RFID & Wireless IoT create benefits for companies and customers in the midst of digital disruption
RFID & Wireless IoT solutions connect online and offline retail worlds, secure goods in stores, protect brands from product piracy and create new shopping experiences. And that is just the beginning. In this area, we present you with comprehensive expert knowledge on the use of innovative technologies in retail.
"Through the use of RFID technology, employees become digital shopping experts and advise customers on products that they themselves have not yet had in their hands," states Stefan Otte, summarizing the reasons for the global rollout.
Two RFID transponders in each pallet enable the localization of the pallet pool and thus efficient and transparent control. Currently on the agenda: the development of a plastic Euro pallet that can replace the wood-based Euro pallet 1:1.
A retail store of the future is to be created and the entire retail industry to be transformed. This consequently expands the boundaries of sport, fashion, and technology.
In the "Fashion Connect" store, "classic" shortcomings of the retail trade, such as rummaged shop shelves, narrow and poorly lit cabins or long queues at checkouts, are to be addressed by technical innovations.
An employee needs about an hour for the RFID-based recording of more than 15,000 items. The use of RFID reduces the time required for inventories and inbound goods by over 90 percent.
Unmanned stores – shopping solutions that offer complete independence and flexibility for the customer – blur the lines between online and offline consumption.
The message of SML Group's CTO Dean Frew is: RFID implementation in shops needs to be kept as simple as possible because a solution like this will benefit the retailer immensely.
The Polish fashion company LPP uses RFID hard tags in order to provide physical protection against theft and optimise the supply chain – and it is only the beginning of the RFID “programme”.
Dual frequency inlays from Lab-ID combine NFC and UHF on one chip for supply chain optimisation, improved customer interaction on the shop floor, and more.
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Wireless Technologies for the Retail Industry
Especially in the textile business, wireless technology has long moved into the retail industry. Availability in the store and online is monitored and updated via a network of transponders, readers, and a cloud that can be accessed manually or that automatically sets processes in motion, for example to restock inventory.
Items can be tracked and located via wireless technologies like RFID, creating transparency in the supply chain.
All articles in this section have been selected with care to not only provide you with information about certain projects but also to give you the opportunity to find the exact fit of supplier, product, or solution for your own project.
A unique customer experience
In order to guarantee a convenient shopping experience, stores can implement applications like smart mirrors or fitting rooms that monitor items (and can detect possible manipulation) and recommend complementary items or provide information about size and color availability. Innovative customer interaction (through virtual shop assistants) can improve customer satisfaction and loyalty.
With dynamic prices, stores can adjust more easily to the market, competitors, and the customer needs.
Improved security
Wireless technologies provide security in the retail industry: Item tagging (source tagging right from the production) can help prevent theft or counterfeiting and unveil tampering. With mobile or short-range payment methods (NFC), data remains secure, transactions are documented, and the payment process is faster and easier.
RFID & Wireless IoT in Retail
RFID & Wireless IoT in Retail
