Over 750 Million Genuine Sensormatic Hard Tags Recirculated Annually
SINGAPORE, July 14, 2011 /PRNewswire-Asia/ --Tyco Retail Solutions (www.tycoretailsolutions.com), a leading global provider of retail performance and security solutions sold through ADT and authorized business partners worldwide, today announced the recent success of its revolutionary Source Tag Recirculation program, designed not only to help retailers improve supply chain and selling floor efficiency but also improve profits. With an eye towards sustainability, the initiative embraces green retailing principles by repurposing tags to save valuable time, money and resources. With over 750 million hard tags re-circulated annually, Tyco Retail Solutions is also well positioned to help the retail industry realize the long term benefits of dual-technology (EAS/RFID) source tagging for robust protection and unprecedented end-to-end inventory visibility.
Click here to access a new white paper on the benefits of Source Tag Recirculation.
"Retailers and retail supply chain leaders are looking to achieve higher levels of efficiency and customer satisfaction through sustainable, innovative growth programs," said Leslie Hand, Research Director for IDC Retail Insights.
Currently embraced by seven top global apparel retailers, Tyco Retail Solutions' Source Tag Recirculation program is based on over 40 years of Electronic Article Surveillance (EAS) excellence in retail. Retailers buy only the tags they need, and receive credits promptly when the tags are returned for recirculation - Tyco bears all the hard tag inventory risk. In addition, tagging costs can be built into the garment, not buried in store payroll. With the hard tag recirculation program, merchandise arrives ready to sell, accelerating both sales and inventory turns. For example, a leading global specialty apparel retailer switched from in-store to source tagging, and moved 30% to 50% more merchandise to the sales floor per hour. And when RFID technology joins EAS source tags, retailers will enjoy the added benefits of advanced inventory intelligence from end to end of a secure global supply chain. Having an established EAS recirculation path will be a tremendous advantage as retailers migrate to item level inventory solutions.
Tyco's hard tag program repurposes tags that are applied at the manufacturing source, and then recirculated from the retail store. Tyco Retail Solutions is the only supplier today with three automated recirculating processing centers globally and eight tag distribution center points, geographically positioned closer to garment manufacturing to help save retailers the cost of freight and other costs associated with purchasing source tags. The Source Tag Recirculation program is an environmentally responsible initiative retailers can easily integrate into existing sustainability programs to underscore a commitment to protecting the environment.
Recirculation reduces many of the direct and indirect costs of an in-store program, including:
"The Tyco Retail Solutions Source Tag Recirculation program puts the infrastructure in place to deliver cost-effective protection today, and unlock the full capabilities of EAS and RFID for robust protection and end-to-end inventory visibility tomorrow," said Kelvin Lam, VP for Retail and Security Products, ADT Security, Asia Pacific."As an environmentally conscious organization, we are committed to helping retailers integrate responsible solutions into their global supply chain and are proud to offer an innovative program that not only supports green retailing but also helps our customers reduce labor costs and improve profits."
About ADT Security
With more than a century's worth of experience, ADT Security is the world's largest electronic security company, providing electronic security solutions to more than nine million residential, commercial and retail customers worldwide. ADT Security's products include alarm systems and integrated security applications that link access control, CCTV, electronic article surveillance and source tagging systems. Please visit ADT's website at http://www.adt.com/global
About Tyco Retail Solutions
Tyco Retail Solutions, a unit of Tyco International, is a leading global provider of integrated retail performance and security solutions, deployed today at more than 80 percent of the world's top 200 retailers. Customers range from single-store boutiques to global retail enterprises. Operating in more than 70 countries worldwide, Tyco Retail Solutions provides retailers with real-time visibility to their inventory and assets to improve operations, optimize profitability and create memorable shopper experiences. The Tyco Retail Solutions portfolio for retailers is sold through ADT and authorized business partners around the world. For more information, please visit www.tycoretailsolutions.com.
Media Contact:
ADT Security
Tan Weiwei
Assistant Manager, Communications, Asia Pacific
Tel: +65-6389-8239
Email: wwtan@tycoint.com
