Getting more from your RFID investment requires smarter software solutions
Retail Tech Insights | Thursday, October 12, 2023
RFID is the ‘hidden’ gem of the retail sector; helping stores grow sales, cut labour costs, reduce loss, and grow their profit margins, by undertaking instant on-demand stocktakes and reinforcing product security.
The benefits of the RFID technology are now widely recognized and with tags becoming more readily available on a broader range of merchandise, we can expect RFID solutions to really take off in the latter part of the 2020s.
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However, if there is one potential barrier to the accelerated deployment of these solutions it would come from the software side of the technology. While RFID hardware, tags and labels deliver invaluable data to retailers, providing staff with intuitive applications that offer visibility of a product’s movement has been challenging. Consequently, some stores have been able to harness the true powers of this transformative technology.
At EuroShop and NRF earlier this year, Checkpoint Systems – a global leader in RFID solutions – presented its next generation RFID inventory management software, ItemOptix™ for Retail. As you would expect, it enables retailers to take advantage of all the benefits of RFID – improved stock accuracy, handling goods faster, and accelerating stock movement. However, it’s the innovative way it delivers this that is catching the eye.
The software-as-a-service (SaaS) platform includes self-service features that support faster onboarding and ongoing system management, as well as industry-standard REST APIs that enable fast and simple integration, making it easy to deploy and offering users greater control over inventory and how it is managed.
This means RFID inventory data can be seamlessly integrated into in-house reporting suites, allowing for more extensive analysis while reducing onboarding costs and training requirements. Ultimately, this frees up store staff to focus on customers and ultimately, increases sales.
ItemOptix for Retail also features an in-built mobile app and portal reporting experience. Inspired by leading consumer-facing apps, its UX is designed to offer a simple and minimalist interface to focus users’ attention and avoid any confusion. It displays a set of focused reports that give retail managers the visibility they need to improve store performance.
Checkpoint Systems’ pioneering RFID software solution is a gamechanger when it comes to transforming operations and finally giving retailers full visibility of every step of their product’s journey. It is genuinely easy to use, easy to deploy, and easy to adapt, meaning inventory data can be seamlessly integrated, ultimately helping to improve the bottom line, increase efficiency and drive profits.
It has also been built with flexibility in mind, meaning retail operators can transform the look of their interface, customise the capabilities, and/or consume whatever information they require from the comfort of their own mobile device, making it the most adaptable RFID solution available.
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