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RFID can Put Billions Back into the Pockets of Retailers
May 11, 2018

RFID can Put Billions Back into the Pockets of Retailers


Adoption of Radio Frequency Identification (RFID) systems for retail inventory management has been growing in recent years. In addition to helping retailers create efficiency in their stores and supply chains, RFID has emerged as the ideal loss prevention tool.


Items fitted with RFID tags at their source can be tracked as they travel through the supply chain. RFID tags alone don’t stop a box being carried away and sold elsewhere. But they create valuable intelligence both for law enforcement, to retrieve lost goods, and for supply chain managers, to pinpoint areas of greatest loss then do something about it.


RFID Can Put Billions Back Into The Pockets Of Retailers 


Once at the store, stolen items fitted with RFID tags can be tracked leaving. When combined with instant alerts to security guards or retrospective store camera footage, RFID allows retailers to literally see their products being stolen, wherever the thief is hiding them.


Market leading systems mean that retailers no longer need to accept this level of shrinkage as a “cost of doing business.” Widespread adoption of RFID systems will put billions of dollars back into the pockets of retailers through loss prevention, while also offering all the efficiency and visibility benefits normally associated with RFID in the retail sector.





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