In retail segment, retailers are already experiencing the beginnings of this trend, as RFID enables linking of warehousing to physical store and then to the e-commerce assists in brand authentication and enhances the in-store customer experience. Most retailers today conduct a manual stock count twice a year, achieving an average inventory accuracy of 70 to 80 percent. Item-level RFID makes it possible to activate, connect and track all those things that are currently invisible. By accessing real-time data on all their inventory items, retailers can achieve 99 percent inventory accuracy, know the missing items exactly and realize a true Internet of all Things (IoT) enabled VF&T platform.
We’ve actually done the large setup for one of the biggest supply chain in India and replicating the same for their international requirements as it is an integrated (SAP/ERP), easy-to-deploy, scalable solution. In store for your retail business with VF&T retail solutions.
Through RFID and barcode products and services and advanced relational database software, VF&T retail solutions capture and track detailed item and asset information helping you optimize efficiencies from the back office to checkout.
Profit and productivity are our key areas to focus in retail solutions include retail asset management solutions, RFID retail solutions, Inventory management and security solutions, mobile store solutions, EAS (Electronic Article Surveillance) and ESL (Electronic Shelf Label).
Inventory Management and Tracking
VF&T inventory management solutions give you the real-time, item-level inventory insight to know what is in stock—and how to find it. Equipped with this information your associates will spend more time selling merchandise and less time looking for it based on Brand, Size, Colour, Type, etc.
Inventory management solutions drastically reduce the time it takes to check inventory – can be completed in minutes or hours with an RFID handheld reader. With smart application you can take stock check by Store, Section, Rack or even up to shelve level. RFID-enabled shelves can even take inventory on their own! RFID systems raise inventory accuracy to 99%.
Compared to the lower accuracy of POS-based data, which creates logical and physical inventory difference most of the time. RFID-based inventory management solutions raise inventory accuracy to 99% or higher.
VF&T’s inventory management solutions also help retailers verify shipment accuracy and minimize shrinkage. Manufacturers or producers can use inventory management to capture case-level traceability information to assist in product recall.
VF&T retail solutions platform is a leading provider of RFID technology solutions proven to increase business value through cost-efficient, real-time RFID asset tracking software, RFID tags & labels, RFID Middleware software, RFID printers, RFID readers and RFID services with an integrated (SAP/ERP), easy-to-deploy, scalable solution for any size from a small store to large enterprise-level supply chain.
Our RFID and IoT technologies go beyond the limitations of barcoding in its functionality, cost-efficiency and overall performance providing real-time visibility into business operations. As an integrated future-minded partner for retail vertical, VF&T Solutions is qualified to help grow your business. We believe that we have and can deliver the RFID products and solutions to resolve the challenges your business is experiencing while also helping you achieve tremendous business success.
Using RFID technology in Retail
- VF&T supports GS1 compatible Encoding/Tagging setup for the Manufacturers and Suppliers integrated with their clients SAP or any other ERP system. By this setup, next level team is updated real-time on the ground level work status and to be ready for the expected delivery schedule.
- The warehouse team receives the goods as per SAP/ERP orders and inward them with RFID enabled inventory checklist
- Warehouse can get the shipment ready with the picklist function as per the store re-ordering list or distributor request and subsequently can keepthe concerned stakeholders notified about the dispatch status
- Distributor receives the goods and keep them ready to send them to stores without and errors and share the exact dispatch list with store before hand for their confirmation.
- Store receives the goods and place them as per designated retail shelves and racks with RFID location marking as per the planogram.
- Store staff locates a particular item in the store and check its availability
- Have access to the products from store to store and also to the entire database
- Offer personalized customer offers and an improved shopping experience
- Reduce shrinkage with item level tracking and improve the security at the store gate.
- Maintain in-stocks, minimize theft, and manage the ratio of supply and demand.
- RFID powered real time inventory at the stores enables zero omni-cancellations when integrated with endless aisle platforms
- RFID interactive systems enhances customer experience and help them make right choices & introduces to them more styles thereby increasing the chances of sale
VF&T Encoding Station
VF&T Encoding Station easily and quickly encodes hundreds of RFID tags at retail stores, offices, distribution centres, warehouses, or other spaces.
VF&T encoding station includes:
- Internal RFID reader with embedded computer
- RFID antenna
- Barcode scanner
- Magnet for facilitating the placement of RFID hard tags
- Visual indicators
- Frame and casing
- Display
Business benefits of VF&T encoding station:
- Easy, fast and effective encoding
- Stand alone & with cloud connection
- Plug and play
- Compatible with hard tags and paper tags
- Password protection
VF&T BULK ENCODING CONVEYOR
VF&T IoT enabled Bulk Encoding Conveyor easily and quickly encodes hundreds of RFID tags/items inside box at retail distribution centres, warehouses, or other spaces.
VF&T Encoding Conveyor includes:
- Internal RFID reader with embedded computer
- RFID antenna
- Touch Screen Interface with Visual indicators
- Frame and casing
Business benefits of VF&T encoding station:
- Easy, fast and effective encoding for large quantity within a packing box
- Stand alone: encodes anywhere
- Plug and play
- Compatible with hard tags and paper tags
- Password protection
- IoT Enabled
Asset Management and Tracking
Asset management is an essential retail solution offered by VF&T. With a VF&T asset management solution user can quickly and easily locate any creative asset—reducing the time required for audits or inventories and track its complete life-cycle from acquisition to disposal. This retail solution is versatile enough to track items, racks, shelves, IT assets, equipment, and vehicles for effective visibility, control, and accountability.
VF&T RFID retail solutions improve every aspect of merchandise management delivering on the promise of item level tracking to help retailers keep the floor stocked, take accurate inventory, process incoming orders, and reduce shrinkage. Capturing the movement of any item within the store and throughout the supply chain, VF&T RFID retail solutions provide the visibility to help you improve product availability and customer service.
REAL-TIME TRACKING OF INVENTORY IN THE WAREHOUSE, IN TRANSIT AND IN-STORE.
Reduction in time checking, counting and logging product at all levels of the supply chain will deliver great savings.
INCREASE ASSET VISIBILITY, INVENTORY ACCURACY IS EVEN MORE VALUABLE IN AN INVENTORY MANAGEMENT ENVIRONMENT.
The ability to accurately know what you have and where will reduce safety stock, enable better timing of replenishment and give better data on where to forecast future demand.
IN-STORE IMPROVE EMPLOYEE PRODUCTIVITY.
RFID reduces the time spent by employees on their daily in-store operations. This saved time can help in incremental sales through client tailing, personalized sales, running campaigns, spending more time on adherence to visual merchandising, customer experience, etc.
EASY ACCESS TO FRESH CATEGORY DATA.
In the chilled environment, the ability to not only know what inventory you have on the shelf but also the expiration date and shelf life remaining would revolutionize inventory management in what’s one of the most expensive sectors to operate.
MUJI project
- Surveillance camera system and AI application for the purpose of controlling, identifying, counting the number of customers, and timekeeping.
- The network system provides signals for wifi, POS machines, computers, printers…
- Digital Signage advertising screen and sound system.
- Especially RFID security and warehouse control gates.
