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CONFIDENTIAL
Data analysis and Decision Support Platform for Apparel Manufacturing Industry
Byron Yeung Vice President, Apparel Labeling Solutions, Asia Pacific
CONFIDENTIAL
Corporate Snapshot • Founded in 1969, list on the NYSE — “CKP” • Corporate headquarters in New Jersey, USA • Global organization, 5,000+ employees in more than 30 countries
worldwide • Installed base of over 1.7 Million RF devices • 100 billion products secured with Checkpoint’s labels • 45+ years leader of RF for retail • 15+ years leading the RFID industry • 17+ print & global fulfillment centers: needlepoint, consolidation & logistics • Strong partnerships with more than half of world’s top 200 retailers
CONFIDENTIAL
RFID Tags
Readers
Device Management
System Integration
Software & Analytics
Merchandise Visibility Solutions
Shrink Management Solutions
Apparel Labeling Solutions
Source Store Business Scope
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4
Why Retailers need RFID?
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New Shopper Expectations Are Higher…
Do they have my size in stock?
74% of online shoppers want to know what’s in stock BEFORE visiting a store
74% – Google/IPSOS Study 2014
75% of online shoppers will choose to purchase from a retailer who offers expedited pickup/delivery options vs one who doesn’t 75%
– Forrester/Accenture Study 2014
Can we pick it up on our way home?
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…but It’s Hard For Retailers To Answer
81% of retailers say inaccurate store level data is an obstacle to omni-channel sales
– RSR Research 2014 81%
20-30 min
20-30 min = Average time to pick and fulfill a single online order in-store =
– Surveyed retailers at RILA Supply Chain 2015
I’m sorry honey, I placed an order on the web site, but they
don’t have it ready. This is so frustrating!
Let’s try another site. This one doesn’t give me the availability,
and I can’t pick it up today.
Root Cause: INACCURATE INVENTORY DATA + INEFFICIENT PROCESSES Solution: RFID Inventory Management + Process Automation
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CONSIDER THE IMPACT ON RETAILERS…
7
CONFIDENTIAL
Retailers’ Fundamental Challenges … both in-store and omni-channel:
Attract and retain shoppers with the right product, at the right place, at the right time, while improving shopper’s experience.
Optimize operations to reduce cost, time to shelf, and maximize shelf availability while facing inaccurate perpetual inventory.
Enhance the shopping experience with product presentation and service, while protecting merchandise from theft.
How to Sell More and Lose Less
MARKET TRENDS
Evolving our position from “merchandise protection” to “Merchandise Availability”
8
CONFIDENTIAL 9
From Source Management… …Through Distribution… …To Retail Store
Retail Pain Points: Key Challenges at Each Step of the Value Chain
Outsourced, overseas manufacturing
Packing & shipping errors
Manufacturing variances
Outsourced logistics Receiving &
packing errors International shipments Poor visibility across
supply chain Complex cross-docking
Lack of accurate inventory Out-of-stocks Costly markdowns Theft Expensive receiving
processes
CONFIDENTIAL
Retail Store
Manufacturer
Distribution Center
DC Receiving
DC Shipping
Retail Store Receiving
Point-of-Sale
FS/BS Replenish- ment
SALE Inventory Audit
Point-of-Exit
Source Tagging
Merchandise Visibility from Source to Store
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CONFIDENTIAL 11
Source Management Merchandise Visibility: RFID Tag Acquisition Order Processing
Check•Net®
Print Shop
Retailer places an online e-Order for RFID Labels from Check•Net®
Check•Net® confirms/sends Label Order Status Back to Customer
Retailer/Manufacturer
Label Order Status
RFID Label Order Filled
$9.99 12945
$9.99 12945
$9.99 12945
$9.99 12945
Cloud
Labels arrive at Manufacturer
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Global Foot Print of Service Bureaus
US
Netherlands UK
Italy Turkey
BD S China (DG)
Sri Lanka
S Korea N China (ZJG)
S India
Pakistan N India
Indonesia
Checkpoint
Vietnam
Morocco Tunisia
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Manufacturing Solutions Solution Components: • Tags • Tag@Source • CheckNet • Printing • EPC Number
Management
Solution Areas: • Tagging & Encoding • ASN Shipping
ASN Shipping
Printing Service Bureau
• 19 encoding locations
RFID Tags • Pocket Tag • Integrated
Hang Tag • Sticker • Hard Tag
(recycled) • Woven
• Creative Design services
Online Ordering Platform
Tag@Source • Program can
accommodate both hard and soft tagging for different types of merchandise
Open EPC Number
Management
Source Tagging Laboratory
• Tag certification, and guidelines for tag application & placement
ECOPET Printing Capabilities
• High speed Print-on-Demand and encoding services
• Hardware, software & systems integration
• Any service bureau / vendor can obtain unique numbers
CONFIDENTIAL
DC Solutions Solution Components: • RFID Tunnels • RFID Portals • RFID Tables • RFID & Dual RF-RFID Tags • RFID-enabled Use Cases:
Pick/Pack, Ship, Receive, Bulk Commissioning
Solution Areas: • Tagging & Encoding • ASN Shipping • ASN Receiving • Omnichannel Order
Fulfillment
Omnichannel Order Fulfillment • Automated pick-pack-reserve-ship processes
RFID Tunnel for Boxes
• Reading/encoding boxes containing up to 200 items at conveyor speeds of 1.2 m/sec
RFID Tunnel for Hanging Garments • Reading/encoding
bundles of up to 450 items at speed of 24 m/min or 0,4 m/s
Packing Table • Reading/encoding
items for shipping confirmation/omni-channel fulfillment
In-Plant Printing • Printing, encoding
and EPC Number Management
Bulk Commissioning • Encoding full-
size pallets (3,600+ items)
ASN Shipping & Receiving • RFID-enabled
Shipping Tunnels & Software
RFID Portal/ Fixed Readers
• Used for dock doors, trucks
CONFIDENTIAL
In-Store Solutions Solution Components: • RFID Point of Exit • RFID Automated Cycle
Counting • RFID Tables • RFID & Dual RF-RFID Tags • RFID-enabled Use Cases:
Pick/Pack, Ship, Receive, Bulk Commissioning
Solution Areas: • Inventory Management
(Replenishment, Cycle Counting) • Omnichannel • Loss Prevention • Customer Experience • Tagging & Encoding • ASN Receiving
Omnichannel Order Fulfillment • Automated pick-pack-reserve-ship processes
Cycle Counting • Handheld &
Hands-Free options
Replenishment • Prioritized replenishment
for inbound shipments, high-demand items
Process Compliance • Dashboards
monitor cycle counting and vendor compliance
High Theft Asset Protection • RTLS tracking of
high-value items
Point-of-Sale • RFID-enabled
deactivation
Point-of-Exit • Pedestal and
Overhead Options with RFID-based EAS, visitor counting
Display Compliance Device
Monitoring • Real-time
status of sensor infrastructure
• Software, hardware and tag solution
CONFIDENTIAL 16
Merchandise Visibility Delivers Tangible Benefits for Retailers
“Now is the time to invest in RFID-enabled processes because of significant progress in the following areas:
• Defined and achievable use cases • Reliable and effective hardware • Well-established and tested
standards • Well-architected, highly usable, and
configurable application software • Emergence of full RFID-enabled
system providers.” -- Leslie Hand,
IDC Retail Insights
Increase in Sales of at least 6% – Improvement in replenishment of previously out-of-stock items
Reduction in Working Capital of 10-20% – Reduction in on-hand safety stock – Reduction in non-working inventory
Reduction in Out-of-Stocks by 30%+
Reduction in Operational Costs – Reduced item handling cost across supply chain – Significant reduction in labor required during shipping,
receiving and cycle counting operations
Improvement in Supply Chain Efficiencies – Picking accuracy increased from 82% to 99% – Significant reduction in mis-shipments between locations in supply chain
Reduction in Shrink – Both internal and external
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RFID RETAIL INNOVATION- examples of real case studies We help retailers solve unique challenges.
OMNI-CHANNEL INVENTORY AVAILABILITY
North American Department Store with 800+ Locations
HANDS-FREE MERCHANDISE VISIBILITY
Global Apparel & Footwear Brand and Retailer
OPTIMIZING INVENTORY IN NEW STORE FORMATS
Global Sporting Goods Retailer
INCREASING SALES OF “NEVER OUT-OF-STOCK” ITEMS
EU Department Store with 1,000+ Locations
ENHANCING CUSTOMER EXPERIENCE WITH “INVISIBLE” LOSS PREVENTION
Apparel Lifestyle Retailer with 500+ Mall Stores
“Invisible” RFID Loss Prevention, Inventory Management for Mall Stores with open entrances
Invites customers to browse merchandise while protecting inventory
Automated cycle counting and shelf replenishment
RFID-tagged stores experience 10-12% uplift in sales
RFID Inventory management and loss prevention integrated with POS systems
Enables expansion beyond superstores to smaller-format urban outlets which require more tightly-managed inventory
Rapid deployment of chain-wide RFID inventory mgt solution (50-100 stores/week) – hardware, software, integration, training
Increased shelf availability drives same store sales, customer satisfaction
RFID inventory management eliminates frozen inventory
Ensuring shelf availability of high-demand items increases same store sales
CONFIDENTIAL
Complete RFID Solution
provider