The retail industry is highly competitive with tight margins and short cycle times. Store out-of-stock conditions average eight percent across all product categories, and as high as 20 percent during promotions. Many retail businesses have little visibility of the sales floor. These companies need accurate and timely information on a constant basis.
SkyeTek's embedded RFID solutions for access control, contactless payment, inventory management and patron management offer new opportunities for real-time demand visibility, forecasting and managing inventories.
Retail companies and manufacturers can benefit from products that have embedded RFID as a feature to:
- Keep shelves stocked
- Replenish items quickly
- Remove expired products from circulation
- Eliminate stock-out situations
- Create interactive product experiences
- Enforce placement obligations
- Protect against theft
- Control access to restricted areas
- Offer contactless / cashless payment options
- Manage customer loyalty programs
SkyeTek's cost-effective, high performance reader modules and flexible, intelligent software can be embedded in shelves, bins, carts and displays to gather and track data about individual items, and even more importantly communicate that data over the network to back-end systems. These solutions provide an unprecedented amount of business intelligence that can be integrated with other processes and made actionable.
SkyeTek also provides professional services to assist with tag selection, module integration, antenna design and tuning, and regulatory certification.