The Netherlands, Groenlo | February 11 2020
Nedap N.V. and Tag Company Ltd. today announced that they will join forces in the UK market regarding Nedap retail loss prevention solutions. This combination brings together the technical and commercial strengths of both companies. Both organizations have stated that the arrangement will take effect 1 March 2020.
This cooperation stems from the close relationship that has been established over the past few years. Tag Company will be responsible for all Nedap EAS business in the UK and will be fully supported by Nedap. The two companies already had a significant position in the market separately, the new combination has a dominant market share.
Rob Schuurman, Managing Director at Nedap Retail, commented: “We highly respect the way Tag Company established itself as a trusted retail partner and are excited about this intensified cooperation. We strongly believe that we will be able to provide our customers with an even better service in the UK retail market by joining forces, consolidating our market share. Together, we will be able to serve the UK market as a strong, reliable partner for retail article surveillance solutions.”
Jon Marchese, Managing Partner at Tag Company reacted: “We are extremely proud that Nedap puts this trust in us. This alliance is an important step for us and reflects our outstanding relationship. The Nedap EAS solutions stand for quality and innovation, which have already proven their value to the British retail market. With the cooperation between Tag Company and Nedap, we expect to further unlock the potential of these solutions.”
Inventory management solution
Nedap also intensifies its activities in the UK market regarding the promotion of !D Cloud – Nedap’s leading RFID-based inventory management platform in the apparel and fashion sector. This means that a dedicated Nedap team will fully focus on assisting retailers to adopt RFID. !D Cloud is used by fashion retailers worldwide to improve their on-shelf merchandise availability and execute a successful omnichannel strategy. Schuurman states: “We see a lot of traction for RFID-based inventory management in the UK apparel and fashion industry and strongly believe that it is one of the markets in Europe where the RFID-adoption will explode over the next years.”
Inventory accuracy a key factor to maintain growth
The Netherlands, Groenlo, February 4th 2020
Mountain Warehouse, a major UK outdoor apparel and equipment retailer, has selected !D Cloud, Nedap’s leading inventory management solution for a global deployment to 400 stores. The deployment started in January 2020 in the United Kingdom, continuing with Europe, North America and New Zealand with the main objective being to improve inventory accuracy, leading to better product availability.
Strategic roadmap around RFID
Mountain Warehouse has been growing year on year for 2 decades now. To continue this success, it’s vital that the retailer continues to be agile and move with customer behavior. Aligning bricks and mortar with the digital experience of using RFID is an essential ingredient to maintain this growth.
“We have been very successful over the past 22 years at Mountain Warehouse. To build on this growth, we made the decision in 2019 to RFID source tag our inventory. As a result of this, we will benefit hugely from having full inventory visibility. Knowing what is in stock allows us to provide better product availability, improving our customer proposition, whilst increasing sales.”, comments Jamie Morgado, Head of Retail Operations at Mountain Warehouse.
Eliminating a high level of investment with Virtual Shielding™
Mountain Warehouse ran a previous project looking into the benefits of RFID. The improvement in accuracy, although with a different supplier, supported the business case which in turn started the Request for Proposal process.
“We were looking for an experienced supplier with a platform that was simple to integrate to, could scale internationally with ease, and was lightweight to setup from an IT perspective. We also wanted an application that is easy and fun for our store staff to use. We feel that Nedap’s experience in the market and approach to RFID, fits in very well with our objectives and culture at Mountain Warehouse, not only now, but where we want to be in the future too”, comments Alexandria Smuts, Head of IT Delivery at Mountain Warehouse.
In addition to experience and references, not having to invest in shielding materials was an important driver for Mountain Warehouse when selecting !D Cloud. Alexandria Smuts: “One key aspect in choosing Nedap was their Virtual Shielding solution, which will help stores with their shop floor replenishment process, maximizing on-shelf availability. Virtual Shielding removes the requirement to physically shield stock rooms with RFID blocking paint or foil, which facilitated a lower level of investment for roll out.”
“It is an absolute pleasure to welcome Mountain Warehouse to our !D Cloud community”, comments Nick Markwell, Business Lead !D Cloud UK at Nedap. “We share the same philosophy that inventory accuracy is the fundamental building block to enabling product availability. This will open more doors for future growth, opening up omni-channel initiatives and ultimately providing their customers with better choice. We are looking forward to helping Mountain Warehouse deploy RFID globally and supporting them to develop their RFID roadmap, so that they can continue to build on their very strong 22 years of trading.”