Services for Retailers

1.    Opportunity Assessments and Business Case Development

It is impossible for companies to know how much attention and resources to devote to RFID if they do not first understand the size of the prize.  The benefits of RFID extend far beyond inventory management and have significant brand building, loyalty and foot traffic implications.  Innovative customer-facing applications like “magic” mirrors and touch screens provide new platforms for deepening customers’ emotional connection to your brand and making their shopping experience more enjoyable.  RFID Sherpas LLC helps clients:

•    Identify appropriate business metrics and conduct baseline performance measurements
•    Measure the commercial impact of RFID in pilot stores and other environments
•    Quantify the positive impact RFID can have on revenue, gross margins, operating costs and market share
•    Quantify the costs associated with the phased introduction of RFID
•    Develop roadmaps for evaluating and deploying RFID within stores, distribution centers and production environments
•    Identify the linkage between RFID and broader corporate objectives
•    Identify strategic reasons for accelerating utilization of RFID  

2.    Executive Workshops

Since many RFID projects are not publicized in the business press, executives are often unaware of the level of activity at peer companies, and they have little background on the adoption triggers most relevant to their market sector.  The magnitude of the financial opportunity is also frequently not well understood.  RFID Sherpas LLC provides executives with the factual foundation needed to make informed decisions.

3.    Project Design and Support

While stopping short of assuming a formal Project Management role, RFID Sherpas LLC can assist clients in shaping their initial projects and selecting appropriate technology providers.  Recognizing that Retail RFID is primarily an exercise in operational improvement, not technical wizardry, RFID Sherpas LLC helps clients determine:  

•    Which stores or distribution centers to RFID-enable
•    Which merchandise categories to include
•    How long to run their pilot tests
•    Where along the supply chain to have merchandise tagged (both in the short-term and long-term)
•    Which business objectives and metrics to focus on initially
•    What modifications to make to existing business processes
•    What data to capture or ignore