February 2016 Planning for the Future HOW WHY Develop the best - - PowerPoint PPT Presentation

The Journey to RFID

February 2016

Planning for the Future

HOW Develop the best practise RFID processes across the group business environment. Apply best practices to the Merchandise Visibility Solution within the Group environment Measure the benefits on Inventory Management, Sales ,

• nline fulfilment &

replenishment WHAT Implement RFID merchandise visibility solution to further enhance

• ur customers shopping experience

Provide improved operational visibility Enabling us to more efficiently identify items which need to be replenished on the sales floor

WHY Seeking to find a Inventory Management system to enable item level tracking of merchandise from the BOH to the Sales floor Increase sales revenue Reducing the Risk of Loss Increasing Stock Accuracy.

Why?

• Improve inventory accuracy as we count 3x per year.
• With the recent implementation of Click & Collect & Ship from store, we’re confident that

improved stock accuracy with RFID will increase fulfilment and the customer experience.

• Supplement our replenishment process by identifying stock on hand but not on floor.
• Multi Brand Group having a consistent approach to inventory management across the group-

Topshop, Glue Stores and Trend Imports.

How - RFID Metrics to be Measured

• Sales Uplift
• Accuracy of PI vs. RFID SKU Level benchmark of 18% improved SOH Inaccuracy
• Labour Savings reduced in replenishment
• Out – of- Stock rate (%) by category – snapshot and trend
• Aged stock report
• Frozen Inventory
• Online fulfilment from Store
• Stocktake savings
• ATV & Conversion

How – Operational Process

• Analyse current business process
• Engage all elements of the business
• RFID process to be part of the existing store processes or have a

minimal change on existing process for the POC

• The findings from the POC will help us improve overall operational

process, in readiness for roll out.

Planning & Requirements Site Survey & Configuration Testing & Pilot Deployment Rollout Planning Pilot Full Chain Rollout

Project Management

Process

Stock received in store RFID label applied instead of regular barcode Areas defined i.e.. BOH, Shopfloor, Offsite Stock scanned between locations Replen reports generated linked to POS Regular Cycle Counts & Stocktakes

MENSWEAR – % Out Of Shelf

DEUS – % Out Of Shelf

Sales Contribution Improved for Men's by 5.3%

40% of stock is “pre-retailed” within 5 days

Save time Increase productivity Reduce costs Increase engagement

Create more effective processes 5% Stocktake error rate Accurate Replen Reduce phone calls and emails Increased compliance Real time Inventory Reporting Save

• verall

costs = Lower Shrink Remove need for RGIS Operate to budget Sales increase Positive work environment Promotion

• f

company culture and values

Overall Benefits

THANK YOU