Improved planning, increased sales, and security for stores
Which products are currently available? What needs to be reordered? Is a product still available in another store or is it available online? How valuable is the location inventory? Which products should be promoted or discounted and when? A growing number of items and variants makes it increasingly difficult to keep track of ongoing business and offer customers the product they want at any time.
With RFID technology, every product can be identified at goods receipt and then tracked: from the warehouse to the shelf to the checkout – and beyond. Each individual item is tagged with an RFID tag and linked to an item number in the merchandise management system. By assigning them to customer profiles in a loyalty and discount program or online checkout, useful insights into customers’ preferences and habits can be gained and further sales generated.