Here's how RFID makes your inventory count a breeze while increasing efficiency

First; What is RFID Technology? (radio frequency identification)

RFID gives you more specific commodity data. With the help of radio waves and a label or tag on the goods, you have control of the goods from the time they arrive until they are taken out of the premises.

The right item available at the right time becomes reality. RFID identifies items with said label or tag and the RFID reader does not need visual contact with the tag as ordinary barcode readers need.

Inventory counting is carried out efficiently with a handheld reader that is moved around the premises.

Nedap inventory count

Unfortunately, inventory counting is not always pleasurable. Most often, the same old story is repeated: in a "coordinated action" with their own employees, or even hired help, many stores have to spend a lot of time and effort checking inventory by the end of the rainfall wound.

This means an intensive procedure, which is not only time-consuming, but also expensive. At the same time, it only provides accurate inventory information in real time, like a single "snapshot".

The information from the inventory count becomes outdated over time, and the number of inaccuracies will grow continuously over the next twelve months. The consequence is that the store loses sales due to inaccurate inventory and out-of-stock items.
This can therefore be avoided with the help of RFID technology.

In addition, inventory counting with RFID is usually ten times faster than barcode scanning. Another result will be simple and regular counts resulting in a near "real-time" inventory balance.

How does it work practically?

With smart mobile devices, store employees can seamlessly help and advise customers. Adding RFID significantly reduces non-productive operations, especially for counting or searching for things in the store.

RFID technology has more advantages than inventory counting, and we see store employees embracing the technology. The insight into the actual inventory in store enables them to offer a better service because they never have to say "no" to customers.

Our provider has asked the users of our RFID solution which features they love the most, and here are their top three:

1. Assisted counting, team-counting and part-counting:

With this feature, store associates can always see how far along they are in the counting process, but also which items haven't been counted yet. Synchronized via our cloud solution and by using the unique product IDs stored on the RFID tag, it is never possible to "count too much".

Even if someone has already scanned a particular product, and you scan the same item again, the system knows that the item is unique and can only be counted once.

2. Smart virtual shielding:

The "virtual shielding" function is a functionality that automatically retrieves the correct sublocation for an item. This is based on signal strength combined with an advanced, self-learning algorithm, which removes the need to shield the storage room from the sales floor with foil shielding.

3. Live refill suggestions from back room to store:

Often, several "treasures" are literally hidden in the back room of a store. RFID counting per sub-location can make these treasures visible and stores can easily and accurately start replenishment from back room to store. The replenishment functionality generates store-specific replenishment lists based on sales data, actual and historical inventory levels and is able to learn which products are most important on the sales floor. RFID enables commodity visibility and thus more sales with an optimal availability of goods.

At the store level, stores will get accurate inventory information when employees experience the RFID solution simple, reliable and fun to work with. This is because they spend less time searching for missing items and more time serving arriving customers.
Does this sound like a solution that can strengthen your business?