers. All of these customers share the same motivation: to quickly enter the new era of RFID-powered retail at the item level.
One of the additional benefits of using RFID at the item level and the resulting increased inventory efficiency is that retailers can have a big impact on sustainability goals. By leveraging RFID at the Clarity® item level, retailers can dramatically improve the sustainability of their supply chains. An SML customer removed 400 shipping containers – which equates to 22 million items – out of demand per year while increasing sales, which has a significant sustainable impact on the environment.
Frew also adds: “When you take a closer look at the adoption of Clarity® among retailers, you find that retailers increasingly recognize that they cannot thrive with the annual physical SKU-based counts of the past. and convert to RFID at the item level to transform and realize the tangible business benefits that flow from it. These retailers see low inventory accuracy as a fundamental problem preventing them from effectively providing the customer service required for retail today and in the future. Our goal is to provide retailers with world-class technology, solutions and service to assist them in this item-level transformation, thereby contributing to the future prosperity of our customers.
About SML RFID
With a presence in over 30 countries, SML Group is the global provider of end-to-end RFID and brand identification solutions, delivering proven results and rapid returns on investment for brands in the new era of retail. We offer innovative Inspire ™ and EcoInspire ™ labeling and packaging products, high performance RFID tags and encoding services to all industries. Its proprietary software Clarity® is the only item-level RFID solution designed and proven for vertical retailers and brand owners with stores. As an invaluable brand partner, SML is committed to developing technology-driven solutions that fuel brand transformation and prosperity.