In order to improve inventory accuracy and resolve these issues, frequent inventory cycle counts were required.
Retail store uses barcode for inventory management. Barcode can only be scanned one at a time and it requires a direct line of sight. UHF RFID performs hundreds of read acquisition per second and doesn’t require the direct line of sight between the reader and the RFID tags. This makes the taking inventory not only faster but easier and far more accurate than using barcodes.
RFID technology, such as our handheld or Point Of Sale (POS) readers not only provides this information but also includes the unique serial number of the item. This makes it much easier to differentiate sizes, colours and other unique attributes.
Current Retail Pain Points:
• Man hours needed to check inventory
• Misplacement of products
• Stock lost due to shop theft
• Direct input by staff for payment checkout
• Out of stock conditions result in lost sales
Fewer labour and shorter time for inventory checks required
Reduce Out-of-Stock conditions
Better Shopping Experiences
Loss Prevention System
Real Time Notifications
• RFID can provide real time notifications of product replenishment needs, stock movement, out of stock and when there is low inventory. It also increases inventory accuracy and efficiency by reading RFID tags on the products. This ensures that the products are on the correct racks and shelves.
• RFID has the potential to alert staff when products are being removed illegally. Thefts and the misplacement of products can be avoided using RFID.
Self Service Kiosk
• Customers can self-checkout and pay for their purchases by using the available RFID-enabled kiosks. This can reduce the waiting times and manpower to be stationed at the cashier counters.
• Customers are able to locate products displayed on mannequins easily via our smart interface.
Self-help General Enquiry
• Customers are able to navigate the entire store’s catalogue without any help from the shop assistants.
Retail RFID Layout
1) RFID fixed and handheld readers – To perform receiving operations at dock doors (warehouse) and storeroom.
2) RFID anti-theft gantry – To track products movement and prevent unauthorised product movements at store entrance
3) RFID fixed readers – To perform automated inventory monitoring on the sales floor.
4) RFID handheld readers – To perform quick and easy cycle counting on the sales floor. To provide store inventory information to value add customer service.
5) RFID Point Of Sale (POS) readers – For fast check out of all purchases within seconds