{"id":20059,"date":"2023-02-03T04:00:03","date_gmt":"2023-02-03T09:00:03","guid":{"rendered":"https:\/\/www.newswire.com\/news\/carl-brown-tiktok-sensation-and-president-of-simplyrfid-to-host-21945954"},"modified":"2023-02-03T04:00:03","modified_gmt":"2023-02-03T09:00:03","slug":"carl-brown-tiktok-sensation-and-president-of-simplyrfid-to-host-transforming-inventory-accuracy-retail-roundtable","status":"publish","type":"post","link":"https:\/\/d56fg8tfg.fitnews.club\/business\/carl-brown-tiktok-sensation-and-president-of-simplyrfid-to-host-transforming-inventory-accuracy-retail-roundtable\/","title":{"rendered":"Carl Brown, TikTok Sensation and President of SimplyRFiD, to Host ‘Transforming Inventory Accuracy’ Retail Roundtable"},"content":{"rendered":"\n\n Carl Brown, founder of SimplyRFiD and making inventory fun, hosts a weekly online roundtable where retail colleagues meet, learn, and contribute in a world class discussion on achieving inventory accuracy. The next roundtable is February 7 at noon, Eastern.<\/b>\n

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\"Inventory
Inventory Accuracy Roundtable with Carl Brown<\/b><\/small> <\/a>
Retailers meet in an discussion on Inventory Accuracy with RFID hosted by Carl Brown, President of SimplyRFiD<\/small>

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\n DALLAS, February 3, 2023 (Newswire.com)\n -\n <\/strong>Carl Brown<\/a>, founder and President of Simply RFiD, TikTok wonder, and RFID expert, hosts a weekly online roundtable \"Transforming Inventory Accuracy.\" This roundtable brings up to six top retailers together to discuss how accurate inventory enables today's omnichannel supply chains - and, how to get there from here.<\/p>\n

Quarterly inventories are obsolete. To compete today, inventories must be done daily or weekly.<\/p>\n

Before RFID, the only choice was manual barcode counts that took days and were only 75-85% accurate (Source: Gartner Contemporary Retail Report, November 2021). Still, when RFID became viable around 2008, the value of RFID wasn't there because the concept of how to use a global accurate inventory didn't exist. Omnichannel and e-commerce are driving requirements for retailers. Store inventory must be connected to the web and it must be accurate.<\/p>\n

This weekly roundtable explores the best practices for achieving 99% levels of inventory accuracy<\/a>. \"Store managers often think they have 95%+ accuracy - but, how do they know? Once RFID goes in, the truth is closer to 70%,\" says Carl Brown. \"That's normal. It's impossible to measure without RFID - in this roundtable we discuss how to move from the unknown to the known, in an open format of sharing best practices and outcomes.\"<\/p>\n

Retailers in previous roundtables include:<\/p>\n