Flexible RFID purchasing

The three models are:

• SML Full Solution Capital Purchase Model: Clarity RFID solution (software, hardware and services) purchased up front. RFID Tags/Labels would be purchased following traditional sourcing models.

• Monthly Solution as a Service (SaaS): Provides retailers with the Clarity RFID software and solution support for a monthly fee and pay for RFID hardware and implementation services up front on a capital purchase model. RFID Tags/Labels would be purchased following traditional sourcing models.

• SML Solution Bundled in the Tag (BiT): This incorporates the Clarity solution costs bundled into an extended RFID tag contract price with zero upfront costs, putting all of the solution costs as part of Operations Expenses (OpEx). This option is designed to provide the fastest ROI and generate the fastest returns, eliminating a common barrier to adoption of RFID into retail stores.

SML’s Solution Bundle in the Tag (BitT) offering is targeted at vertically integrated retailers and brand owners best positioned to fully realise the value of a complete RFID solution from their technology partners. With more RFID service bureaus than any other provider in the world, SML can supply most retailers’ factories locally, “close to the needle,” and one of the most proven retail RFID software solutions in the world with support in place US, Europe and Asia SML has put the pieces in place to be the leading technology provider for this new era in retailing.

“We are excited to bring SML’s full capabilities to customers with our new flexible purchasing models for RFID solutions,” said Dean Frew, CTO and senior vice president of RFID Solutions of SML Group. “Our goal with these innovative purchasing models is to reduce as many barriers to adoption of RFID technology, provide retailers with flexibility and fast ROI realisation.” 

SML will encode and deliver over 1 billion RFID tags and will have over 5Billion RFID transactions on its Clarity software platform in retail deployments in 2016.