It is all about leveraging RFID technology to enhance customer experience, productivity, revenues, and profit. It encompasses wide variety of functions including goods receiving at the store, transfer from back store to the shop floor, stock taking, timely replenishment of fast-moving items and introduction of self-checkouts.
Yes. All it requires is to affix RFID labels/tags on all your stock. It is also feasible to upgrade from Barcode to RFID. You will be surprised to know that the payback period for your investment will be just 9 Months – 18 Months.
Using different kinds of RFID readers, you can make the transfers from back store to shopfloor faster and easier while having accurate database of stocks transferred with distinct identity
Unlike Barcode readers which goes by the line of sight, RFID readers read all the stocks within the radius of the reading range. In this process, the stock taking time gets reduced by almost 80% which results in employee cost reduction and effective utilization of manpower. You can also increase the frequency of stock taking, thereby having greater control over the stock.
Many a times, customers leave the shopfloor especially fashion stores due to non-availability of the required design, color or size. RFID technology enables faster tracking and timely replacement of inventory, thereby increasing the sales.