RFID Puts Billions Back Into The Pockets Of Retailers
Did you know that RFID could put billions of dollars back into the pockets of retailers?
A 2016 survey by the National Retail Federation, reports that retail inventory shrink accounted for almost 1.4% of sales, or $45.2 billion dollars.
Loss in retail is a big issue, and the main issue is theft. Research is showing that shoplifting accounted for 39% of the reported shrink in 2016 alone, and perhaps more concerning is that employee/internal theft amounted to 35% of inventory shrink.
In this...
From: Mojix Inc
Related topics : rfid retail inventory
How Does RFID Solve Inventory Problems?
Justin Patton, Auburn University RFID Lab Director, explains how RFID technology is solving many common problems in the retail supply chain.
From: RFID Lab
Related topics : rfid technology supply chain / retail rfid technology / rfid retail inventory
SATO SMART RETAIL SOLUTIONS - RFID Stocktaking/ Inventory Tracking
How long do you take to do a stocktake? SATO provides smart retail solutions for all retailers be it at the shopfloor or at the back end office. RFID stocktaking in a minute! Effectively reduce manpower cost, time and enhance efficiency and accuracy.
From: SATO in Asia Pacific
Related topics : rfid inventory tracking solution / rfid retail solutions
Dr. Rafay Ishfaq - Helping Old Dogs Learn New Tricks: Retailers Use RFID Technology
Rafay Ishfaq, a faculty member in Auburn University’s Raymond J. Harbert College of Business, presents his Auburn Talk “Helping Old Dogs Learn New Tricks: Retailers Use RFID Technology for Smart Inventory Counting” during the 2015 This is Research: Faculty Symposium on Sept. 30, 2015, in The Hotel at Auburn University and Dixon Conference Center.
From: Auburn University
Related topics : rfid technology uses / retail rfid technology / using rfid for inventory
EssenRFID (UHF) Retail Store Management System
An animated video showing an RFID implementation in Retail , and how EssenRFID's XtennaTM can help give you an advantage in the Retail business.
By offering real-time visibility into inventories, product distribution and points-of-sale, RFID technology is transforming the retail industry. Some of the world's largest retailers such as Wal-Mart, Tesco, Metro AG and Target have mandated RFID tagging.
EssenRFID is an Indian RFID hardware manufacturer, based in Mumbai. Essen has been a pioneer in...
From: EssenRFID
Related topics : rfid technology in retail industry / rfid tags retail industry / rfid tags retail+stores / rfid hardware manufacturers india / rfid solution providers in india
Taking inventory with smartPIN RFID EAS tag - Demo
In this short video we demonstrate how QID smartPIN, a special UHF RFID EAS tag can help apparel retailers to cut time spent on inventory taking.
From: Peter Perecz
Related topics : rfid tags for inventory / rfid uhf tags / retail rfid tags
RFID benefits in fashion retail
RFID benefits in fashion retail. Watch how the most common applications in fashion retail are easily executed with the help of RFID technology. Goods-in, inventory, locate and point-of-sale.
From: nordicid
Related topics : rfid retail benefits / rfid retail applications / retail rfid technology / rfid retail inventory / rfid in retailing