In today’s world, consumers expect a seamless shopping experience. Retailers are opting to implement RFID technology in their stores because it’s the gateway to omnichannel, providing accurate display compliance, and full visibility of inventory down to the item level. Using RFID ensures each product SKU is unique and traceable throughout the supply chain, dramatically improving stock accuracy and data management through the retail space and beyond.
RFID Loss Prevention Use Cases
RFID-based technology is enabling many retailers to offer an easier and more efficient experience to their customers while increasing stock visibility for their store associates. Where RFID can bring additional impact in store is when it is paired with their loss prevention initiatives. Traditionally, loss prevention simply signals (by alarm or flashing light) when a theft occurs at the point of exit; by leveraging RFID technology, retailers can now obtain:
- Product specific information down to the item level
- Opportunities to make educated decisions around merchandising based on theft patterns
- Data used for case building
- Coverage on wider store entrances with increased the detection range
- Capability to control point of exit alarms when merchandise is close to the store entrance
By installing RFID enabled readers at the point of exit, retailers gain visibility of their shrink. Providing insights to theft at the item level allows retailers to make smarter decisions in-store. Understanding sooner the who, what, and when of the theft that occurred, allows retailers to interpret and enact change that would benefit their retail environment.
For retailers just getting started with their RFID journey, they can focus their RFID implementation on the highest shrink items in their retail space. Each retail environment has different requirements and expectations surrounding the RFID use cases and the technology can be tailored to as much or as little as the retailer wants.
Checkpoint Systems RFID Solutions
Our portfolio includes many RFID enabled solutions; from adhesive labels, to integrated branded tags, point of exit solutions, even our Alpha High-Theft solution line can be RFID enabled, so there is a solution for every environment. With one of the largest portfolios of RFID inlays, which are designed and manufactured in-house, Checkpoint offers retailers a comprehensive solution. Since loss prevention is at the heart of what we do, we understand the importance of expanding our loss prevention capabilities while leveraging new technologies to make this happen.
SFERO™, our next generation of RFID loss prevention systems, combines intelligent pedestals and overhead antennas enhancing the readability with the increased detection an RFID inlay provides. With possible detection accuracy greater than 95%, SFERO™ loss prevention systems can protect store openings as wide as 32 ft and 11 ft overhead without disruption, providing an open aisle solution for the store.
Alpha High-Theft Solutions offer uncompromising security for high-theft merchandise and allow for an open display environment, meaning customers can still easily view product information and purchase products from trained store associates. These solutions combined with the power of RFID, allow for the protection of high value, high shrink merchandise. The RFID enabled Mini NeedleLok security device gives retailers the benefits of high-theft protection while gaining the flexibility to use RFID for loss prevention, or enhance their current EAS systems when implementing RFID into their stores. The Mini NeedleLok security device includes customizable QR codes that can be used for consumer engagement in store. Any Alpha High‑Theft product that is RFID enabled can act as the RFID tag in inventory management use cases and beyond.
Checkpoint’s software suite encompasses a wide range of use cases in RFID from supplier solutions to loss prevention initiatives. ItemOptix™ software is an extendable software offering, tailored to meet the stores, specific needs effortlessly. Implementing ItemOptix software provides the basis for inventory management from source to shopper. Adding the EAS Intel™ extension to our inventory management software solution provides the same item level visibility with added reporting features around EAS alarms, providing the who, what, and when to shrink.
Visibility Where You Need It
No matter the business case, solutions are available and can be adjusted to meet retailer requirements. With retail theft at an all time high, it is only natural that retailers find new ways to capitalize on new methods for loss prevention. RFID, while not a new technology, is seeing a rise in its implementation across retail, as well as other industries. RFID is no longer only just an inventory management solution, it is a technology that can take businesses to the next level. Learn more at checkpointsystems.com.
