Companies in the Spanish textile industry are increasingly working on technologies that simplify inventory management and help streamline daily tasks. In particular, tools such as RFID technology. According to the data: the Spanish textile industry is a global leader in the use of RFID technology: 70% of the companies in the sector already have this solution.

These numbers are increasing significantly. According to the professionals' observations: there is a significant increase in the demand for RFID technology by companies in the Spanish textile industry for real-time control of store inventory.

RFID technology is part of an emerging market that is expected to reach $9.5 billion in the retail sector by 2028, the study says. Although the sector is one of the major industries as far as the use of the technology is concerned, more and more companies do need it, regardless of the industry they are committed to. As a result, we see that companies dedicated to food, logistics or hygiene need to implement the technology and realize the benefits that its application can bring.

Improve inventory management efficiency. By deploying RFID technology, companies can know exactly what products are currently in their inventory and where they are located. In addition to monitoring inventory in real time, it helps reduce the chance of items being lost or stolen and helps improve supply chain management.

What are the benefits of using rfid technology?

Improve inventory management efficiency.
By deploying RFID technology, companies can know exactly what products are currently in their inventory and where they are located. In addition to monitoring inventory in real time, it helps reduce the chance of items being lost or stolen and helps improve supply chain management.
Reduce operational costs.
Accurate inventory tracking promotes more efficient supply chain management. This means that things like warehousing, shipping and inventory management will cost less to operate.
Better shopping experience.
RFID technology allows for optimal inventory management, which can provide a better shopping experience for customers. By scanning a specific garment, they can appreciate the information about the product and the actual availability of the model in different sizes and colors. It should also be noted that the service is not affected by the implementation of this technology. As explained by Victor Calvo, Fibretel Project Manager Office, it was installed and deployed, including access points, antennas, etc., and we were able to complete the entire deployment in just one night.
Reduced lost sales.
All of these benefits ultimately translate into a significant reduction in the probability of lost sales. That said, this technology allows for improved supply chain planning, which helps avoid product out-of-stock.