Tyco Retail Solutions Implements Advanced New Solution of RFID Inventory
Intelligence for Inditex Group
Tyco awarded chain-wide inventory visibility
contract to Zara
Switzerland - July 21, 2014 - Tyco Retail Solutions (www.tycoretailsolutions.com),
a leading provider of retail performance and security solutions, today announced
Inditex Group, one of the world’s largest fashion retailers, has awarded
Tyco a chain wide contract for RFID-based Inventory Intelligence. The Tyco
solution is currently deployed in 700
stores across 22 countries, and is recognized for
delivering significant value to the Inditex business. As a customer focused
retailer, having timely, accurate visibility into all merchandise styles, colors
and sizes is critical. This visibility enables Inditex to create precise
merchandise plans and tailored product assortments, and to deliver an
exceptional customer experience across the Zara chain.
Real-time inventory visibility supports Inditex’s strategic omni-channel
objectives, ensuring the right products are in the right place at the right
time. With this RFID-based solution, Inditex is achieving operational
efficiencies through improved inventory processes and better controls for
reducing shrink. The retailer is optimizing its inventory investment and
maximizing sales and margins.
According to Pablo Isla, cording to Pablo Isla, Inditex President, “Implementation of this
next-generation technology is the one of the most significant changes ever in
how the Group’s stores operate.”
Inditex is utilizing Tyco’s Sensormatic dual technology RFID/Acousto-Magnetic (RFID/AM)
hard tags and detachers at the point-of-sale (POS). Tyco is also managing
Inditex’s tag recirculation program through a cost effective and environmentally
sound approach that allows re-use of RFID/AM tags. With this solution, Inditex
is taking advantage of the benefits of RFID-based inventory visibility while
controlling shrinkage with robust anti-shoplifting AM technology.
Tyco’s best-in-class inventory intelligence and loss prevention solutions,
combined with its global service model, have been central to Inditex’s improved
inventory accuracy and visibility. Tyco’s professional services team has been a
collaborative partner in the successful deployment of these solutions to Inditex
stores around the world.
“Inditex has been a valued customer of Tyco for many years, and we are delighted
to learn about the significant operational results and success with the
deployment of our RFID solutions. As a world renowned fashion retailing leader,
Inditex constantly delivers fresh assortments to attract customers. Now, having
real-time visibility to their inventory enables Inditex to keep pace with
fashion trends and meet discriminating shopper needs,” said Nancy Chisholm,
President, Tyco Retail Solutions.
Read more here.