RFID in Retail

Enabling retailers to explore latest pathways to generate more revenues, RFID solutions are designed to increase operational efficiency. Providing instantaneous operational information of product movements in entire retail process, including stock to shelf and off the shelf to cash counter, it applies the process of automatic detection. Using automatic products movement tracking throughout the retail process, phases or floors, RFID offers a real-time inventory tracking that incorporates minimal human intervention. It allows in-

Improve security against shoplifting
Automate product movement, identification and authentication
Increase speed and efficiency throughout the retail process with fewer errors
Improve efficiencies for billing, reporting and end of day settlement
Gain greater control over costly inventory management
Provide real-time connectivity between production floor and retail floor, thus reduce minimum stock level requirement
Increase overall labor productivity and decrease overall labor cost

Binary provides an ideal enterprise mobility solution for every retail segment, whether it is related to the elimination of misplacements of goods, streamlining the associated cost, processing of incoming or outgoing shipments. If client wants to eliminate misplacement of goods or streamline the costs associated with processing incoming and outgoing shipments, Binary provides the ideal enterprise mobility solution for many retail segments such as:

Apparel Mass Retail
Drug /pharmacy Retail
Consumer electronics Retail
Specialty Retail
Grocery Retail
Food & Beverage Retail
Other Packaged goods Retail

RFID at it's Best

RFID technology is an amazing solution that connects one with his bank-accounts and offer wired-money transfer at various retail locations. It keeps identification of the account-holder and purchased goods. According to an A.T. Kearney study, “retailers can reduce out-of-stocks by 0.07 percent yet still reduce overall inventories by 5 percent through improved visibility from RFID-enabled distribution systems”.

RFID in Retail

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