Magazine Article | April 22, 2014

Improved Inventory Accuracy Clinches The Business Case For Item-Level RFID

Source: Innovative Retail Technologies

May 2014 Integrated Solutions For Retailers

By Adam Blair

A wide range of customer-facing and operational benefits flow from the significant boost to inventory accuracy that comes from item-level RFID.

As item-level RFID use spreads, retailers are discovering an expanded scope of its benefits. Many stem from dramatic improvements in inventory accuracy rates, which can jump from 65 percent without RFID to 98 percent or higher with the technology. Even bigger benefits accrue when retailers invest in source tagging and also incorporate the tags into their loss prevention systems, according to Raj Jayaraman, senior director of merchandise visibility solutions at Checkpoint Systems.