Macy’s Inc. recently announced that its Macy’s and Bloomingdale’s stores are launching RFID technology tags to manage store merchandise and to keep track of replenished inventory both on hand and in the warehouses.
Replenishment goods on hand have been tracked for the past two years at select Macy’s and Bloomingdale’s stores as well as at some distribution centers. The merchandise was tracked based on colour, style and size. The pilot project proved successful, and thus Macy’s Inc. made the decision to enact such technology in all its stores overtime.
The RFID-based initiative will start off in size-intesive departments such as in men’s clothing, women’s shoes, denims and in intimate apparel throughout the Macy’s Inc. stores.
Macy Inc. aims to be equipped with RFID technology in all its stores by 2012 so that replenished goods and regular stock can be automatically accounted for. New stock needed will also be automatically resupplied as more items are sold to customers overtime. This will help to manage the store inventory with greater accuracy and accountability.