RFID smart retail makes fast fashion brands one step faster

As a newly emerging well-known brand, MJstyle is well aware of the importance of fast, flexible and precise online and offline retail supply chains to fast fashion brands. By improving operation and circulation efficiency, it can bring fresher products to consumers in a short period of time. , more fashionable and personalized clothing products to attract greater customer flow and sales, but the huge management cost is a major problem that needs to be solved. The RFID smart retail solution helps MJstyle efficiently and accurately control all aspects of sample design, factory production, warehousing logistics, Store sales, etc., and helps it efficiently implement smart supply chain management and smart store management. By improving management efficiency and level, It has stronger competitiveness and advantages in the field of fast fashion, and creates a brand image that is closer to consumers.

01丨Intelligent supply chain management

MJstyle is the first fast fashion brand in China to use RFID + Internet of Things technology to open up the entire industry chain. By applying RFID electronic tags, each clothing product is given a unique identifiable identification (one item, one code). The tag will follow and record all items. Data on the entire process from sample design, mass production, warehousing and logistics to store sales.

Combining RFID equipment and RFID smart clothing software systems helps MJstyle achieve item-level management of its entire industry chain. Starting from the management dimension of a single product, the solution solves the difficulties of sample management and maximizes the utilization and protection of the company's design Assets. At the same time, the solution also solves the difficulties of batch transportation, warehousing, inventory, receipt and delivery of finished products, significantly improving Enterprise digital management accuracy and efficiency, and greatly reduce labor costs and management costs.

Intelligent supply chain management can also provide data support for store and BI decision-making. Analyze supply decisions through logistics big data, analyze the formulation of marketing strategies through customer entry rates, predict design elements, styles and hot styles through data collection and estimation of test wear rates, and analyze product structure management through customer purchase rates and shopping baskets.

02丨Smart store management

MJstyle is the first company in China to use RFID + IoT technology to build smart stores, and the first company in the industry to use RFID cashier all-in-one machines. It provides an integrated design of RFID and EAS, which improves the reuse rate of tags, reduces the rate of cargo damage, and at the same time improves the efficiency of store harvesting, delivery, inventory and inspection. In addition, the RFID integrated cashier equipment and smart cashier system provided for MJstyle can realize batch reading of products, improve settlement efficiency, save customers settlement time, and improve the overall in-store customer shopping experience.

According to statistics, in terms of warehousing management, the RFID smart retail solution improves warehouse receipt and delivery efficiency by 200%, and the accuracy exceeds 99%; the warehouse has wireless reading, no unpacking, automation, and RFID batch checkout efficiency increases by 50%; store receipts , Inventory efficiency is increased by 200%, and human and material costs are reduced by 50%.

In addition, in terms of store management, the store receives goods without unpacking and reads them in batches, improving efficiency by 300%; in-store goods inventory is shortened from 2 days to 2 hours, the inventory cycle can be implemented weekly, and inventory information is clear and transparent.