Media & Entertainment
Media & Entertainment poses unique business challenges arising from the
fact that the majority of lifetime sales typically occur within the first several
weeks of sales.
Maximizing
revenues during this compressed timeframe is critical to success. Item-level solutions
built upon the TrueVUE RFID Platform have
been shown to significantly improve the sales of these high velocity items by maximizing
their on-floor availability. It’s the old adage – get products in the right place
at the right time. In fact, Vue customers have attributed increased sales of up
to 18% directly to their item-level solution.
If this benefit alone isn’t enough, customers in Media & Entertainment have
seen their receiving and replenishment reduced by 50-75%. Again, with high velocity
items, reducing cost in these areas can add up to significant savings.
Finally, Media & Entertainment is definitely prone to internal shrink. Customers
leveraging technology from Vue have seen significant reductions in internal shrink.
Solutions in Media & Entertainment can be either mobile based or shelf based,
but with the high-velocity items the shelf-based solutions provide significantly
more benefit by ensuring on-floor availability throughout the day. Vue’s platform
can be utilized in either type of environment, and leverage the following products: